Following a blockbuster year for digital mental health care investment in 2021, the pressure is on to go big and bold. There have already been a few game-changing acquisitions in the space — the earliest and most defining is the merger of Ginger and Headspace, which created a $3 billion company called Headspace Health during […]
Universal Health Services Inc. struggled to staff up its behavioral health business despite being willing to pay a premium as it grapples with the national health care staffing shortage. However, the King of Prussia, Pennsylvania-based acute care and behavioral health company simply can’t find enough workers to fully staff up to meet the demand that […]
Virtual mental health care provider Meru Health has launched a new year-long offering for graduates of its 12-week treatment program for various behavioral health conditions. Meru’s post-graduate offering is an extended one-year program where alumni users can learn to practice new skills for dealing with conditions such as depression and anxiety. “Our company mission is […]
Magellan Healthcare has rolled out a program to help provide behavioral wellness resources to older adults dealing with a number of social determinants of health. Magellan Healthcare is administering the program with DUOS, a virtual platform that provides users with care coordination resources like transportation and medical appointments, as well as locating licensed in-home providers […]
Grant Avenue Capital, LLC, a health care-focused private equity and venture capital firm, has made an investment in the pediatric care market through its portfolio company, H2 Health. H2 Health has purchased Great Strides Rehabilitation, Inc, a Jacksonville, Florida-based provider of youth behavioral health services. Terms of the deal were not disclosed. Serving children and […]
The business of behavioral health continues to boom, as M&A activity is on track to break records yet again in 2021. The dealmaking has also sparked real estate interest into the space, with Colliers International (Nasdaq: CIGI) among the various companies providing brokering and leasing services to operators buying existing properties or opening de novos. […]
A new study released by an American Psychiatric Association publication finds only a slight link between telehealth and good outcomes in the addiction treatment space. In large part, that’s because the potential evidence to consider when comparing in-person treatment to telehealth in addiction treatment is scant. The study was conducted by researchers with RTI International […]
Discovery Behavioral Health opens eating disorder treatment program Discovery Behavioral Health (DBH), a multi-state provider of services across the behavioral health spectrum, has opened an eating disorder treatment program for preteens and adolescents in Enumclaw, Washington. Located north of Seattle, the gender-inclusive program operates under the Center of Discovery brand and treats patients ages 11-17 […]
UHS celebrates “beam-topping” of new JV with Valley Children’s Healthcare Universal Health Services (NYSE: UHS) recently celebrated a milestone “beam topping” event in the construction of its newest hospital, River Vista Behavioral Health in Madera, California. Construction workers successfully placed the final steam beam atop the 81,600-square-foot, 128-bed facility, which is situated in California’s Central […]
United Behavioral Health and United Healthcare Insurance have agreed to pay a total of $15.6 million and take corrective actions to resolve violations of the Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA). The U.S. Department of Labor (DOL) announced the news Thursday following investigations and litigation by the DOL and the New […]
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