This is an exclusive BHB+ story Interest in establishing new intensive outpatient programs (IOPs) to fill the gap between the therapist’s office and facility-based care has never been higher. But for all of the clinical and strategic benefits that come with increasing intermediate levels of care, it also comes with a key, if not somewhat […]
After years of stagnation, behavioral health providers are actively seeking growth opportunities and finally warming up to more M&A. The uptick in deal flow is evident in even the first month of the year. Behavioral health platform company Oceans Healthcare announced the purchase of Haven Behavioral Healthcare in early January, and Iris Telehealth closed a […]
For years, partial hospitalization (PHP) and intensive outpatient programs (IOP) occupied a cloudy middle ground in behavioral health. The treatments, where patients mostly live at home but spend several hours a week in acute care, existed somewhere in between once-a-week therapy appointments and residential treatment. That has changed, say PHP and IOP providers, who report […]
Once sidelined as a digital-only contender, venture capital is becoming a more mature player in the behavioral health arena. And the numbers are starting to tell the tale. In the first quarter of the year, venture capital firms invested $350 million in the behavioral health sector, according to M&A advisory firm Mertz Taggart. Similar quarterly […]
After a rocky 2023, mental health providers are considering new approaches to growth and sustainability. In the wake of the bursting venture funding bubble and cooling M&A market, providers are taking stock of their assets and looking for new revenue generation. Some providers have opted for new partnership opportunities with public entities, such as state […]
GV, formerly Google Ventures, and Triple Aim have invested in a new behavioral health provider, Guidelight, focused on intermediate levels of care. The newly launched startup offers intensive outpatient programs (IOPs) and partial hospitalization programs (PHPs). IOPs and PHPs provide a step up from traditional outpatient behavioral health offerings and a step down from inpatient […]
A new mental health company named Guidelight Health has landed $16.35 million in funding, according to an SEC filing. The startup offers partial hospitalization (PHP) and intensive outpatient programs (IOPs) to adolescents and adults. Patients can access these programs either in-person or virtually. PHPs and IOPs provide an intermediate care alternative to traditional inpatient and […]
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