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Behavioral Health News

A potential recession could be a boost to LifeStance Health, CEO Dave Bourdon told investors.  On a May 7 earnings call, Mr. Bourdon told investors the Scottsdale, Ariz.-based behavioral health company’s model is “resilient to economic cycles” and could even…

Scottsdale, Ariz.-based behavioral health provider LifeStance Health eked out its first-ever quarterly profit, according to financial results released May 7.  Here are three things to know:  Founded in 2017, LifeStance is one of the largest providers of outpatient behavioral care.…

Augusta-based MaineGeneral Health is cutting some pediatric mental health services, the Portland Press Herald reported May 5.  Nathan Howell, CEO of MaineGeneral, told the newspaper the system will no longer offer pediatric psychological services as of May 16. The system…

Psychologists and psychiatrists working at Department of Veterans Affairs clinics said they have been forced to work in “call-center like conditions” after a decision from President Trump rescinded remote work arrangements, The New York Times reported May 4.  Here’s seven…

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Providence Alaska will close its Crisis Recovery Center in Anchorage in May, the Anchorage Daily News reported May 1.  The intensive inpatient program serves adolescents who have experienced a mental health crisis. It is the only program of its kind…

San Francisco-based Two Chairs is launching psychiatry services.  The mental health provider offers virtual and in-person therapy in California, Washington and Florida, and plans to expand to 19 new states in 2025.  According to an April 30 news release, Two…

A total of 271 psychiatric facilities used zero hours of physical restraint, and 470 facilities used zero hours of sedation, according to CMS data. CMS’ Inpatient Psychiatric Facility Quality Measure Data-by Facility database tracks quality measures including restraints, tobacco and…

Patient volumes were down 1.6% year-over-year at UHS’s behavioral health facilities.  King of Prussia, Pa.-based UHS reported its first quarter earnings April 28. The company recorded an operating income of $454.8 million, up from $388.8 million in the same quarter…

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