In this session, panelists provided an in-depth look at focus and sub-focus areas within the behavioral health industry. Our panel also discussed supply and demand imbalances, merger and acquisition (M&A) transaction considerations, reimbursement trends, digital and telehealth services, and other issues companies within the behavioral health market should consider.
Session panelists included:
- Gaurav Bhattacharyya, Founder and Chief Executive Officer, Geode Health
- L.A. Galyon IV, Managing Partner, Brentwood Capital Advisors
- J.R. Green, Chief Executive Officer, Psychiatric Medical Care
- Rita Ratner, Managing Director, Farragut Square Group
- Jake Stark, Vice President, WindRose Health Investors
- Moderator: Marshall Jackson, Partner, McDermott Will & Emery
Top takeaways included:
- Supply and demand imbalances have been exacerbated, as there is an increase in mental disorders and care models are trying to meet the needs.
- The industry is seeing an increase in integration of mental and physical health.
- Companies have been focusing on preventive outpatient care to help reconcile staffing imbalances, as well as using a mix of psychiatrists and various mid-level providers.
- Clinical reputation and clinical alignments are two major factors investors examine when evaluating practices to acquire.
- Payors are expanding reimbursement for various behavioral health services; however, behavioral health is not ready for value-based care—a key issue being the difficult-to-measure outcomes across behavioral health services.
- Digital health is a key focus area in behavioral health; however, the effectiveness of digital health tools is predicated on the types of services being provided and the adoption of these tools by patients, consumers and providers. Many behavioral [...]