The leader of the behavioral health giant Headspace announced his plans for resignation. Russell Glass, Headspace’s CEO, took to LinkedIn to announce his departure, which he called “bittersweet.” “As I reflected on the successful integration and everything we’ve achieved over the past few years, I believe now is a natural time for me to step […]
Digital mental health company Tava polished off its Series B funding round, bringing the total raise for this round to $20 million. Salt Lake City, Utah-based Tava secured $16 million in January and recently secured an additional $4 million in a funding round led by Catalyst Investors. Its existing investors, Peterson Partners, Toba Capital and […]
Want to read more content like this? Subscribe to Addiction Treatment Business today! Clinicians at opioid use disorder (OUD) treatment provider Bicycle Health have filed to unionize with the Union of American Physicians and Dentists (UAPD). Bicycle Health told its workers in an email that the company was working with the National Labor Relations Board […]
Acadia Healthcare (Nasdaq: ACHC) is focused on value-based care as it invests in technology and expands its service lines. Franklin, Tennessee-based mental health operator Acadia has identified opportunities for growth in its outpatient, substance use disorder (SUD) treatment and step-down services, according to a presentation at the Raymond James Annual Institutional Investors Conference. It also […]
SUD provider Ideal Option opens high-capacity addiction clinic Kennewick, Washington-based Ideal Option opened a 4,000-square-foot “flagship” clinic primarily designed to provide buprenorphine-based medication-assisted treatment (MAT). The clinic was partly funded through the American Rescue Plan Act through the City of Great Falls, Montana. “The grant funding from the American Rescue Plan Act allows us to […]
Want to read more content like this? Subscribe to Addiction Treatment Business today! The number of people who died from alcohol-related reasons per year increased by more than 40,000 within six years, new CDC data revealed. Yet, alcohol use disorder (AUD) remains overlooked in the substance use disorder (SUD) industry, which is laser-focused on the […]
Universal Health Services (NYSE: UHS) saw its behavioral health services for children and teens take a downward turn in the latter half of 2023. The company attributes its child and adolescent business declines to Medicaid redeterminations. Despite softness in residential and adolescent segments, UHS experienced “robust” demand for its behavioral health services in Q4 of […]
In case you missed it, Behavioral Health Business has launched a new specialty publication for professionals in the substance use disorder space. You can subscribe to Addiction Treatment Business here: Subscribe today! The overdose epidemic has been split into three “waves,” characterized by prescription opioids, heroin and fentanyl. A new, “fourth wave” of the overdose […]
In case you missed it, Behavioral Health Business has launched a new specialty publication for professionals in the substance use disorder space. You can subscribe to Addiction Treatment Business here: Subscribe today! The health coaching industry was initially focused on fitness and lifestyle goals but is now a common service line in the behavioral health […]
Americans see poor mental health as one of the biggest threats to public health. This is especially true for young adults, who were twice as likely to identify it as the most pressing public health issue today. Even more pressing for Americans are opioids and fentanyl, which topped the list of most significant threats to […]