This is an exclusive BHB+ story Behavioral health providers are looking to expand their geographic reach, add artificial intelligence and technology solutions, and hone in on personnel and payer relationships with their 2026 budgets, despite funding and reimbursement uncertainties. Those trends are consistent across mental health, substance use treatment and autism therapy providers. Following a […]
Behavioral health clinical leader takes CEO role at Magellan Health Magellan Health, a part of Centene Corp. (NYSE: CNC), has appointed Dr. Caroline Carney as its new CEO, succeeding Derrick Duke. Carney joined Magellan Health in 2016, took on the chief medical officer role in 2020 and was named president of behavioral health in 2022. […]
Bradford Health Services has acquired three facilities and supporting assets to bolster its foothold in Texas. The addiction treatment provider announced Wednesday that it had acquired Last Resort Recovery Center, Crestone Wellness, and The Chapter House from a trust controlled by Bill and Ann Schneider, long-time investors and operators in the addiction treatment space. Cumulatively, […]
On March 11, two addiction treatment projects came before the Alabama Statewide Health Coordinating Council. One was approved, the other denied. Apart from their interest in expanding access to residential treatment facilities, each had something else in common. Both faced pushback on their proposed projects based on state-defined limits on how many treatment beds are […]
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 […]
Macroeconomic factors, including interest rates and inflation, are beginning to improve, creating tailwinds for the substance use disorder (SUD) treatment industry. Lingering impacts of now-improving economic turbulence will continue to affect the industry, however. In turn, investors have had to become more disciplined, industry experts said at the Behavioral Health Business INVEST conference. Operators, meanwhile, […]
Bradford Health Services has acquired Lakeview Health, an addiction treatment provider that also offers other niche services. The deal comes less than a year after Bradford Health Services’ last acquisition and about five months since announcing a new CEO. Financial terms of the transaction were not disclosed. The private equity-based, national addiction treatment provider operates […]
The substance use disorder (SUD) treatment industry has experienced significant challenges and breakthroughs in 2024, but a handful of providers are emerging as ones to watch in the coming year. The SUD dealmaking space has stayed stale thus far in 2024. While deals once flowed freely, only 10 closed in the first half of the […]
Bradford Health Services’ newly minted CEO, Rob Marsh, is no stranger to the behavioral health industry. Before coming to the substance use provider, Marsh spent the last two and a half years at the helm of 360 Behavioral Health, one of the largest autism providers in the country. His resume also includes stints at some […]
Addiction treatment provider Bradford Health has tapped Robert Marsh to lead the company as CEO. Before joining Bradford, Marsh was the CEO of autism service provider 360 Behavioral Health. His resume also includes tenure at Kindred Healthcare and Acadia Healthcare. “I’m honored to join the Bradford team and contribute to its mission of providing high-quality […]
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