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Matthew Blake, Author at Behavioral Health Business

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data-lazy-src="https://secure.gravatar.com/avatar/e482004538a71fd08d0c6b790bddb0a8?s=100&#038;d=mm&#038;r=g"/><noscript><img alt='' src='https://secure.gravatar.com/avatar/e482004538a71fd08d0c6b790bddb0a8?s=100&#038;d=mm&#038;r=g' srcset='https://secure.gravatar.com/avatar/e482004538a71fd08d0c6b790bddb0a8?s=200&#038;d=mm&#038;r=g 2x' class='avatar avatar-100 photo' height='100' width='100' decoding='async'/></noscript> <div class="author-bio-and-links"> <div class="header-meta">Articles By</div> <h3 class="author-name"><a href="https://bhbusiness.com/author/matthewblake/">Matthew Blake</a></h3> <div class="author-bio"> <p>Matthew Blake is a freelance reporter based in Chicago, who has covered the people, trends and issues facing many industries including health care, housing, the law, and media and entertainment.</p> </div> <!-- /.author-bio --> <ul class="author-links"></ul> </div> <!-- /.author-bio-and-links --> </div> <!-- /.author-block --> </header><!-- .page-header --> <div class="posts-feed"> <article id="post-8541" class="entry-block entry-block-with-excerpt post-8541 post type-post status-publish format-standard has-post-thumbnail hentry category-addiction-treatment-business category-inside-the-c-suite category-outpatient category-staffing category-substance-abuse tag-pelago amn_content_type-news amn_word_count-350-or-less"> <header class="entry-header"> <div class="entry-header-content"> <div class="category-tag-holder"> <a href="https://bhbusiness.com/category/addiction-treatment-business/" class="post-category post-category-tag"><span>Addiction Treatment Business</span></a> </div> <!-- /.category-tag-holder --> <h2 class="entry-title"><a href="https://bhbusiness.com/2024/11/20/fast-growing-sud-provider-pelago-pegs-new-president/">Fast-growing SUD Provider Pelago Pegs New President</a></h2> <div class="entry-meta"> <span class="byline"> By <span class="author vcard"><a class="url fn n" href="https://bhbusiness.com/author/matthewblake/">Matthew Blake</a></span></span> | <span class="posted-on"><time class="entry-date published" datetime="2024-11-20T15:09:01-06:00">November 20, 2024</time><time class="updated" datetime="2024-11-20T15:14:30-06:00">November 20, 2024</time></span> </div><!-- .entry-meta --> </div> <!-- /.entry-header-content --> <div class="thumbnail-holder"> <a href="https://bhbusiness.com/2024/11/20/fast-growing-sud-provider-pelago-pegs-new-president/"> <img width="150" height="115" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20150%20115'%3E%3C/svg%3E" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="Addiction Treatment Business logo illustrates Bradford Health Services M&amp;A" decoding="async" data-lazy-src="https://bhbusiness.com/wp-content/uploads/sites/7/2023/10/2023-Addiction-WP-assets_featuredImg-posts-150x115.png" /><noscript><img width="150" height="115" src="https://bhbusiness.com/wp-content/uploads/sites/7/2023/10/2023-Addiction-WP-assets_featuredImg-posts-150x115.png" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="Addiction Treatment Business logo illustrates Bradford Health Services M&amp;A" decoding="async" /></noscript> </a> </div> <!-- /.thumbnail-holder --> </header> <div class="entry-content"> <p>Virtual substance use management company Pelago has named Frank Jennings its new president, the company announced last week.  Jennings comes over from a three-year tenure at Castlight Health where he was the chief sales officer. He also served as the chief commercial officer at Covera Health and senior vice president of sales at Doctor on [&hellip;]</p> </div> </article><!