Behavioral health consolidation will accelerate as payers deepen their involvement and increase their focus on the industry, Behavioral Health Business reports.
The last decade or so — accelerated by the coronavirus pandemic — has seen an influx in capital and professionalization in the fragmented behavioral health industry. But as behavioral health becomes increasingly relevant in the wider health care landscape, payers present a potent force pushing the space forward.
Over the past six to eight years especially, payers have acted as a parallel force with investors in driving consolidation in the behavioral health industry, according to Terry Hyman, managing partner of Northwood Healthcare Partners and senior advisor at Thomas H. Lee Partners. Read more.