Acadia Healthcare Adds to C-Suite; Bicycle Nabs One Medical Vet for COO Role

Acadia Healthcare Co. Inc. names new C-suite member Franklin, Tennessee-based Acadia Healthcare Co. Inc. (Nasdaq: ACHC) named Judith Scimone its chief human resources officer. She will report to company CEO Chris Hunter. In her new role, she is tasked with developing and advancing Acadia Healthcare’s people strategy and helping it become the “premier employer of […]

Mental Health Provider The Collective Hauls in $11M

Denver-based The Collective Integrated Behavioral Health raised $11 million, the firm’s second funding round in as many years. The hybrid outpatient behavioral health provider is expanding beyond its home state of Colorado. Evan Lengerich, co-founder and CEO, told Behavioral Health Business in October it had acquired a practice in New York City’s Union Square. The […]

Why More Behavioral Health Operators Opt to Lease Instead of Own

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 […]