Behavioral Health Business August 29, 2024
The allure of being a one-stop-shop for health services is waning for behavioral providers.
Instead, we are seeing the rise of partnerships to help with referral pathways and provide specialty care. While there is a drive for more integrated services with a holistic approach, many providers are recognizing their limitations, particularly in the digital space.
Besides a large health system, it would be unrealistic for a behavioral health provider to serve as a mental health, addiction treatment, primary care, women’s health and oncology provider, for instance.
Even within the behavioral health umbrella, many providers acknowledge their strengths and blind spots. Over the last year, we’ve seen at least two significant deals from mental health providers teaming up with substance...