-- #post-## --> <article id="post-8495" class="entry-block entry-block-with-excerpt post-8495 post type-post status-publish format-standard has-post-thumbnail hentry category-addiction-treatment-business category-medicaid category-reimbursement"> <header class="entry-header"> <div class="entry-header-content"> <div class="category-tag-holder"> <a href="https://bhbusiness.com/category/addiction-treatment-business/" class="post-category post-category-tag"><span>Addiction Treatment Business</span></a> </div> <!-- /.category-tag-holder --> <h2 class="entry-title"><a href="https://bhbusiness.com/2024/11/12/cms-waivers-for-oud-alone-didnt-move-the-needle-on-overdoses-mat-utilization/">CMS Waivers for OUD Alone Didn&#8217;t Move the Needle on Overdoses, MAT Utilization</a></h2> <div class="entry-meta"> <span class="byline"> By <span class="author vcard"><a class="url fn n" href="https://bhbusiness.com/author/matthewblake/">Matthew Blake</a></span></span> | <span class="posted-on"><time class="entry-date published" datetime="2024-11-12T15:58:27-06:00">November 12, 2024</time><time class="updated" datetime="2024-11-12T15:58:29-06:00">November 12, 2024</time></span> </div><!-- .entry-meta --> </div> <!-- /.entry-header-content --> <div class="thumbnail-holder"> <a href="https://bhbusiness.com/2024/11/12/cms-waivers-for-oud-alone-didnt-move-the-needle-on-overdoses-mat-utilization/"> <img width="150" height="115" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20150%20115'%3E%3C/svg%3E" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="Addiction Treatment Business logo illustrates Bradford Health Services M&amp;A" decoding="async" data-lazy-src="https://bhbusiness.com/wp-content/uploads/sites/7/2023/10/2023-Addiction-WP-assets_featuredImg-posts-150x115.png" /><noscript><img width="150" height="115" src="https://bhbusiness.com/wp-content/uploads/sites/7/2023/10/2023-Addiction-WP-assets_featuredImg-posts-150x115.png" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="Addiction Treatment Business logo illustrates Bradford Health Services M&amp;A" decoding="async" /></noscript> </a> </div> <!-- /.thumbnail-holder --> </header> <div class="entry-content"> <p>In 2015, the Centers for Medicare and Medicaid Services (CMS) reversed a longstanding policy that barred the use of federal Medicaid money for patients residing in addiction treatment and mental health facilities with more than sixteen beds. The policy switch was intended to better help people in facilities with substance use disorder (SUD), particularly those [&hellip;]</p> </div> </article><!-- #post-## --> <article id="post-8475" class="entry-block entry-block-with-excerpt post-8475 post type-post status-publish format-standard has-post-thumbnail hentry category-autism-business-news category-bhb-plus category-enterprise-story tag-acorn-health tag-autism-commission-on-quality tag-behavioral-health-center-of-excellence tag-cortica tag-jade-health tag-massachusetts-executive-office-of-health-and-human-services tag-masshealth amn_content_type-news amn_word_count-701-1200"> <header class="entry-header"> <div class="entry-header-content"> <div class="category-tag-holder"> <a href="https://bhbusiness.com/category/autism-business-news/" class="post-category post-category-tag"><span>Autism Business News</span></a> </div> <!-- /.category-tag-holder --> <h2 class="entry-title"><a href="https://bhbusiness.com/2024/11/11/who-does-the-accrediting-new-autism-therapy-regulation-highlights-big-question-for-the-industry/">[Updated] Who Does the Accrediting? New Autism Therapy Regulation Highlights Big Question for the Industry</a></h2> <div class="entry-meta"> <span class="byline"> By <span class="author vcard"><a class="url fn n" href="https://bhbusiness.com/author/matthewblake/">Matthew Blake</a></span></span> | <span class="posted-on"><time class="entry-date published" datetime="2024-11-11T11:17:25-06:00">November 11, 2024</time><time class="updated" datetime="2024-11-12T12:19:24-06:00">November 12, 2024</time></span> </div><!-- .entry-meta --> </div> <!