8 SUD Treatment Companies to Watch in 2024 - Behavioral Health Business
The substance use disorder (SUD) treatment industry has experienced significant challenges and breakthroughs in 2024, but a handful of providers are| Behavioral Health Business
The substance use disorder (SUD) treatment industry has experienced significant challenges and breakthroughs in 2024, but a handful of providers are| Behavioral Health Business
Bradford Health Services' newly minted CEO, Rob Marsh, is no stranger to the behavioral health industry. Before coming to the substance use| Behavioral Health Business
This is an exclusive BHB+ story Medicaid is the No. 1 payer for youth mental health care in the nation. Yet, with proposed cuts on the chopping block as| Behavioral Health Business
The Trump administration has proposed cutting over $28.6 billion in health care and mental health-related spending under its newly released discretionary| Behavioral Health Business
Lawmakers have introduced a new bill that, if passed, would extend funding for electronic health records (EHRs) and other technologies to behavioral| Behavioral Health Business
Pediatric behavioral health provider Hazel Health has laid off roughly 11% of its staff. San Francisco-based Hazel Health works with school systems to| Behavioral Health Business
The Biden administration has pledged nearly $300 million to expand mental health services in schools. In addition to the new funding, the White| Behavioral Health Business
Digital mental health investment dropped in the second quarter as global digital health investment fell compared to 2022.| Behavioral Health Business
A slew of states are taking on mental health with new legislation aimed at expanding access to care. The federal government has a number of behavioral| Behavioral Health Business
The behavioral health industry is coming off a record number of transactions and as multiples remain high, companies are having to get smarter about| Behavioral Health Business
Telehealth has mixed impacts on behavioral health de novo growth. It's muted for some. But for one company, It's had a meaningful impact.| Behavioral Health Business
The new $1.5 trillion spending bill from Congress extends some mental telehealth flexibilities but retains a potentially challenging measure.| Behavioral Health Business
Medicaid redeterminations have begun to impact Universal Health Service’s (NYSE: UHS) behavioral health arm. Overall, behavioral health patient days| Behavioral Health Business
Behavioral health giant Acadia Healthcare Co. Inc. (Nasdaq: ACHC) brought new leadership to its comprehensive treatment centers division. Dr. Nasser| Behavioral Health Business
Acadia Healthcare Co. Inc. (Nasdaq: ACHC) is looking to position itself as a "proactive acquirer," its CEO said.| Behavioral Health Business
Keeping up with new regulations and policies that impact the behavioral health industry can almost feel like a full-time job. Ongoing changes to| Behavioral Health Business
Digital behavioral health company Quartet Health has launched a new virtual clinic focused on treating patients with moderate and serious mental illness| Behavioral Health Business
Three addiction treatment companies merge to form BlueCrest Health Group BlueCrest Recovery Center, QuickSilver Counseling Center, and Assess With| Behavioral Health Business
Substance use disorder (SUD) provider Praesum Healthcare Services announced its first acquisition, but it hinted that this is only the beginning for the| Behavioral Health Business
Cases of eating disorders are on the rise nationally, bringing about an influx of providers in recent years. Within the last year, the industry began to| Behavioral Health Business
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| Behavioral Health Business
The experience of the addiction treatment industry in the five years since the onset of the COVID-19 pandemic illustrates the resilience of the industry.| Behavioral Health Business
Maturing behavioral health startups often look at three paths for scaling: de novo growth, M&A, or new partnerships. Each pathway to growth has its| Behavioral Health Business
Mindstrong Inc. appears to be winding down after raising over $100 million in venture capital. The Menlo Park, California-based startup has| Behavioral Health Business
The pressure on behavioral health providers to improve outcome measures may make patient-matching technology a crucial part of their tech stack. The| Behavioral Health Business
LifeStance Health Group Inc. (Nasdaq: LFST) executives tout a homegrown online-booking system as the initial answer to a historic problem in health care.| Behavioral Health Business
A majority of behavioral health providers are using outdated and disjointed electronic health record (EHR) and care coordination systems – and they know| Behavioral Health Business
Preventing unnecessary care and medication prescriptions is the primary purpose of prior authorization. Instead, it has all too often led to slower,| Behavioral Health Business
