This is an exclusive BHB+ story The days of Post-Traumatic Stress Disorder (PTSD) being affiliated primarily with veterans are long gone. More Americans – particularly college-age individuals – are receiving the diagnosis, driving up demand for services. Though providers have seen an increase in PTSD diagnoses across all patient populations. “Even though we have traditionally […]
LifeStance Health (Nasdaq: LFST) has and will continue to see its administrative expenses remain relatively high as it invests in initiatives and systems, previously deprioritized during its rapid expansion through a flurry of mergers and acquisitions, which enabled it to become one of the largest providers of outpatient mental health services in the U.S. Top […]
There is an eagerness across the behavioral health industry to transition from fee-for-service into value-based contracts. But, at times, this urgency can actually be a hindrance instead of a help, industry insiders recently explained at the Behavioral Health Business VALUE conference. Crafting value-based care infrastructure, understanding how and what to measure and defining the mechanisms […]
Guidelight Health promotes chief operating officer to lead as CEO Guidelight has tapped Stephen Bewley as its new CEO. Bewley initially joined Guidelight Health in February as chief operating officer. He will replace Andrew Hayek, who served as the company’s interim CEO. Before joining Guidelight, Bewley served as the chief operating officer at InStride Health, […]
LifeStance Health Group (Nasdaq: LFST) is considering a disciplined approach to mergers and acquisitions for the remainder of 2025. Company leadership hinted at more tuck-in deals to expand its footprint in new markets. Other deal activity could involve acquisitions related to digital therapeutics or specialty services, according to LifeStance CEO Dave Bourdon. He noted during […]
Dr. Melanie Barrett, Psychiatrist at LifeStance Health, has been named a 2024 Frontline Honors honoree by Behavioral Health Business. To become a Frontline honoree, an individual is nominated by their peers. The candidate must be: Behavioral Health Business recently caught up with Barrett to discuss their time in the behavioral health industry. BHB: What drew […]
LifeStance (Nasdaq: LFST) has tapped Dave Bourdon, its chief financial officer, to lead the company as CEO. The leadership change comes as the outpatient mental health provider signals plans to accelerate its merger and acquisition strategy and achieve profitability by 2026. The company’s outgoing CEO, Ken Burdick, will now move to the role of executive […]
Over the last few months, we’ve watched Optum pull back on behavioral health funding on multiple fronts. While substantive to the specific sectors impacted, it signals that previous worries about payers cutting back on behavioral health reimbursements are warranted. In short, that’s bad news. But it’s not unexpected. Why is that? Because payers are largely […]
LifeStance Health (Nasdaq: LFST) is overhauling its facilities with a new operating model — one that it hopes will strengthen its position ahead of what executives expect to be a rocky 2025. The outpatient mental health giant’s executives project that federal reimbursement rate cuts will challenge the company’s financial progress. LifeStance is banking on momentum […]
Behavioral health has had a series of small but laudable wins in the last few weeks. The Biden administration finalized new parity rules. Drug overdose deaths are on the decline. The Federal Reserve cut interest rates. And Fed observers are predicting additional rate cuts, too. Be still my nerdy behavioral health industry-observer heart: That’s quite […]
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