-- /.entry-header-content --> <div class="thumbnail-holder"> <a href="https://bhbusiness.com/2024/11/11/who-does-the-accrediting-new-autism-therapy-regulation-highlights-big-question-for-the-industry/"> <img width="150" height="115" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20150%20115'%3E%3C/svg%3E" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="Autism Business News logo for story about Axis Therapy Centers" decoding="async" data-lazy-src="https://bhbusiness.com/wp-content/uploads/sites/7/2024/02/2023-ABN-WP-header-featured-img-alt-img_featuredImg-posts-150x115.png" /><noscript><img width="150" height="115" src="https://bhbusiness.com/wp-content/uploads/sites/7/2024/02/2023-ABN-WP-header-featured-img-alt-img_featuredImg-posts-150x115.png" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="Autism Business News logo for story about Axis Therapy Centers" decoding="async" /></noscript> </a> </div> <!-- /.thumbnail-holder --> </header> <div class="entry-content"> <p>Last month, Massachusetts became the first state to require applied behavioral analysis (ABA) providers to become accredited. The Massachusetts Executive Office of Health and Human Services adopted the new rule in October after the Massachusetts attorney general and inspector general questioned the level of quality control at ABA clinics in the past year. Providers who [&hellip;]</p> </div> </article><!-- #post-## --> <article id="post-8420" class="entry-block entry-block-with-excerpt post-8420 post type-post status-publish format-standard has-post-thumbnail hentry category-enterprise-story category-featured category-finance category-ma tag-fifth-third-securities tag-universal-health-services tag-vmg-health amn_content_type-featured amn_word_count-701-1200"> <header class="entry-header"> <div class="entry-header-content"> <div class="category-tag-holder"> <a href="https://bhbusiness.com/category/finance/ma/" class="post-category post-category-tag"><span>M&amp;A</span></a> </div> <!-- /.category-tag-holder --> <h2 class="entry-title"><a href="https://bhbusiness.com/2024/11/07/i-could-see-more-players-pursuing-this-model-behavioral-health-joint-ventures-proliferating/">‘I Could See More Players Pursuing This Model’: Behavioral Health Joint Ventures ‘Proliferating’</a></h2> <div class="entry-meta"> <span class="byline"> By <span class="author vcard"><a class="url fn n" href="https://bhbusiness.com/author/matthewblake/">Matthew Blake</a></span></span> | <span class="posted-on"><time class="entry-date published" datetime="2024-11-07T14:00:00-06:00">November 7, 2024</time><time class="updated" datetime="2024-11-07T15:18:59-06:00">November 7, 2024</time></span> </div><!-- .entry-meta --> </div> <!-- /.entry-header-content --> <div class="thumbnail-holder"> <a href="https://bhbusiness.com/2024/11/07/i-could-see-more-players-pursuing-this-model-behavioral-health-joint-ventures-proliferating/"> <img width="150" height="115" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20150%20115'%3E%3C/svg%3E" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="" decoding="async" data-lazy-src="https://bhbusiness.com/wp-content/uploads/sites/7/2024/10/InvestDallas-AgingMedia-570-150x115.jpg" /><noscript><img width="150" height="115" src="https://bhbusiness.com/wp-content/uploads/sites/7/2024/10/InvestDallas-AgingMedia-570-150x115.jpg" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="" decoding="async" /></noscript> </a> </div> <!-- /.thumbnail-holder --> </header> <div class="entry-content"> <p>The number of joint venture partnerships between hospitals and behavioral health care providers will continue to climb, despite the lumbering process of finalizing such a pairing. “I do think there’s been some challenges in the last year or two that have maybe slowed deals down a shade,” William Teague, managing director of VMG Health, said [&hellip;]</p> </div> </article><!-- #post-## --> <article id="post-8449" class="entry-block entry-block-with-excerpt post-8449 post type-post status-publish format-standard has-post-thumbnail hentry category-autism-business-news tag-kaiser-permanente amn_content_type-news amn_word_count-350-700"> <header class="entry-header"> <div class="entry-header-content"> <div class="category-tag-holder"> <a href="https://bhbusiness.com/category/autism-business-news/" class="post-category post-category-tag"><span>Autism Business News</span></a> </div> <!