Headspace CEO Russell Glass Announces Resignation

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 […]

SUD Provider Eleanor Names Sevita Vet William McKinney CEO

Substance use disorder provider Eleanor has named Sevita vet William McKinney its new CEO.  In McKinney’s previous role as CEO of home and community IDD provider Sevita, he led a team of 45,000 employees that served 55,000 individuals. His resume also includes tenure as president of Integrated Care Group for Fresenius Medical Care and vice […]

Mental Health Executive Forecast: New Business Models, AI and Value-Based Care to Define Industry in 2024

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 […]

SUD Provider Bradford Health’s New CEO Plans Geographic Expansion

Substance use disorder (SUD) treatment provider Bradford Health named behavioral health care vet Lisa Evans its new CEO. Evans has a decade of experience in the behavioral health field and previously served as chief operations officer at Alpharetta, Georgia-based behavioral health provider Perimeter Healthcare. She is tackling her new role at Bradford with a people-first […]

‘The Era of Growth at All Costs Is Over’: Discovery, LifeStance, Summit BHC Reset M&A Strategies

Growth in the behavioral health industry may look very different in 2024 than it has over the past few boom years. Gone are the days of growth for growth’s sake. Today, providers are prioritizing targeted de novo gains and keeping their balance sheets cash-flow positive. Industry headwinds, including high rates and ongoing labor shortages, have […]

Linden Capital-Backed Pinnacle Treatment Centers Names New CEO to Help Expand Services

Private equity-backed substance use disorder provider Pinnacle Treatment Centers has named Michael Lawler its next CEO. The provider says Lawler will be key to helping the organization expand its services. Lawler has worked in health care for more than three decades. Most recently, he served as the CEO of CHE Behavioral Health Services, a private […]

Discovery Behavioral Health CEO: Most Payers Not Ready for Value-Based Relationships

The behavioral health industry is going through a period of transformation. The demand for services is higher than ever, and payers and providers are looking to incorporate value-based care into their model. As one of the country’s largest mental health and SUD operators, Discovery Behavioral Health will help set the stage for the industry’s future. […]

Magellan Health CMO Dr. Caroline Carney on Value-Based Care’s Progress, Parity and Behavioral Health Innovation

Magellan Health, a health plan focused on special populations, has been on the cutting edge of value-based care contracting in the mental health space. The organization has inked several high-profile value-based care contracts through its managed care subsidiary, Magellan Healthcare. These include a deal with autism providers Kyo Autism and Invo Healthcare.  “We’re believers in […]

Array’s New CEO: ‘Building a Scalable Telehealth Business Is Not Straightforward’

Array Behavioral Care’s New CEO, Shannon Werb, has ambitious plans to streamline the patient experience by offering a unified continuum of virtual care services. The behavioral health tech company recently announced a C-suite shakeup not only naming a freshly minted CEO, but also a new chief medical officer and chief financial officer. This comes as […]