Behavioral Health Business January 5, 2024
Discovery Behavioral Health has consolidated or closed around 14 to 16 locations as part of a retooling of the company in the face of severe market pressures.
The provider plans to deemphasize its focus on legacy residential care and double down on its “consumer-direct approach,” Discovery Behavioral Health CEO John Peloquin told Behavioral Health Business. Specifically, the Irvine, California-based diversified behavioral health company emphasizes outpatient services, telehealth, outcomes tracking, and larger, more cost-efficient locations; it is also moving away from the so-called “six-bed” residential care delivery model.
“There is an imbalance between the cost-drivers — labor, cost of doing business with the national inflation rates — and reimbursement from payers,” Peloquin said. “That requires [Discovery Behavioral Health] to become more...
Today's Sponsors
Today's Sponsor