Ten behavioral health founders have been featured on the 2025 Inc. Female Founder 500 list. The list seeks to be the “definitive list of women entrepreneurs making significant waves in business,” Diana Ransom, executive editor of Inc. Magazine, said in an article explaining the methodology for establishing the list. Those featured on the list lead […]
While matching patients with clinicians of similar backgrounds improves outcomes and care satisfaction, staffing constraints often make this challenging. Many providers have turned to practicing culturally responsive care as one way to improve connections between patients and providers who do not necessarily share lived experiences. Mental health providers use the practice to apply behavioral health […]
Employers are increasingly seeking out behavioral health benefits to improve employee care and save on long-term health costs. Providers have, in turn, stepped up to expand employer offerings. These employer offerings have meaningful returns, according to new research published in JAMA Network Open. Researchers found that employers saved $190 in overall medical claims cost for […]
2024 was a year of slow progression for the behavioral health industry as it moved towards the new normal after multiple years of disruption brought on by the COVID-19 pandemic. Conversations about value-based care continued to dominate the space. However, most providers remained dependent on the traditional fee-for-service model. M&A in behavioral health was sluggish […]
After a relatively quiet 2024, executives expect to see some changes in the behavioral health industry next year. For starters, M&A, which was relatively slow in 2024, is set to pick up as a new administration that many have dubbed more “business friendly” takes the reins. While this consolidation will likely look different from the […]
Lack of behavioral health parity has extreme consequences for patients. The inability to find in-network care for these services requires patients without the means to pay for health care out of pocket to forgo care or make “really tough life decisions.” “We’ve [heard] stories of members having to lose their homes because they have to […]
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 […]
Outpatient mental health providers made up the bulk of behavioral health companies that appeared on this year’s Inc. 5000, a list of the nation’s fastest-growing companies. Of the 40 companies that Behavioral Health Business identified, 24 exclusively focused on providing mental health services in various formats and with a wide variety of specializations. Two other […]
New York City-based digital mental health provider Spring Health has secured $100 million in funding on a $3.3 billion valuation, the company said Wednesday. This comes on the heels of another eye-popping funding round. The company raised a $71 million Series D round (on a $2.5 billion valuation) in April 2023. Wednesday’s $100 million Series […]
Mental health provider Spring Health named Arielle Mortimer its new chief operating officer. Mortimer is an operations veteran who most recently held the COO role at Heyday, a skincare company. She previously worked as senior vice president of operations at Kindbody, a women’s wellness company that offers services including IVF, egg freezing, gynecology and fertility […]
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