by Ethan Webb | Apr 21, 2026 | Regulation
Key Takeaways There is no industry-wide consensus on what constitutes a measurable outcome in substance use disorder treatment. Different payers use different definitions, creating a moving target for operators trying to build measurement infrastructure. Longitudinal...
by Ethan Webb | Apr 20, 2026 | Regulation
Key Takeaways ABA and behavioral health M&A bifurcated sharply in Q1 2026. Scaled, compliant operators drew competitive bids. Everyone else did not. Wall Street Journal investigations into Medicaid ABA billing, published in March, triggered federal OIG audits...
by Ethan Webb | Apr 16, 2026 | Regulation
Key Takeaways The ACD covers ABA under temporary demonstration authority rather than as a standard basic benefit, imposing enrollment requirements, mandatory assessments, and authorization cycles that civilian health plans do not require. ABA CPT codes remain on...
by Ethan Webb | Apr 2, 2026 | Regulation
Key Takeaways A four-year Massachusetts pilot placed free, on-site mental health services in 23 public schools and reduced emergency calls, suspensions, and behavioral incidents across participating campuses. The $5 million in philanthropic grant funding sustaining...
by Ethan Webb | Mar 25, 2026 | M&A
Key Takeaways Honest Health announced a $140 million capital raise led by NewSpring Healthcare on February 26. Existing investors including Oak HC/FT, Welsh, Carson, Anderson & Stowe, Durable Capital Partners, and Rubicon Founders participated alongside new backer...