Kindred Healthcare is leveraging its reputation as a leading specialty hospital company to fuel the growth of its relatively new behavioral health business. Founded last year, Kindred Behavioral Health (KBH) is already on its way to becoming an industry leader in inpatient care. It has about 190 beds in its portfolio to-date and is coming […]
Destination Hope — an addiction treatment provider in Fort Lauderdale, Florida — has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Florida. The company submitted the voluntary petition August 28, citing the coronavirus and other issues as the impetus. Founded in 2007, Destination Hope provides substance use disorder […]
The last five months have been hard for behavioral health providers to weather, with many being forced to cut back services as a result of COVID-19-related financial strain. Some are even facing the risk of closure. Then there’s Pinnacle Treatment Centers, which has actually been expanding. Pinnacle is one of the largest substance use disorder […]
In the past four years, health plans affiliated with Anthem (NYSE: ANTM) have more than doubled the percentage of members receiving whole-person medication assisted treatment (MAT) for opioid use disorder (OUD). Four years ago, the insurer found that only 18% of consumers were receiving both drug therapy and counseling services as part of their MAT […]
Acadia, Covenant Health break ground on new behavioral hospital Acadia Healthcare (Nasdaq: ACHC) and Covenant Health have officially started construction on their newest inpatient behavioral health hospital, East Tennessee Behavioral Health. Franklin, Tennessee-based Acadia is a behavioral health provider that operates nearly 600 behavioral health facilities across the U.S., the U.K. and Puerto Rico. Meanwhile, […]
Recovery Centers of America (RCA) — a private equity-backed substance use disorder (SUD) treatment provider based in the Northeast — has opened its first Midwestern location. The new facility in suburban Chicago started accepting patients Tuesday. The organization plans to expand its presence in the heartland even further later this year. Based in St. Charles, […]
Despite the stringent federal requirements clinicians must meet to become waivered providers of buprenorphine, only about half of those eligible to prescribe the medication-assisted treatment (MAT) drug actually do so. That’s according to a new study conducted by Pew Charitable Trusts in collaboration with Deerfield Management Co. and Rand Corp. The findings were published on […]
Maine’s largest mental health provider gets new president Maine’s largest mental health provider has selected a new president. Kelly Barton will officially step into the role at Maine Behavioral Healthcare in early October. Maine Behavioral Healthcare is a not-for-profit that serves more than 20,000 patients across 30 locations in the state. It’s part of the […]
Over the past several months, health care organizations have been propping up telehealth programs left and right in response to the coronavirus. Substance use disorder (SUD) treatment providers are no exception. According to a new survey by the digital behavioral health solutions provider Tridiuum, more than 80% of behavioral health providers started using telehealth for […]
Evolve Treatment Centers opens two new locations Evolve Treatment Centers has opened two new residential treatment centers for teens. Both centers are located in the East Bay, with one in Walnut Creek, California, and the other in Lafayette, California. Los Angeles-based Evolve has 13 locations across the state of California. It specializes in treating teens […]
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