Behavioral health providers in one state have come out on top in a battle to remove prior authorization requirements for opioid use disorder (OUD)| Behavioral Health Business
This is an exclusive BHB+ story Forty-eight health plans voluntarily signed onto a commitment to simplify prior authorizations across all of health care| Behavioral Health Business
The CEO and founder of NeurAbilities Healthcare, an autism therapy provider, announced her resignation. After a five-year tenure at the helm of| Behavioral Health Business
Lee Equity-backed Bradford Health Services names new CEO Birmingham, Alabama-based Bradford Health Services named Lisa Evans its new CEO, succeeding| Behavioral Health Business
Cortica Inc. aims to emulate academic medical centers’ focus on comprehensive care offerings and science-backed autism interventions in its care| Behavioral Health Business
Two leading organizations in behavioral health are teaming up to bring better quality and metrics to the autism treatment space. Evernorth and the| Behavioral Health Business
Hopebridge made three new appointments to its leadership to strengthen its clinical leadership and approach to value-based care.| Behavioral Health Business
An estimated 1 and 44 children nationwide have autism spectrum disorder (ASD), with diagnoses having climbed by 10% since 2014. The need for therapy --| Behavioral Health Business
Eleanor Health collaborated with Point32Health to develop a value-based program that provides addiction care along with other services.| Behavioral Health Business
Invo Healthcare will shutter several applied behavior analysis (ABA) subsidiaries, Behavioral Health Business has learned. The company is altogether| Behavioral Health Business
The Center for Autism and Related Disorders' (CARD) bankruptcy doesn’t foreshadow a new level of doom and gloom for the industry as a whole.| Behavioral Health Business
Hopebridge's new CEO David McIntosh sees his work as a calling. In his three years with autism provider Hopebridge, McIntosh has learned that his| Behavioral Health Business
Two Democratic senators have proposed changes to the Social Security Act that could ensure parity and integration of behavioral health in government| Behavioral Health Business
Vertava Health sold three of its four residential addiction treatment centers as part of a scale-back and pivot strategy. The Nashville-based mental| Behavioral Health Business
Delphi Behavioral Health Group was once a fast-growing addiction treatment provider. Now, it will soon cease to exist. Here's what happened.| Behavioral Health Business
Outpatient mental health is currently one of the fastest growing subsectors in behavioral health -- just ask private equity buyers, who are expected to| Behavioral Health Business
Two clinician-entrepreneurs have merged their several behavioral health organizations to create Well Behavioral Health, a company zeroed in on a holistic| Behavioral Health Business
Hospitals and Health Systems | Behavioral Health Business
Elemy, a digital healthcare company that specializes in in-home pediatric behavioral health, announced this week a $219 million Series B funding campaign| Behavioral Health Business
Charlie Health, a virtual high-acuity behavioral health provider, has added a new substance use disorder (SUD) treatment program to its service offerings.| Behavioral Health Business
Praesum Healthcare has filed for Chapter 11 bankruptcy protections with a federal court in Florida. Court documents detail allegations that the Lake| Behavioral Health Business
This is an exclusive BHB+ story Back-to-school season is an inherently exciting time. Changing grades – maybe transitioning from elementary school to| Behavioral Health Business
Nonprofit therapy and substance use disorder (SUD) treatment provider Rosecrance Behavioral Health has acquired Ascend CHC. With this move, the| Behavioral Health Business
Once again, dozens of behavioral health companies are being recognized as some of the fastest-growing organizations in the U.S. Outpatient mental health| Behavioral Health Business
How an organization handles its addiction treatment real estate will dictate its direction — now and in the future. Real estate makes up both the| Behavioral Health Business
This is an exclusive BHB+ story Startups are just about as notorious for failure as the mental health industry is for lagging behind the larger health| Behavioral Health Business
Who leads addiction care from a clinical and coordination perspective has historically been a complicated question, partly because of how patients are| Behavioral Health Business
Talkspace Inc. (Nasdaq: TALK) has teamed up with a patient-provider matching software provider that also assesses the skills and weaknesses of mental| Behavioral Health Business
For a variety of reasons, behavioral health organizations are investing significant time, money and manpower into health IT systems. Yet too often, they| Behavioral Health Business
