This is an exclusive BHB+ story A rash of brutally negative press for some of the nation’s largest behavioral health providers may encourage the primarily nonprofit American hospital sector to look for potential partners that look like them — in other words, to be nonprofits. According to a handful of interviews and networking conversations I’ve […]
The federal government gave the behavioral health industry a behind-the-scenes look at its strategic priorities for the coming years earlier this month. Those priorities, outlined by the Substance Abuse and Mental Health Services Administration (SAMHSA), include a push to better integrate behavioral health care into physical health care — and the other way around. Other […]
Urgent behavioral health care providers seek to build a market and regulatory framework that is still in its genesis. The fledgling segment of the behavioral health space presently lacks national acceptance at the regulatory level. And while a new mode of care will take some time for consumers to adopt, it fills several vital needs […]
Legacy nonprofit behavioral health provider Sheppard Pratt is a veteran of value-based care contracting. The Baltimore-based organization, which offers everything from inpatient services to special education schools, got into value-based care contracting roughly 25 years ago when the state of Maryland approached the provider. The state acknowledged that it struggled to care for a specific […]
The top revenue-generating psychiatric hospitals have seen revenue increase over the last three years, reflecting a growing need and opportunity for intensive behavioral health services. According to Definitive Healthcare Corp.’s (Nasdaq: DH) proprietary data, the 11 highest revenue-generating psychiatric hospitals have seen an 18.5% increase, on average, in annual net patient revenue (NPR). Cumulatively, these […]
Nonprofit behavioral health provider Sheppard Pratt and private equity firm Concord Health Partners have stepped up their years-long partnership focused on solving major behavioral health industry challenges. The two organizations seek to bring legacy nonprofit knowledge and PE investment savvy together in a new behavioral health-focused innovation and investment fund. The partnership will focus on […]
The year 2021 was defined by the many struggles that organizations had largely foisted on them directly or indirectly by the ups and downs of the coronavirus pandemic. But many providers learned how to adapt to the new normal and began to tackle the even bigger challenges that a changing industry leveled on behavioral health […]
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