The 40 Fastest-Growing Behavioral Health Companies in 2024

Outpatient mental health providers made up the bulk of behavioral health companies that appeared on this year’s Inc. 5000, a list of the nation’s fastest-growing companies. Of the 40 companies that Behavioral Health Business identified, 24 exclusively focused on providing mental health services in various formats and with a wide variety of specializations. Two other […]

Acadia Healthcare Adds to C-Suite; Bicycle Nabs One Medical Vet for COO Role

Acadia Healthcare Co. Inc. names new C-suite member Franklin, Tennessee-based Acadia Healthcare Co. Inc. (Nasdaq: ACHC) named Judith Scimone its chief human resources officer. She will report to company CEO Chris Hunter. In her new role, she is tasked with developing and advancing Acadia Healthcare’s people strategy and helping it become the “premier employer of […]

Mental Health Executive Outlook: Why Patients, Providers and Payers Are Demanding More in 2023

Economic uncertainty heading into 2023 will drive several existing trends that orbit around the topic of value-based care. In turn, economic pressure and increased focus on value will demand that mental health providers sharpen their proverbial pencils. The prognostications below come from executives of some of the largest incumbent companies and growing startups in the […]

How Community, Infrastructure Supercharge Growth for Behavioral Health Companies

Community and partnerships are key to many of the fastest-growing behavioral health companies in the U.S. Four of the burgeoning mental health companies, as identified by the Inc. 5000, have seen growth that’s typically the purview of young startups and tech companies. These companies have taken advantage of the massive supply-demand imbalance present nationally and […]

Ellie Mental Health Leans on Franchise-Based Model to Grow Revenue 544%

Ellie Mental Health PLLP became one of the fastest-growing mental health companies in the U.S. by coupling a customer and clinician experience-focused approach to care with a franchising business. The Mendota Heights, Minnesota- based company, founded in 2015, grew revenue by 544% from 2018 to 2021, according to the Inc. 5000 list, where it ranked […]

Ellie Mental Health to Accelerate Clinic, Franchise Expansion with Princeton Equity Group Investment

Dallas-based franchisor and multi-unit investor Princeton Equity Group invested an undisclosed amount into Ellie Mental Health. Mendota Heights, Minnesota-based Ellie Mental Health will use the investment to accelerate its growth of owned and franchised outpatient mental health clinics, a news release states. A representative of Ellie Mental Health has not yet responded to additional questions […]