BrightSpring Health, which provides various behavioral and physical health services, plans on hitting the public market via an IPO. This comes after reports circulated in September that the provider was looking to file a $1 billion IPO. A public offering has been on the table for quite some time for the Louisville, Kentucky-based operator. In […]
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Value-based care has been a buzzword for decades in behavioral health, but the bulk of providers have yet to make the leap from fee-for-service to a risk-bearing or even cost-savings model. This could be changing as payers begin to prioritize value-based care contracts. In turn, this could reshape dynamics between providers and their investor partners. […]
Brightside Health, a digital mental health company, has extended its scope to include Medicare and Medicaid enrollees. In so doing, it increases its potential reach to about 100 million lives covered. The San Francisco-based startup has secured deals with several leading health plans to extend mental health and digital support services to this new population. […]
With macroeconomic headwinds leading to declining valuations and less M&A activity, the mental health space is at a crossroads. The notoriously fragmented industry is still prime for maturation, but many companies are facing growing pains. Several companies that came onto the public market during the 2021 boom year are struggling to keep up with investor […]
A group of U.S. lawmakers have introduced a new bill that could help incarcerated individuals access Medicaid 30 days before their release from prison or jail, giving them better access to behavioral health services. The new legislation, dubbed The Reentry Act, would make it easier for Medicaid-eligible individuals to access services like substance use disorder […]
Aging Media Network (AMN) is proud to announce the 2023 Aspect Awards winners. With 53 submissions in the categories of Behavioral Health, Home Health & Home Care, Hospice & Palliative Care, Senior Housing & Senior Living, and Skilled Nursing (SNF), the scope of creativity is broader than ever before. The program was judged by 10 […]
The federal government has proposed a new rule that would allow take-home doses of methadone. It would also let authorized physicians treat patients with buprenorphine and methadone-assisted over telehealth. This comes as the Biden administration continues to prioritize substance use disorder treatment amid the growing rates of drug overdose deaths. The CDC reported a 28% […]
DotCom Therapy is joining the wave of virtual providers jumping into the Medicaid market. The digital health provider offers behavioral, speech and occupational therapy to the pediatric population. It will begin its Medicaid efforts in Wisconsin and is working with the state’s BadgerCare Plus program, which integrates Medicaid and the Children’s Health Insurance Program (CHIP) […]
Why Medicare Director Dr. Meena Seshamani Is Prioritizing Whole-Person Behavioral Health Care at CMS
The U.S. Centers for Medicare and Medicaid Services (CMS) has made behavioral health equity a strategic priority. In particular, the agency is focused on integrating behavioral health services into a community model. Earlier this month, it proposed a new ruling aimed at addressing workforce shortages and enhancing care coordination. The changes, if finalized, would also […]
Landmark Recovery is on the fast track to expansion. Despite looming staffing shortages in the behavioral health nursing space, the substance use disorder (SUD) provider is bullish about organic growth. It’s looking to exponentially expand both its geographical footprint and treatment area in the next few years. But, unlike other operators, Landmark CEO and co-founder […]
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