Acadia Healthcare (Nasdaq: ACHC) has its eyes set on growth, with plans to add about 600 beds across new and existing facilities in 2020 and a “robust pipeline of approximately 30 projects” on the partnership front. Even the sale of Acadia’s UK business, expected for later this year, ties in, as it could eventually help […]
The Drug Enforcement Administration (DEA) has proposed a rule that would make it easier for behavioral health providers to remotely provide medication-assisted treatment for opioid-use disorder (OUD). The proposal would allow narcotic treatment programs to dispense methadone remotely using mobile units without requiring them to get separate registration to do so. Currently, providers have to […]
The Trump administration will take nearly $5 million from the Substance Abuse and Mental Health Services Administration (SAMHSA) to help fund its coronavirus response efforts. The administration is transferring $136 million from other programs and has requested another $1.25 billion in new funding to help pay for research and prevention efforts. That includes $4.9 million […]
Opened ABA provider opens new Illinois location Northbrook, Illinois-based Autism Home Support Services (AHSS), a provider of applied behavioral analysis (ABA) therapy services, has opened a new location in Rockford, Illinois. The new center will provide one-on-one, small group and social skills therapy to children 18 months and older with autism spectrum disorder (ASD), according […]
Last year was a busy one for transactions in the addiction treatment services market, with few in the industry as active as Discovery Behavioral Health (DBH), a portfolio company of Webster Equity Partners. Based in Los Alamitos, California, DBH is led by CEO John Peloquin, who helped strengthen the company’s already firm market foothold in […]
Opened NAMI chapter opens new center The National Alliance on Mental Illness (NAMI) chapter in Sandusky County, Ohio has opened a drop-in center in Fremont. The clinic will be open for three hours a day and will have mental health professionals available to provide consultation services, as reported by Toledo TV station WTOL. The new […]
Expanding medication-assisted treatment (MAT) for opioid use disorder (OUD) and combating the resurgence of meth are currently top priorities for the U.S. Department of Health and Human Services (HHS), according to Admiral Brett Giroir, assistant secretary for health at HHS. Giroir shared those goals and others during a Tuesday presentation at the 2020 CMS Quality […]
Sabra Health Care REIT (Nasdaq: SBRA) is doubling down on its interest in behavioral health, especially addiction treatment, but don’t expect to see a whirlwind of deals just yet. “Our current acquisition pipeline is just under $1 billion,” CEO Rick Matros said Monday during the company’s fourth-quarter and year-end earnings call. “It’s still primarily senior […]
A drop in drug-related overdose deaths has the average American life expectancy back on the rise after years on the decline. Life expectancy in the country rose from 78.6 in 2017 to 78.7 in 2018, according to a recent report by the Centers for Disease Control and Prevention (CDC). At the same time, deaths by […]
Most behavioral health providers agree it’s a good thing: The federal government continues to funnel more money into behavioral health initiatives, such as fighting the opioid epidemic and funding certified community behavioral health clinics (CCBHC). But as providers find themselves with more federal dollars, they’re also more likely to face increased scrutiny over their practices, […]