New Reimbursement Codes Are ‘Massive Step in the Right Direction’ for Behavioral Health PDTs

Prescription digital therapeutics providers (PDTs) have been pushing for recognition and acceptance in the health care sector for years. That effort got a major boost thanks to a seemingly minor administrative move from the federal government. In February, the Centers for Medicare & Medicaid Services (CMS) announced the creation of a new reimbursement code for […]

Transactions: Caravel’s Latest Acquisition; Helios Helps Recapitalize 32-Facility Behavioral Portfolio

Caravel deepens Wisconsin footprint with acquisition Caravel Autism Health is expanding services in its home state of Wisconsin with the purchase of the Center for Autism Treatment, which is based in the Milwaukee suburb of Mequon. Terms of the deal were not released. Overall, Caravel operates more than 40 centers across Wisconsin, Idaho, Illinois, Iowa, […]