-- /.category-tag-holder --> <h2 class="entry-title"><a href="https://bhbusiness.com/2024/11/04/new-autism-diagnoses-data-reveals-skyrocketing-rates-for-nearly-every-group/">New Autism Diagnoses Data Reveals Skyrocketing Rates for Nearly Every Group</a></h2> <div class="entry-meta"> <span class="byline"> By <span class="author vcard"><a class="url fn n" href="https://bhbusiness.com/author/matthewblake/">Matthew Blake</a></span></span> | <span class="posted-on"><time class="entry-date published" datetime="2024-11-04T13:08:23-06:00">November 4, 2024</time><time class="updated" datetime="2024-11-04T15:36:18-06:00">November 4, 2024</time></span> </div><!-- .entry-meta --> </div> <!-- /.entry-header-content --> <div class="thumbnail-holder"> <a href="https://bhbusiness.com/2024/11/04/new-autism-diagnoses-data-reveals-skyrocketing-rates-for-nearly-every-group/"> <img width="150" height="115" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20150%20115'%3E%3C/svg%3E" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="Autism Business News logo for story about Axis Therapy Centers" decoding="async" data-lazy-src="https://bhbusiness.com/wp-content/uploads/sites/7/2024/02/2023-ABN-WP-header-featured-img-alt-img_featuredImg-posts-150x115.png" /><noscript><img width="150" height="115" src="https://bhbusiness.com/wp-content/uploads/sites/7/2024/02/2023-ABN-WP-header-featured-img-alt-img_featuredImg-posts-150x115.png" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="Autism Business News logo for story about Axis Therapy Centers" decoding="async" /></noscript> </a> </div> <!-- /.thumbnail-holder --> </header> <div class="entry-content"> <p>The number of U.S. patients diagnosed with autism spectrum disorder (ASD) has skyrocketed in the past decade across age, gender, and race and ethnic categories. A new study published last week by researchers at Kaiser Permanente, which examined 12.3 million patient electronic health records, shows the number of autism diagnoses increased 175% between 2011 and [&hellip;]</p> </div> </article><!-- #post-## --> <article id="post-8422" class="entry-block entry-block-with-excerpt post-8422 post type-post status-publish format-standard has-post-thumbnail hentry category-bhb-plus category-enterprise-story category-featured category-new-development category-residential category-substance-abuse tag-polsinelli amn_content_type-featured amn_word_count-over-1200"> <header class="entry-header"> <div class="entry-header-content"> <div class="category-tag-holder"> <a href="https://bhbusiness.com/category/finance/new-development/" class="post-category post-category-tag"><span>New Development</span></a> </div> <!-- /.category-tag-holder --> <h2 class="entry-title"><a href="https://bhbusiness.com/2024/11/04/going-nuclear-in-suing-nimby-cities-behavioral-health-providers-face-major-dilemma/">Going Nuclear: In Suing NIMBY Cities, Behavioral Health Providers Face Major Dilemma</a></h2> <div class="entry-meta"> <span class="byline"> By <span class="author vcard"><a class="url fn n" href="https://bhbusiness.com/author/matthewblake/">Matthew Blake</a></span></span> | <span class="posted-on"><time class="entry-date published" datetime="2024-11-04T09:57:57-06:00">November 4, 2024</time><time class="updated" datetime="2024-11-04T09:57:59-06:00">November 4, 2024</time></span> </div><!-- .entry-meta --> </div> <!-- /.entry-header-content --> <div class="thumbnail-holder"> <a href="https://bhbusiness.com/2024/11/04/going-nuclear-in-suing-nimby-cities-behavioral-health-providers-face-major-dilemma/"> <img width="150" height="115" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20150%20115'%3E%3C/svg%3E" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="" decoding="async" data-lazy-src="https://bhbusiness.com/wp-content/uploads/sites/7/2024/10/war-3038098_1280-150x115.jpg" /><noscript><img width="150" height="115" src="https://bhbusiness.com/wp-content/uploads/sites/7/2024/10/war-3038098_1280-150x115.jpg" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="" decoding="async" /></noscript> </a> </div> <!