One of the largest substance use disorder (SUD) treatment providers in the U.S. announced patients’ records were exposed during a data breach last fall. BayMark Health Services, which treats over 70,000 patients daily, announced on Friday that an “unauthorized party” disrupted the company’s IT systems and accessed files containing patients’ personal and medical data. The […]
Companies that treat opioid use disorder could commend themselves last month when the federal government reported overdose deaths were down nearly 11% for the first eight months of 2024, marking the second-straight year of decline. “It’s fantastic news,” Jason Kletter, president of BayMark Health Services, told Addiction Treatment Business. “It’s something to celebrate.” But the […]
Certain sectors of behavioral health care are still “growing up.” For example, some industry insiders have said the autism therapy industry is in its toddler phase. The SUD industry, meanwhile, is working to shed some of the associations of its youth and enter a more adult era of addiction treatment. Some providers are modernizing their […]
Dealmaking in the behavioral health space has been slower in recent years. However, a handful of notable companies could be changing hands in the not-so-distant future. Based on data from the first quarter, it appears behavioral health dealmaking is stuck at lower volumes than pre-pandemic levels. As we prepare for new batches of M&A data […]
Understanding that substance use disorders (SUDs) are diseases of the brain, rather than moral failings, is critical to getting more people in treatment. That’s according to Caron Treatment CEO John Driscoll, who noted education about the conditions helps families heal and provides a business opportunity for providers to grow. People with SUDs often do not […]
A small portion of Americans who have alcohol use disorder (AUD) get potentially lifesaving and effective treatment. Patients and providers alike overlook medication-assisted treatment (MAT) for AUD due to rather potent market forces. Unlike most substances for which people seek treatment, huge sectors of American society and the economy encourage the consumption of alcohol. Spirits […]
BayMark Health Services, one of the country’s largest substance use disorder (SUD) providers, has named Marshal Salomon its next CEO. Salomon joins the organization after serving as CEO of gastroenterology and urology practice management company Unio Health Partners. His resume also includes stints as CEO of The Oncology Institute and InterDent Service Corporation. “We’re confident […]
Patients receiving medication-assisted treatment (MAT) combined with counseling for opioid use disorder (OUD) see significant improvements – not only in drug-use reduction, but also in mental health, legal issues and interpersonal relationships. That’s according to a new white paper from Baymark Health Services, which found that illicit drug use decreases by 65% over the first […]
The federal government gave the behavioral health industry a behind-the-scenes look at its strategic priorities for the coming years earlier this month. Those priorities, outlined by the Substance Abuse and Mental Health Services Administration (SAMHSA), include a push to better integrate behavioral health care into physical health care — and the other way around. Other […]
Within the behavioral health sector, it has been a bumpy 12 months for autism treatment providers. But it’s turning out to be somewhat of a tumultuous year for those in the substance use disorder (SUD) space as well. SUD dealmaking fell below pre-pandemic levels in Q1, according to a recent report by M&A advisory firm […]
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