Chris Larson

Reporter at Behavioral Health Business

https://t.co/vEhAxOl5mu reporter: #behavioralhealth #venturecapital #startups. Send tips to [email protected]. Mourning Packers fan. New student of youth football.

Articles

Exclusive: Nystrom & Associates Strikes Deal to Acquire 25 of Ellie Mental Health’s Clinics

1 day ago | bhbusiness.com | Chris Larson

Outpatient mental health provider Nystrom & Associates Ltd. is working through a deal to acquire Ellie Mental Health’s Minnesota clinics. While still pending regulatory review, the deal would move the 25 locations of Ellie Mental Health—Minnesota to Nystrom & Associates. This would deepen Nystrom’s footprint in Minnesota: 42 of its 59 locations listed on its website are in Minnesota.
‘You Get the Outcome That You Pay For’: Pediatric Behavioral Health Demands Payment Innovation

1 day ago | bhbusiness.com | Chris Larson

This is an exclusive BHB+ storyThe mental health of American youth is moving in the wrong direction by several measures. Recent data from the federal government show mental health indicators such as feelings of hopelessness and suicidal thoughts are much worse now than they were 10 years ago and are largely unchanged in the years following the onset of the COVID-19 pandemic.
Exclusive: Behavioral Health Software Provider Dazos Raises $25M Series A

1 day ago | bhbusiness.com | Chris Larson

Behavioral health software company Dazos has secured a $25 million Series A investment from the B2B software growth capital firm Radian Capital. Dazos President and co-founder Louis Devaleix exclusively told Addiction Treatment Business that behavioral health’s unique nature requires industry-specific software tools. He argued that generic business-enablement services require operators to spend too much time, talent and capital to make them useful.
GOP Budget Adds Medicaid Work Requirements, Six-Month Eligibility Reviews

3 days ago | bhbusiness.com | Chris Larson

The Republican-led House Committee on Energy and Commerce released budget reconciliation documents that show the GOP has walked back from direct cuts to Medicaid spending, as many in the health care world have feared.
Trump Administration Might Nix Biden Parity Rule

3 days ago | bhbusiness.com | Chris Larson

Court documents reveal the Trump Administration intends to rework the much-extolled parity rule issued by the Biden administration. The administration’s future plans remain unclear. Attorneys representing the U.S. Department of Health and Human Services, the Treasury Department and the Department of Labor asked a federal court to hold a lawsuit challenging the Biden-era parity rule in abeyance until it issues new rules on the matter.
Digital Mental Health Platform Kindbridge Behavioral Health Raises $5.4M

1 week ago | bhbusiness.com | Chris Larson

Kindbridge Behavioral Health has raised $5.4 million. The Chattanooga, Tennessee-based digital mental health provider has raised the funding over the last few years; the earliest installment was raised in 2022. However, it recently disclosed them in public filings to the U.S. Securities and Exchange Commission. Kindbridge offers a range of mental health services via telehealth and specializes in supporting those with gambling and gaming addictions, according to its website.
Autism Therapy VBC Accountability Extends to Internal Processes

1 week ago | bhbusiness.com | Chris Larson

Making value-based care a reality in autism therapy requires meta, if not somewhat circular, functions. Change management, operational compliance and fraud prevention require autism therapy providers to set up monitoring systems to track their data collection processes. In other words, provider organizations need to set up a process to ensure that their clinical and operational data systems are being used and working according to plan.
National Autism Therapy Provider Behavior Frontiers Sells to NexPhase Capital

1 week ago | bhbusiness.com | Chris Larson

Lower-middle-market private equity firm NexPhase Capital has acquired the autism therapy provider Behavior Frontiers. Financial terms of the deal were not disclosed. Lorient Capital, a health care-focused private equity firm, previously backed Behavior Frontiers, helping it expand its footprint to include 26 centers and home-based care branches across 12 states.
Virtual Ketamine Therapy, Psychiatry Startup Noma Therapy Lands $4.25M

1 week ago | bhbusiness.com | Chris Larson

Noma Therapy has announced a $4.25 million funding round to support the expansion of its partnership-focused virtual psychiatry offering, which includes ketamine-assisted therapy. Behavioral health and health insurance industry vet Andrea Auxier leads the Denver-based company, which has gone through Redesign Health’s venture studio incubator.
Optum CEO Moves to UnitedHealth Group Role; Forge Health CEO Changes Seats in C-Suite

2 weeks ago | bhbusiness.com | Chris Larson

Optum CEO moves to enterprise role at UnitedHealth Group, successor namedHeather Cianfrocco, the CEO of Optum, will move to the role of executive vice president of governance, compliance and information security at Optum’s parent company, Minnetonka, Minnesota-based UnitedHealth Group (NYSE: UNH). Optum is the payvider services and consulting arm of UnitedHealth Group. Cianfrocco took on the role on April 1, 2024. She has worked for UnitedHealth Group since 2008.