When Peter Loeb co-founded Lionrock Recovery in 2010, the business of treating substance use disorders (SUDs) was very different. SUDs were stigmatized as taboo addictions, drug laws were stricter and models like Lion Rock charging clients for telehealth visits had not started. At the same time, there were fewer acute problems around SUDs – the […]
The substance use disorder (SUD) industry has dramatically changed in recent years, adjusting to new technology, regulations and medications. The SUD platform of the future will take into account trends with payers and technology, industry insiders told Addiction Treatment Business, and continually re-educate itself on the best treatment modalities. Still, future-proofing SUD providers must keep […]
In recent years, substance use disorder (SUD) treatment programs have become shorter and outpatient treatment program options have become more popular. Residential inpatient treatment programs, often more expensive than outpatient options, may be going out of vogue among payers and investors. Still, patients will always need an option for residential care, industry insiders told Addiction […]
The number of U.S. fatal drug overdoses has more than doubled in the past eight years, with about 110,000 such deaths in 2022, according to the National Institutes of Health. The leading cause of death, by far, is fentanyl, which has gone from prescription pain reliever to a synthetic opioid furtively smuggled into the country, […]
Despite the strong growth potential in the substance use disorder (SUD) treatment space, providers faced stiff headwinds in 2023, including rising patient acuity, access obstacles and shifting regulatory frameworks. Some of these challenges will continue to present problems for SUD treatment providers in 2024, but the new year will also bring significant opportunities, industry insiders […]
After a months-long national search, addiction treatment provider Caron Treatment Centers has announced John Driscoll as its new president and CEO. The Wernersville, Pennsylvania-based nonprofit’s previous CEO, Bradley Sorte, stepped down in February. Since then, Caron Chief Operating Officer Kristine Bashore and Chief Clinical Officer David Rotenberg have served as interim co-CEOs. “I’ll also be […]
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 […]
It’s no secret staff turnover is expensive for behavioral health providers. And finding new clinicians is no easy task. Many providers are using innovative solutions to combat these issues, including training and licensing initiatives, flexible work hours, and promoting from within. The stakes are high for behavioral health providers to retain good employees. The cost […]
Substance use disorder provider Caron Treatment Centers is looking to offer more step-down services for its patients by adding a new partial hospitalization program (PHP) to its flagship campus. Founded 65 years ago, the Wernersville, Pennsylvania-based organization cares for patients with substance use disorders. It operates in Pennsylvania, Florida, Washington D.C., Georgia and New York. […]
For 30 years, we’ve been chasing a panacea for mental health, trying to find the right prescription or the right mix of medications as a substitute for comprehensive treatment. More and more, doctors prescribe medication alone, even though such medications should be supported by counseling. The lack of qualified therapists is compounded by insurance companies […]
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