How an organization handles its addiction treatment real estate will dictate its direction — now and in the future. Real estate makes up both the literal and proverbial foundation of an addiction treatment organization. With continued innovation in care models and increased use of telehealth, the age-old issue of real estate finds new relevance. “A […]
Dallas-based addiction treatment provider Behavioral Health Group has announced that its long-time CEO is stepping away from the role. On June 25, now-former CEO Jay Higham announced his departure on LinkedIn, specifying that it was effective June 6. Behavioral Health Group also said online that the new CEO is Anthony Kilgore. Kilgore previously served as […]
Bradford Health Services Announces New $25M, 100-Bed Facility A Bradford Health Services-owned behavioral health and substance use disorder (SUD) treatment provider has broken ground on a new facility in Southaven, Mississippi. Woodland Recovery Center, also based in Southaven, announced its plans for a $25 million new facility at the end of January. Bradford Health Services […]
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 […]
As fentanyl proliferates the illicit drug market and opioid-related overdoses surge, access to the life-saving medication methadone is more critical than ever. Efforts to increase access to take-home methadone have paid off, and the Substance Abuse and Mental Health Services Administration (SAMHSA) cemented COVID-era flexibilities earlier this year. For substance use disorder (SUD) treatment providers […]
Value-based care has been part of the health care discourse for decades. But behavioral health providers have only recently placed a new emphasis on breaking away from the fee-for-service paradigm. While still nascent in practice across the industry, several behavioral health organizations are seeking to introduce models that feature elements of risk sharing, trading outcomes […]
The Substance Abuse and Mental Health Services Administration (SAMHSA) has finalized an overhaul of opioid treatment programs (OTPs) that enshrines many flexibilities first implemented during the crisis response to the COVID pandemic. The final rule represents the first significant change to OTP regulations in over 20 years. In brief, the final rule intends to enable […]
Behavioral health business activity was on fire for another year in 2021, helped largely by a high demand for services among the public that shows no signs of abating any time soon. Transactions for behavioral health providers kicked off the year strong, with 35 deals registered in the first quarter (Q1) of 2021, according to […]
Talkiatry fills leadership roles with new hires Virtual behavioral health provider Talkiatry has added to its leadership team with two new hires. Adam Bunke joins New York-based Talkiatry as its head of design. Bunke comes to the company from Philips, where he was a design director and creative strategist for the global conglomerate. Bunke has […]
Dallas-based Behavioral Health Group continues its growth streak with the acquisition of Boise, Idaho-based Center for Behavioral Health. The deal expands Behavioral Health Group’s footprint into five new states. It now operates 116 facilities and two labs in 23 states. Center for Behavioral Health operates 20 treatment centers in Arizona, Idaho, Indiana, Iowa, Kentucky, Louisiana, […]
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