The longtime CEO of Discovery Behavioral Health, John Peloquin, has retired and been replaced by Tom Britton, an executive who has held a handful of roles in the behavioral health industry over the last few years. The Irvine, California-based mental health and addiction treatment provider was formed in 2018 following the merger of Webster Equity […]
This is an exclusive BHB+ story Once unheard of at scale, in-home health and telehealth have now become a new normal for many care modalities. As scale widens and scope deepens among these delivery models in the mental health space, could it change the way addiction treatment is practiced for good? Some experts think so. […]
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 […]
Discovery Behavioral Health has consolidated or closed around 14 to 16 locations as part of a retooling of the company in the face of severe market pressures. The provider plans to deemphasize its focus on legacy residential care and double down on its “consumer-direct approach,” Discovery Behavioral Health CEO John Peloquin told Behavioral Health Business. […]
After a tumultuous 2023, 2024 may be a steadier year for the behavioral health industry. While behavioral health deals slipped in 2023, Behavioral Health Business expects M&A to pick up this year as interest rates fall and the economy stabilizes. Still, the M&A craze of 2021 is unlikely, and mega deals will be scarce. This […]
Behavioral health giants Odyssey Behavioral Health and Discovery Behavioral Health, both private equity-backed diversified companies, are scaling back their eating disorder treatment locations. These closures come at a time when other PE-backed behavioral health providers, at least on the surface, appear to be navigating the treacherous waters of the highly-specialized eating disorder treatment space. The […]
Growth in the behavioral health industry may look very different in 2024 than it has over the past few boom years. Gone are the days of growth for growth’s sake. Today, providers are prioritizing targeted de novo gains and keeping their balance sheets cash-flow positive. Industry headwinds, including high rates and ongoing labor shortages, have […]
Between 40% and 60% of people with substance use disorder (SUD) relapse after detox and rehabilitation. Providers are eyeing artificial intelligence (AI) as a key to help improve that statistic. The technology, which is not without its risks, has already been used for years in behavioral health treatment. In the SUD field, machine-learning tech is […]
The behavioral health industry is going through a period of transformation. The demand for services is higher than ever, and payers and providers are looking to incorporate value-based care into their model. As one of the country’s largest mental health and SUD operators, Discovery Behavioral Health will help set the stage for the industry’s future. […]
Behavioral health providers continue to face headaches while trying to get new facilities through local zoning processes. The American drug overdose crisis and the wide-reaching impacts of a once-in-a-generation pandemic have shredded the pretense that any given community doesn’t need behavioral health care. Despite this reality, prejudice against those with behavioral health issues, especially substance […]
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