Electronic health records (EHRs) are often viewed as the building blocks for modernizing health care. Still, many behavioral health providers are just beginning the process of going digital. Only 63% of providers have a behavioral health-specific EHR platform in place, according to a survey conducted by Behavioral Health Business. Laura Groschen, Acadia Healthcare’s (NASDAQ: ACHC) […]
Ranking member of the Senate Finance Subcommittee on Health Care, Sen. Maggie Hassan (D-NH), is heading an information probe into the practices and patient outcomes of major for-profit methadone clinics: BayMark, Acadia and New Season. Opioid treatment programs (OTPs) are a major focus of the inquiry. While they are a primary source of methadone initiation […]
This is an exclusive BHB+ story From M&A pursuits to payer strategy pivots to serving new patient populations, several behavioral health companies are on Behavioral Health Business’ radar as ones to watch for the second half of the year. 2025 is off to a strong start with 61 mergers and acquisitions in the first half […]
Chris Hunter, CEO of Acadia Healthcare Co. (Nasdaq: ACHC), struck an optimistic tone Wednesday as the company stares down a wave of reforms to Medicaid, which accounts for about 60% of Acadia’s revenue. Hunter noted on the company’s second-quarter earnings call that there will be a several-years-long wind-up to the implementation of the many looming […]
A majority of behavioral health providers are using outdated and disjointed electronic health record (EHR) and care coordination systems – and they know it. That’s one of the clearest takeaways from a new Behavioral Health Business research initiative, which found that nearly 85% of respondents rely on multiple systems or platforms that are either partially […]
A united front of leaders from Acadia Healthcare (Nasdaq: ACHC) and Geisinger Health System are pressing for the annulment of Medicare’s longstanding 190-day lifetime coverage cap for inpatient psychiatric treatment. Acadia Chief Strategy Officer Andrew Lynch, CEO Chris Hunter and Chief Medical Officer Stephanie Eken, as well as Imad Melhem, chair of psychiatry and behavioral […]
For five quarters in a row, Acadia Healthcare (Nasdaq: ACHC) has seen a decline in specialty revenue, contributing to a broader deceleration trend for the company. This has been largely driven by facility closures, including the shuttering of its Timberline Knolls facility back in January following abuse allegations. At the same time, there has been […]
More allegations of abuse and misconduct at an Acadia Healthcare (Nasdaq: ACHC) facility have surfaced in an investigation by The New York Times, which reports alleged instances of patient suicide and rape. The latest report comes just two months after Acadia Healthcare, one of the nation’s largest behavioral health providers, shuttered its troubled Timberline Knolls […]
Value-based care in behavioral health is confusing. All the jargon makes it seem like everyone is speaking a different language. A value-based care arrangement can mean many things, including full-risk, pay-for-performance, or even shared savings. But the biggest obstacle to a value-based care future is the lack of national standards. To complicate matters, these conversations […]
Acadia Healthcare (Nasdaq: ACHC) reported diminished earnings and revenue growth in 2024. During Friday’s Q4 earnings call, company executives said they expect to see its growth efforts pay off in 2026. In 2022, CEO Chris Hunter vowed to double Acadia Healthcare’s revenue by 2028. The markets did not respond well to the news of the […]
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