Behavioral Health News

Boston-based equity firm Charlesbank Capital Partners is said to have won an auction to acquire Action Behavior Centers, a therapy provider based in Austin, Texas, that is valued at $840 million, Behavioral Health Business reported Aug. 17. 

CMS proposed a mandatory annual report from each state on the quality of their Medicaid and the Children’s Health Insurance Program services to identify healthcare gaps and disparities. 

Only 38 percent of Medicare Advantage subscribers said their plan provides enough mental health coverage, a survey conducted by J.D. Power found.

UnitedHealthcare is awarding $11 million in grants to 11 states to support individuals and families dealing with behavioral health issues, isolation and food insecurity.

Motivo Health, a service that connects therapists who need clinical supervision to support their licensure with online clinical supervisors, has raised $14 million in series A funding.

Here is a list of the average wholesale cost of a 30-day supply of seven widely prescribed antidepressants and their generic equivalents:

CVS, Walgreens and Walmart must pay two opioid-ravaged Ohio counties $650.5 million for the companies' part in fueling the opioid epidemic there, The New York Times reported Aug. 17.

The average net worth of psychiatrists in 2022 was $287,000, a 4 percent increase from last year's average of $275,000, according to a report published by Medscape.

The American Medical Association is working to fight systemic healthcare industry practices and policies that have led to over half of practicing physicians experiencing burnout and other mental health issues.

The Sylvia Brafman Mental Health Center in Tamarac, Fla., has earned The Joint Commission's gold seal of approval accreditation.