-- /.thumbnail-holder --> </header> <div class="entry-content"> <p>Earlier this year, the city commission of Stuart, Florida, said “no” to a zoning variance requested by Behavioral Health Centers LLC, which sought to repurpose an existing building into a mental health and substance use disorder (SUD) center. The commission, and residents of the Florida Treasure Coast town, feared that the clinic’s patients would cause [&hellip;]</p> </div> </article><!-- #post-## --> <article id="post-8358" class="entry-block entry-block-with-excerpt post-8358 post type-post status-publish format-standard has-post-thumbnail hentry category-enterprise-story category-featured category-ma tag-arc-health tag-family-spring tag-manhattan-psychology-group tag-mertz-taggart tag-thurston-group amn_content_type-featured amn_word_count-350-700"> <header class="entry-header"> <div class="entry-header-content"> <div class="category-tag-holder"> <a href="https://bhbusiness.com/category/finance/ma/" class="post-category post-category-tag"><span>M&amp;A</span></a> </div> <!-- /.category-tag-holder --> <h2 class="entry-title"><a href="https://bhbusiness.com/2024/11/01/in-marriage-you-can-get-divorced-the-hidden-complexities-of-selling-a-behavioral-health-business/">‘In Marriage, You Can Get Divorced’: The Hidden Complexities of Selling a Behavioral Health Business</a></h2> <div class="entry-meta"> <span class="byline"> By <span class="author vcard"><a class="url fn n" href="https://bhbusiness.com/author/matthewblake/">Matthew Blake</a></span></span> | <span class="posted-on"><time class="entry-date published" datetime="2024-11-01T09:51:21-05:00">November 1, 2024</time><time class="updated" datetime="2024-11-01T09:51:23-05:00">November 1, 2024</time></span> </div><!-- .entry-meta --> </div> <!-- /.entry-header-content --> <div class="thumbnail-holder"> <a href="https://bhbusiness.com/2024/11/01/in-marriage-you-can-get-divorced-the-hidden-complexities-of-selling-a-behavioral-health-business/"> <img width="150" height="115" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20150%20115'%3E%3C/svg%3E" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="Behavioral Health Business INVEST panel discussion" decoding="async" data-lazy-src="https://bhbusiness.com/wp-content/uploads/sites/7/2024/10/InvestDallas-AgingMedia-421-2-150x115.jpg" /><noscript><img width="150" height="115" src="https://bhbusiness.com/wp-content/uploads/sites/7/2024/10/InvestDallas-AgingMedia-421-2-150x115.jpg" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="Behavioral Health Business INVEST panel discussion" decoding="async" /></noscript> </a> </div> <!-- /.thumbnail-holder --> </header> <div class="entry-content"> <p>Finding a buyer for your behavioral health company is similar to marriage, except there’s more commitment. “It’s not like marriage, because in marriage, you can get divorced, and in this, I think, it might be a little messy,” said Sam Himelstein, the co-founder and CEO of Family Spring, a mental health treatment company based in [&hellip;]</p> </div> </article><!-- #post-## --> <article id="post-8433" class="entry-block entry-block-with-excerpt post-8433 post type-post status-publish format-standard has-post-thumbnail hentry category-addiction-treatment-business category-substance-abuse tag-crossroads-treatment-centers amn_content_type-news amn_word_count-350-700"> <header class="entry-header"> <div class="entry-header-content"> <div class="category-tag-holder"> <a href="https://bhbusiness.com/category/addiction-treatment-business/" class="post-category post-category-tag"><span>Addiction Treatment Business</span></a> </div> <!