Behavioral Health Business June 12, 2024
Virtual behavioral health provider Brightside Health has expanded into addiction treatment by acquiring Lionrock Recovery.
The move expands San Francisco-based Brightside Health into virtual addiction treatment. Specifically, the acquisition adds a virtual intensive outpatient program (IOP) to Brightside’s fleet of services. The terms of the deal were not disclosed.
It also addresses a significant overlap in patient’s behavioral health needs: often, underlying mental health issues contribute to a use disorder, and vice versa. Brightside Health previously had to refer patients whose primary issue was addiction treatment to other providers. Now, the company can support more issues for more patients. This, in turn, makes Brightside a more attractive partner for payers and health systems.
“We’ve really emphasized and leaned into wanting...
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