Why the Payvider Model Is Growing in Behavioral Health

This is an exclusive BHB+ article For years, payers and providers stood on opposite sides of the aisle — one providing care and advocating for services, the other paying for that care while demanding proof of outcomes. But I have seen that as integrated care has grown in popularity, so too has the concept of […]

Reclassification of Counseling, Social Work Degrees Adds Pressure to Behavioral Health Shortages

This is an exclusive BHB+ story Social work and some counseling degrees may no longer be classified as “professional” programs under a proposed change by the Department of Education, which would limit loan amounts and access for graduate students pursuing these fields. Loan amounts would be reduced to $20,500 per year and capped at $100,000 […]

How Policy Shifts, Payer Pressures and Innovation Are Disrupting Behavioral Health M&A

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. […]

Behavioral Health Focus Shifts to Provider Quality as Medicaid Faces Uncertainty

Behavioral health dealmaking has risen steadily in 2025, falling short of the blockbuster year analysts had predicted. That tempered growth reflects two primary factors: uncertainty in the Medicaid market, one of the top payers in the behavioral health space, and the continued pressures of high interest rates and wage inflation. Over the summer, Congress approved […]

Medicare Claims Freeze and Telehealth Limits Have Providers ‘Sitting Here in Limbo’

Behavioral health services were mostly exempt from the pre-pandemic telehealth limitations that kicked in for Medicare recipients when the federal government shutdown began 15 days ago. Yet, a newly announced freeze on claims dated Oct. 1 and beyond will pause reimbursement for providers in the mental health and substance use disorder (SUD) space. “In the […]

Few Psychologists Can Prescribe in the US — But That’s Starting to Change

This is an exclusive BHB+ story A small but lively movement in state legislatures may add a new player to the mental health prescriber team. Several states have recently considered giving specialized psychologists the authority to prescribe and manage patients treated with mental health-related medications. Last year, Utah became the seventh state to create such […]

Rethinking PTSD Care Models as Demand for Services Grows

This is an exclusive BHB+ story The days of Post-Traumatic Stress Disorder (PTSD) being affiliated primarily with veterans are long gone. More Americans – particularly college-age individuals – are receiving the diagnosis, driving up demand for services. Though providers have seen an increase in PTSD diagnoses across all patient populations. “Even though we have traditionally […]

ACA Marketplace Changes Could Rock Behavioral Health Industry

This is an exclusive BHB+ story With Medicaid redeterminations on the horizon and Affordable Care Act (ACA) marketplace subsidies set to expire at the end of this year, health care consumers could have few places to turn to for coverage. I foresee these new developments threatening to undermine the behavioral health sector, potentially restricting access […]

Why Asking if AI Will Replace Therapists Misses the Point

This is an exclusive BHB+ story Artificial intelligence is getting pretty dang good at replicating its source materials. Outpatient mental health is no exception. We are at the point now with AI that its text-based products are indistinguishable from human-generated outputs. Researchers at Dartmouth College have given us two notable examples: A study released earlier […]