Acadia Healthcare expects to add the highest number of beds in company history in 2025, according to CEO Chris Hunter. The behavioral health provider reported its first-quarter earnings May 13. “This year is setting up to be the largest bed…
Behavioral Health News
Renown Health Crisis Care Center in Sparks, Nev., has closed less than three months after opening, NBC affiliate News4 reported May 9. The center cited canceled federal funding for the closure, according to News4. In March, the Trump administration canceled…
Transcranial magnetic stimulation, vagus nerve stimulation and deep brain stimulation are reshaping how clinicians treat complex mood and neuropsychiatric disorders.
Philadelphia-based Wedge Recovery Centers will close by the end of May. According to a May 5 letter to patients, the mental health and substance use treatment provider will wind down operations over two to four weeks. The decision to close…
New Hyde Park, N.Y.-based Northwell Health held a grand opening for its $5 million, 12,000-square-foot Behavioral Health Wellness Center in Riverhead, N.Y., The Suffolk Times reported May 9. The center will open to patients June 1 and offer a spectrum…
Advertisement
Eight Oklahoma community behavioral health providers say they are short nearly $150 million in reimbursement, Oklahoma Voice reported May 7. Joy Sloan, CEO of Muskogee, Okla.-based Green Country Behavioral Health Services, said she has not been paid any reimbursements by…
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clinics said they have been forced to work in “call-center like conditions” after a decision from President Trump rescinded remote work arrangements, The New York Times reported May 4.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…