Value-based care in behavioral health is confusing. All the jargon makes it seem like everyone is speaking a different language. A value-based care arrangement can mean many things, including full-risk, pay-for-performance, or even shared savings. But the biggest obstacle to a value-based care future is the lack of national standards. To complicate matters, these conversations […]
Lifestance
This is an exclusive BHB+ story Value-based care has been the great white whale of behavioral health for nearly a decade. Yet there has been very little movement in the space. The vast majority of behavioral health providers rely on fee-for-service models of care. In a recent Behavioral Health Business survey, 65% of respondents reported […]
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 […]
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 […]
The allure of being a one-stop-shop for health services is waning for behavioral providers. Instead, we are seeing the rise of partnerships to help with referral pathways and provide specialty care. While there is a drive for more integrated services with a holistic approach, many providers are recognizing their limitations, particularly in the digital space. […]
After closing more than 80 centers over the last year, LifeStance (Nasdaq: LFST) is taking a measured approach to growth. The outpatient mental health provider plans to open no more than 10 de novo facilities by the end of the year. That estimate is down from its initial expectation of opening no more than 20 […]
All was relatively quiet on the behavioral health front for publicly traded companies in Q1, reflecting the typically sleepy nature of the first quarter for those seeking to wrap up old initiatives and start new ones. Don’t get me wrong: It’s not like nothing happened or there isn’t anything worth pondering. Quite the opposite, in […]
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 […]