The outpatient substance use disorder (SUD) industry has evolved from a landscape of mom-and-pop businesses to a field dominated by sophisticated providers seeking to provide quality care. While the SUD industry has matured over the last decade, it still faces significant roadblocks like stigma surrounding medication-assisted treatment (MAT) and fragmentation. The splintered SUD market offers […]
The federal government now allows any appropriately registered prescribers to use buprenorphine to treat patients with opioid use disorder (OUD) after years of loosening restrictions on the drug. Several behavioral health insiders see the move as having clear benefits for the industry. However, the benefit of deregulating buprenorphine may underwhelm in the short-term and even […]
In 2023, substance use disorder (SUD) executives forecast retaining and recruiting challenges, more modality flexibility, deeper adoption of data and value-based care and shifting regulatory frameworks. Behavioral Health Business reached out to top executives in the substance use disorder space to get their insights on two key questions — What will be the defining market […]
Behavioral health providers largely opt to lease real estate instead of buying it in order to maximize capital going into operations. That’s where investors often say they can get the most return for their investment, and where providers say they can best address patient needs. This happens to such a degree that the behavioral health […]
Spero Health has bought fellow outpatient addiction provider My Turning Point in its first acquisition. The new acquisition will give the Brentwood, Tennessee-headquartered provider four new outpatient addiction treatment program locations in Kentucky. This comes as Spero Health continues its ambitious growth plan heading into the final stretch of 2022. Financial terms of the My […]
Addiction treatment provider Spero Health has plans to grow at breakneck speed. This year, the Brentwood, Tennessee-based provider will open 24 new clinics. And it will open at least 24 additional clinics next year – if not more, according to Spero CEO Steve Priest. The provider has big plans to expand into new states, services […]
Inadequate and mismatched business systems and cautious — if not drawn-out — negotiations impede the rapid adoption of value-based care in the substance use disorder (SUD) treatment space. Part of the challenge comes from a lack of consensus in the marketplace about what the high-level practices of value-based care should look like. But even when […]
Some outpatient behavioral health companies are continuing with bold de novo growth strategies even while telehealth continues to have a major impact on the sector. Telehealth has swiftly taken over many aspects of outpatient visits in the behavioral health industry in just three years. Multiple studies and reviews show that telehealth has had and continues […]
Spero Health opens doors to two new locations Substance use disorder (SUD) treatment provider Spero Health has expanded its footprint with two new locations in Ohio and Virginia. Spero’s Ohio clinic is located in Akron, in the eastern part of the city, and offers in-person and telehealth services. The clinic accepts most commercial insurances as […]
Oceans Healthcare breaks ground on new hospital Oceans Healthcare is breaking ground on a new behavioral health hospital in Lubbock, Texas that is scheduled to open next fall. Oceans Behavioral Hospital Lubbock — which will provide inpatient and intensive outpatient treatment for adults and seniors — will house 32 beds and employ a staff of […]
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