Health Care Service Corporation Adds TMS Coverage for Adolescents as First-Line Treatment

Until recently, adolescents only had two treatment options for depression. Transcranial magnetic stimulation (TMS), approved by the Food and Drug Administration (FDA) for adolescents in March, now represents a safe and effective third option. While TMS is relatively expensive compared to treatment modalities like pharmaceuticals, payers are increasingly covering the service for teens. Health Care […]

‘Nobody Is Going to Fight Getting a Child Treated’: Payers More Open to Covering TMS

Transcranial magnetic stimulation (TMS) is becoming a more viable option for the treatment of depression in youth and adults, providing hope for those with treatment-resistant depression.  Of the roughly 22 million American adults who experienced a major depressive episode in 2023, about 30% have treatment-resistant depression, meaning that multiple medications have failed to alleviate their […]

The 6 Most Interesting Behavioral Health Deals of 2024 — So Far

Dealmaking in the behavioral health space is slow these days — there’s no arguing that. But there are still plenty of lessons to be learned from the deals that have been completed thus far in 2024. With less to look at, there’s more to see. With fewer deals, we can spend more time taking in […]

TMS Provider Neuronetics Acquires Greenbrook, Aims for Profitability in 2025

Neuronetics (Nasdaq: STIM), a provider of transcranial magnetic stimulation (TMS), has acquired competitor Greenbrook TMS. Neuronetics purchased all of Greenbrook’s outstanding common shares in an all-stock transaction. The deal comes months after Greenbrook was delisted from the Nasdaq Stock Market LLC. “Beyond the strategic benefits, we believe this acquisition will help create a more attractive […]