-- /.category-tag-holder --> <h2 class="entry-title"><a href="https://bhbusiness.com/2024/10/30/a-clearer-picture-of-a-patients-progress-crossroads-touts-measurement-based-care-model/">‘A Clearer Picture of a Patient&#8217;s Progress’: Crossroads Touts Measurement-Based Care Model</a></h2> <div class="entry-meta"> <span class="byline"> By <span class="author vcard"><a class="url fn n" href="https://bhbusiness.com/author/matthewblake/">Matthew Blake</a></span></span> | <span class="posted-on"><time class="entry-date published" datetime="2024-10-30T09:55:00-05:00">October 30, 2024</time><time class="updated" datetime="2024-10-30T09:55:02-05:00">October 30, 2024</time></span> </div><!-- .entry-meta --> </div> <!-- /.entry-header-content --> <div class="thumbnail-holder"> <a href="https://bhbusiness.com/2024/10/30/a-clearer-picture-of-a-patients-progress-crossroads-touts-measurement-based-care-model/"> <img width="150" height="115" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20150%20115'%3E%3C/svg%3E" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="Addiction Treatment Business logo illustrates Bradford Health Services M&amp;A" decoding="async" data-lazy-src="https://bhbusiness.com/wp-content/uploads/sites/7/2023/10/2023-Addiction-WP-assets_featuredImg-posts-150x115.png" /><noscript><img width="150" height="115" src="https://bhbusiness.com/wp-content/uploads/sites/7/2023/10/2023-Addiction-WP-assets_featuredImg-posts-150x115.png" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="Addiction Treatment Business logo illustrates Bradford Health Services M&amp;A" decoding="async" /></noscript> </a> </div> <!-- /.thumbnail-holder --> </header> <div class="entry-content"> <p>Another substance use disorder (SUD) treatment provider is reporting that its measurement-based care model is working for at-risk patients. Crossroads Treatment Center released a white paper Tuesday showing that, after a year in treatment, patients in its measurement-based care program are less likely to get the urge to use substances moving forward. Patients also reported [&hellip;]</p> </div> </article><!-- #post-## --> <article id="post-8424" class="entry-block entry-block-with-excerpt post-8424 post type-post status-publish format-standard has-post-thumbnail hentry category-finance category-technology tag-crediblemind tag-horizon-mutual-holdings amn_content_type-news"> <header class="entry-header"> <div class="entry-header-content"> <div class="category-tag-holder"> <a href="https://bhbusiness.com/category/operations/technology/" class="post-category post-category-tag"><span>Technology</span></a> </div> <!-- /.category-tag-holder --> <h2 class="entry-title"><a href="https://bhbusiness.com/2024/10/29/behavioral-health-platform-crediblemind-raises-7-5-million/">Behavioral Health Platform CredibleMind Raises $7.5 Million</a></h2> <div class="entry-meta"> <span class="byline"> By <span class="author vcard"><a class="url fn n" href="https://bhbusiness.com/author/matthewblake/">Matthew Blake</a></span></span> | <span class="posted-on"><time class="entry-date published" datetime="2024-10-29T11:46:46-05:00">October 29, 2024</time><time class="updated" datetime="2024-10-29T11:46:49-05:00">October 29, 2024</time></span> </div><!-- .entry-meta --> </div> <!-- /.entry-header-content --> <div class="thumbnail-holder"> <a href="https://bhbusiness.com/2024/10/29/behavioral-health-platform-crediblemind-raises-7-5-million/"> <img width="150" height="115" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20150%20115'%3E%3C/svg%3E" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="startups land seed rounds illustrated by sprouts growing from stack of coins" decoding="async" data-lazy-src="https://bhbusiness.com/wp-content/uploads/sites/7/2019/10/money-2724241_640-150x115.jpg" /><noscript><img width="150" height="115" src="https://bhbusiness.com/wp-content/uploads/sites/7/2019/10/money-2724241_640-150x115.jpg" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="startups land seed rounds illustrated by sprouts growing from stack of coins" decoding="async" /></noscript> </a> </div> <!