Many of the fastest-growing behavioral health companies in the U.S. believe their recent eye-popping revenue growth is sustainable. Going a step further, some even see it as all but guaranteed. These companies, identified by the 2024 Inc. 5000 list, are enabled, in part, by the specific segment of behavioral health they operate in and their […]
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 […]
Staffing is no longer the top issue facing behavioral health operators. Providers are now projecting that reimbursement and payment will be the biggest challenge for the industry in 2024. That’s according to a new Behavioral Health Business Survey, which included responses from 404 professionals who identified as working for organizations providing treatment for behavioral health, […]
The mental health industry is pivoting after the market’s rapid expansion related to COVID-era telehealth and increased demand for behavioral health services. Mental health providers are now seeking new methods of care, including AI-enabled tools, to improve existing mental health treatment frameworks, industry insiders told Behavioral Health Business. Mental health companies are also seeking new […]
The behavioral health market has exploded since the COVID-19 pandemic. Investors and provider organizations have paid premiums to grow their behavioral health footprint. But, industry insiders warn that the outpatient behavioral health industry is a tough business. The success stories in the space will likely be the companies keeping their operations tight and demonstrating improved […]
Investment in mental health has exploded over the last five years. Still, there remains a large gap between inpatient care and outpatient treatment, which could be a business opportunity for providers looking to expand. Specifically, more and more providers are eyeing intensive outpatient programs (IOPs) to care for patients that need either a step down […]
Community and partnerships are key to many of the fastest-growing behavioral health companies in the U.S. Four of the burgeoning mental health companies, as identified by the Inc. 5000, have seen growth that’s typically the purview of young startups and tech companies. These companies have taken advantage of the massive supply-demand imbalance present nationally and […]
Outpatient mental health and autism treatment providers make up most of the behavioral health operators that appear on the latest Inc. 5000 list of the nation’s fastest-growing companies. Seventeen of the 23 behavioral health operators featured on the list of the nation’s fastest-growing companies were outpatient mental health and autism treatment providers, according to a […]
Boston-based Transformations Care Network expanded into its sixth state following the acquisition of Redmond, Washington-based LightHeart Psychological Associates. Terms of the deal were not disclosed. Transformations Care Network, which was born out of a 2021 four-way merger, provides a wide range of outpatient mental health services ranging from adult and child psychiatry to ketamine therapy […]
Transformations Care Network, an East Coast-based network of mental health providers, has expanded its footprint in Maryland, Virginia and Pennsylvania with the purchase of Columbia Associates in Psychiatry and New Directions Counseling Services. With the acquisitions, Transformations now operates over 25 clinics across Massachusetts, Maryland, Pennsylvania, Virginia and West Virginia. Transformations also operates the brands […]
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