Healthcare analysts and CEOs are turning attention to behavioral health for investments in 2024, the Nashville Business Journal reported Feb. 9.
On a panel at the Nashville Health Care Council's annual conference on the Wall Street perspective on healthcare, analysts said increasing demand for behavioral healthcare makes the sector ripe for investment.
Brian Tanquilut, healthcare services equity research analyst for Jefferies, said "money is being thrown" at behavioral health right now, the Nashville Business Journal reported.
Previous restrictions insurers placed on behavioral health are loosening as payers realize the importance of psychological well-being, T.D. Cowen analyst Gary Taylor said at the event.
Analysts from Mertz Taggert predicted deals in the behavioral health market will pick up in 2024 after a slow 2023, according to a January report.