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News
Beacon Behavioral Partners Expands in Midwest with Pure Psychiatry Deal
23+ hour, 7+ min ago (547+ words) Beacon Behavioral Partners has entered Michigan and Ohio via a deal with Pure Psychiatry. The deal adds a 17-location outpatient behavioral health platform as the acquisitive Beacon Behavioral Partners pushes into new markets under recently appointed CEO Rob Jardeleza. Financial…...
PsychPlus Acquires Koa Health
3+ week, 5+ day ago (305+ words) Image by Eren Kevin from Pixabay The terms of the deal were not disclosed. The addition of a digital therapeutic and patient-facing app bolsters PsychPlus’s homegrown tech stack, which it calls Galaxy. It also has its own electronic health record,…...
What the VA’s New MDMA-Assisted Therapy Trial Signals for Providers
1+ mon, 3+ week ago (927+ words) MDMA-assisted therapy is the focus of a new clinical trial led by the Department of Veterans Affairs. It will enroll 80 veterans who experience post-traumatic stress disorder and alcohol use disorder from the VA’s Rhode Island and Connecticut health systems. It’s…...
Investors Bet on Biomarkers to Reshape Behavioral Health, But Reimbursement Remains Murky
3+ mon, 2+ week ago (1060+ words) Biomarkers could give behavioral health providers an alternative to subjective survey-based diagnosis — but reimbursement barriers remain. Right now, both investors and providers see them as more of a strategic and operational differentiator than a routine clinical standard. That could change…...
Deal Watch: Beacon Behavioral Partners Adds to Footprint with Deal; Bradford Acquires Addiction Center for Professionals
4+ mon, 2+ week ago (757+ words) Baton Rouge, Louisiana-based Beacon Behavioral Partners has acquired Carolina Psychiatry. The deal expands the company’s presence in South Carolina. After this deal, Beacon now operates in nine states. The terms of the deal were not disclosed. Carolina Psychiatry operates in…...
General Catalyst Leads $50M Round to Expand Radial’s Interventional Psychiatry Network
7+ mon, 1+ week ago (772+ words) New York City-based Radial announced Tuesday it raised a $50 million Series A funding round to expand its interventional psychiatry services model and underlying tech infrastructure. The investment giant General Catalyst led the round. Other participants included Solari Capital, JSL Health…...
Few Psychologists Can Prescribe in the US — But That’s Starting to Change
9+ mon, 2+ week ago (926+ words) A small but lively movement in state legislatures may add a new player to the mental health prescriber team. Several states have recently considered giving specialized psychologists the authority to prescribe and manage patients treated with mental health-related medications. Last…...