Regulatory ambiguity and payer pushback have clouded behavioral health dealmaking over the last year, but investors at last week’s INVEST conference in Nashville are finding opportunities in the uncertainty. At the beginning of 2025, behavioral health investors and providers were optimistic. Many anticipated that the Trump administration’s regulatory approach would create favorable conditions for dealmaking. […]
Addiction treatment providers Advanced Recovery Systems and Pyramid Healthcare are reportedly preparing for a sale. Both providers are focused on the substance use disorder industry and are private equity-backed. According to reports from Axios, Advanced Recovery Systems, an addiction treatment provider that operates in nine states, is currently up for auction. The Goldman Sachs-backed company is […]
This is an exclusive BHB+ story The uncertain but potentially dramatic Medicaid reforms looming over the addiction treatment industry have sucked up all the oxygen in the room. Such a development illustrates the prominence, power and potentially complicating influence of federal reforms. Still, such reforms don’t happen in a vacuum and will have a major […]
The entanglement of politics and regulation requires behavioral health providers to bolster advocacy efforts more than ever. At the state and federal level, the industry faces a potent mix of increased scrutiny on health care dealmaking — especially the involvement of private equity investment — and historic public underinvestment. These forces pose potential threats to […]
People with substance use disorders (SUDs) are more likely to have co-occurring disorders, including mental health conditions and physical illnesses. With that in mind, residential SUD treatment providers are stepping up to offer more comprehensive treatment. Operators are weaving services like psychiatry and eating disorder treatment into residential offerings to provide the necessary breadth of […]
Pyramid Healthcare will undergo its first CEO change in its 25-year history at the beginning of 2024. Jonathan Wolf, who founded the company in 1999, will step into a board chair and advisory role. Jason Hendricks, the chief operating officer of Pyramid Healthcare, will succeed him. Sarah Deutchman, the company’s senior vice president of operations, […]
Opened Pyramid Healthcare opens second Georgia facility Pyramid Family Behavioral Healthcare has opened a new center in the Atlanta suburb of Sandy Springs, Georgia. The program provides intensive outpatient and partial hospitalization treatment services to adults and adolescents. Pyramid Family Behavioral Healthcare also offers treatment services in a second Atlanta suburb in Johns Creek. Its […]
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