Ginger acquires technology assets of LiveBetter San Francisco-based health and wellness startup Ginger has acquired the technology assets of LiveBetter, a free app that helps users address select mental health challenges. Financial terms of the deal were not disclosed. San Francisco-based Ginger is a virtual behavioral health care system that delivers coaching, therapy and psychiatry […]
Category: Substance Use
Behavioral health and addiction issues were among hospital CEOs’ top concerns in 2019, according to a new survey. The American College of Healthcare Executives (ACHE) asked 1,481 community hospital CEOs from across the country to rank 11 issues based on how much they were impacting the CEOs’ organizations. Nearly 400 CEOs responded to the survey, […]
A care optimization platform that helps patients, providers and health plans navigate substance use disorder (SUD) has raised $15 million in Series C funding. The money will be used to accelerate axialHealthcare’s expansion into the SUD treatment and recovery sector, according to a press release announcing the news. Oak HC/FT, .406 Ventures, BlueCross BlueShield Venture […]
Behavioral health deals could represent a large opportunity for Sabra Health Care REIT (Nasdaq: SBRA) in the future, according to CEO Rick Matros. Irvine, California-based Sabra is a real estate investment trust (REIT) with a portfolio of 429 properties across the United States and Canada. It has historically specialized in senior housing, skilled nursing and […]
Promises chairman named interim CEO Rob Waggener, the chairman of Nashville, Tennessee-based mental health and SUD treatment provider Promises Behavioral Health, has been named the company’s interim CEO. Waggener will retain his chair post as he temporarily takes the helm of Promises, which operates 10 facilities in Florida, Massachusetts, Pennsylvania, Texas and its home state […]
The expansion of Medicaid has allowed thousands to receive treatment for substance use disorder (SUD), a new study shows. States that chose to expand Medicaid following the enactment of the Affordable Care Act (ACA) have seen significantly more low-income adults seek treatment for SUD than states that did not. In fact, in four years, expansion […]
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 […]
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