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 […]
Private equity firm Regal Healthcare Capital Partners invested $50 million into mental health provider Lightfully Behavioral Health, according to an Axios report. The $50 million is a culmination of a previous $30 million that Regal Healthcare Capital Partners invested in 2021 and a fresh $20 million. Thousand Oaks, California-based Lightfully provides mental health treatment in […]
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 […]
Lightfully Behavioral Health’s scale-up effort now includes expanding its virtual intensive outpatient program (IOP) to college students nationwide. The fledgling IOP stands among a small group of virtual behavioral health companies taking on intensive services — and an even smaller handful of companies targeting the collegiate population. Mental health services offered by colleges are not […]
Behavioral health providers in California will have to grapple with a new health care minimum wage signed into law three months ago. However, there are several looming questions, not the least of which is when exactly the law will make its impact felt. Additionally, it paves a fresh path for addressing the systemic problems in […]
Lightfully Behavioral Health is bucking the trend of entrepreneurs in health care going all-in on digital. The Thousand Oaks, California-based company has launched a five-year plan to open 30 outpatient mental health facilities in California, Colorado and Washington. The company revealed Monday that it had acquired two facilities by acquiring Resilience Treatment Center in West […]
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