-- /.thumbnail-holder --> </header> <div class="entry-content"> <p>Digital behavioral health platform CredibleMind has raised $7.5 million in a Series A funding round, the company announced Tuesday. The financing round was led by Horizon Mutual Holdings, which is part of Horizon Foundations for New Jersey. &#8220;CredibleMind has pioneered an accessible, smarter entry point for members seeking mental health and wellbeing support,&#8221; Suzanne Kunis, [&hellip;]</p> </div> </article><!-- #post-## --> <article id="post-8306" class="entry-block entry-block-with-excerpt post-8306 post type-post status-publish format-standard has-post-thumbnail hentry category-addiction-treatment-business tag-behavioral-health-acquisitions tag-fifth-third-securities tag-pitchbook tag-the-braff-group amn_content_type-news amn_word_count-701-1200"> <header class="entry-header"> <div class="entry-header-content"> <div class="category-tag-holder"> <a href="https://bhbusiness.com/category/addiction-treatment-business/" class="post-category post-category-tag"><span>Addiction Treatment Business</span></a> </div> <!-- /.category-tag-holder --> <h2 class="entry-title"><a href="https://bhbusiness.com/2024/10/22/why-luxury-rehab-is-an-unpopular-investment/">Why Luxury Rehab Is an Unpopular Investment </a></h2> <div class="entry-meta"> <span class="byline"> By <span class="author vcard"><a class="url fn n" href="https://bhbusiness.com/author/matthewblake/">Matthew Blake</a></span></span> | <span class="posted-on"><time class="entry-date published" datetime="2024-10-22T15:01:37-05:00">October 22, 2024</time><time class="updated" datetime="2024-10-22T15:01:40-05:00">October 22, 2024</time></span> </div><!-- .entry-meta --> </div> <!-- /.entry-header-content --> <div class="thumbnail-holder"> <a href="https://bhbusiness.com/2024/10/22/why-luxury-rehab-is-an-unpopular-investment/"> <img width="150" height="115" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20150%20115'%3E%3C/svg%3E" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="Addiction Treatment Business logo illustrates Bradford Health Services M&amp;A" decoding="async" data-lazy-src="https://bhbusiness.com/wp-content/uploads/sites/7/2023/10/2023-Addiction-WP-assets_featuredImg-posts-150x115.png" /><noscript><img width="150" height="115" src="https://bhbusiness.com/wp-content/uploads/sites/7/2023/10/2023-Addiction-WP-assets_featuredImg-posts-150x115.png" class="attachment-agingmedia-thumb-medium size-agingmedia-thumb-medium wp-post-image" alt="Addiction Treatment Business logo illustrates Bradford Health Services M&amp;A" decoding="async" /></noscript> </a> </div> <!-- /.thumbnail-holder --> </header> <div class="entry-content"> <p>Adam Nesenoff is convinced that luxury rehabilitation centers, the amenity-filled facilities to treat addiction, are a terrific investment. The problem is convincing others. “Banks are struggling to find what we rely upon,” said Nesenoff, who, with his brother, David Nesenoff, founded Behavioral Health Acquisitions in 2023 as a vehicle to put money into luxury rehab [&hellip;]</p> </div> </article><!-- #post-## --> <div class="pagination"> <span aria-current="page" class="page-numbers current">1</span> <a class="page-numbers" href="https://bhbusiness.com/author/matthewblake/page/2/">2</a> <a class="page-numbers" href="https://bhbusiness.com/author/matthewblake/page/3/">3</a> <a class="page-numbers" href="https://bhbusiness.com/author/matthewblake/page/4/">4</a> <a class="next page-numbers" href="https://bhbusiness.com/author/matthewblake/page/2/"><span>Next</span></a> </div> <!-- /.pagination --> </div> <!-- /.posts-feed --> </div> <!-- /.grid-col --> <div class="grid-col grid-col-1-of-3"> <div class="primary-sidebar-holder widget-area desktop-only" role="complementary"> <section id="custom_html-2" class="widget_text 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