At a time when some virtual mental health providers have decided to tack on brick-and-mortar clinics, Charlie Health is sticking to its guns. The| Behavioral Health Business
Optum CEO moves to enterprise role at UnitedHealth Group, successor named Heather Cianfrocco, the CEO of Optum, will move to the role of executive vice| Behavioral Health Business
UnitedHealth Group (NYSE: UNH) is the latest health care payer to highlight the impact of skyrocketing behavioral health utilization. Specifically,| Behavioral Health Business
This is an exclusive BHB+ story Digital behavioral health startups experienced a tsunami of investor interest from 2020 to 2022. Founders now face a tough| Behavioral Health Business
Bradford Health Services has acquired Lakeview Health, an addiction treatment provider that also offers other niche services. The deal comes less| Behavioral Health Business
Acadia (NASDAQ: ACHC) is prioritizing strategic investment in its technology capabilities and comprehensive treatment centers (CTCs) for opioid use| Behavioral Health Business
This is an exclusive BHB+ story The retirement trend dominating employment conversations may be taking a turn -- at least for the addiction treatment| Behavioral Health Business
The hotly contested One Big Beautiful Bill Act was passed by the U.S. House of Representatives for a second and final time with a vote of 218–214. It will| Behavioral Health Business
Heading into 2025, many M&A experts expected behavioral health transaction activity to rebound. Recently released data further supports the notion| Behavioral Health Business
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| Behavioral Health Business
Iris Telehealth has raised $40 million in a Series B to fuel a national expansion and deepen its capabilities across its operational, clinical and| Behavioral Health Business
Universal Health Service (NYSE: UHS) has reported strong annual financial performance – as well as concern regarding potential Medicaid budget cuts.| Behavioral Health Business
Innovation has its greatest impact when it’s applied at scale. And the intersection of innovation and scale is where Acadia Healthcare’s (Nasdaq: ACHC)| Behavioral Health Business
It's no secret that patients with serious mental illnesses (SMIs) are costly to care for and have significantly worse outcomes than their peers. But| Behavioral Health Business
Comprehensive autism treatment provider Cortica announced a value-based care arrangement with Point32Health focused on outcomes.| Behavioral Health Business
LifeStance (Nasdaq: LFST) has tapped Dave Bourdon, its chief financial officer, to lead the company as CEO. The leadership change comes as the outpatient| Behavioral Health Business
Indianapolis-based autism therapy provider Hopebridge will close most of its Colorado centers and end its ABA service line in the state.| Behavioral Health Business
Investment in autism has been a boon. But that investment has added to the many forces putting pressure on the industry.| Behavioral Health Business
Matt Morgan and Boston-based private equity firm Summit Partners unveiled a long-in-the-works overhaul of what is now a national mental health platform| Behavioral Health Business
Orchard Mental Health Group has quadrupled its footprint by acquiring two companies. Formerly known as Quince Orchard Psychotherapy, Orchard Mental| Behavioral Health Business
The Vistria Group – one of health care’s most active private equity investors, particularly in home health and hospice care – is making further inroads in| Behavioral Health Business
Investment in youth mental health companies nearly octupled (yes that’s a word) in the first half of 2021 compared to the whole of 2020. That’s| Behavioral Health Business
Worsening teen mental health continues to be a leading issue in the U.S. The CDC reports that more than 40% of high school students reported feelings of| Behavioral Health Business
Talkspace (Nasdaq: TALK) is reaping the benefits of going in-network with payers. The digital provider increased its payer business by 33% in the first| Behavioral Health Business
Mental health vet Beacon Behavioral Partners is looking to expand through a strategic partnerships model with high-performing independent providers.| Behavioral Health Business
London-based digital pediatric behavioral health company Healios Ltd. has landed $16 million to fund its expansion in the U.S. The funding will pay for a| Behavioral Health Business
The Trump administration has announced its plans to consolidate the Substance Abuse and Mental Health Services Administration (SAMSHA) into a new entity| Behavioral Health Business
Leaked documents from the White House show that the Trump administration wants to do away with the certified community behavioral health centers (CCBHC)| Behavioral Health Business
Jamie Rarrick, Vice President of Clinical Operations at Catalight, has been named a 2024 Frontline Honors honoree by Behavioral Health Business. To become| Behavioral Health Business
