Behavioral Health Business October 17, 2024
The substance use disorder (SUD) treatment industry was formerly dotted by small, local providers.
In the future, these mom-and-pop providers may go the way of cottage businesses during the Industrial Revolution.
To be clear, SUD treatment has not yet been completely limited to assembly lines. Small providers still abound.
At the recent Behavioral Health Business INVEST conference, SUD industry professionals from companies of almost all sizes shared strategies for growing their businesses, expanding service lines and addressing disparities.
But top of mind for SUD providers were forces that are changing the very nature of the SUD treatment industry: competition and consolidation.
These two concepts overlap and intermingle. While providers grow to increasingly mammoth sizes, competition to stay relevant rises. Operators...
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