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July 07, 2020
Recovery Centers of America on Tuesday announced new chief executive officers for two of its treatment facilities. Michael Ogden, MPH, BAP, has been named CEO of RCA at Bracebridge Hall in Earleville, Maryland, and Kathryn “Kat” Stevens, LHMC, has been appointed CEO of RCA at Westminster (…
July 06, 2020
Imagine for a moment that you run a mental health center, and you meet someone who claims their new product can help you predict which psychotherapy clients will fail treatment, have an adverse event, or choose to drop out prematurely. You might dismiss that person with the assurance that you…
July 01, 2020
The widespread economic impact of COVID-19 has touched all industries, including addiction treatment and behavioral health providers. Cash flow interruptions have caused some providers to consider their options, including bankruptcy and restructuring. Recently American Addiction Centers (AAC), a…
June 26, 2020
Longtime industry executive Jaime Vinck, MC, LPC, NCC, has a new role. Recovery Ways, a Murray, Utah-based provider of substance use disorder and mental health treatment services, announced that Vinck is joining the organization as its new CEO starting in July.
June 24, 2020
Four men from California and one from Maryland have been accused of participating in a scheme to lure individuals seeking addiction treatment with promises of free care and then fraudulently signing them up for private insurance, according to an Orange County Register report. The scheme is believed…
June 22, 2020
The great recession of 2008 was founded on a web of complex financial relationships. The story is now fairly well understood, but we first had to grasp new terms like collateralized debt obligation. The housing bubble that burst rested on mortgages that never should have been signed. The collapse…
June 22, 2020
American Addiction Centers on Saturday announced that it has filed for bankruptcy as part of a recapitalization plan. The company filed for Chapter 11 relief in U.S. Bankruptcy Court in Delaware.
June 15, 2020
The office of Pennsylvania Attorney General Josh Shapiro announced last week that Muhammad Hadi, owner and operator of Liberation Way, has been sentenced to up to 23 months in prison, a concurrent five years of probation, and $500,000 in restitution for his role in an insurance fraud scheme.
June 11, 2020
Sierra Tucson Group has announced the promotion of Valerie M. Kading, DNP, MBA, MSN, PMHNP-BC, to the position of CEO of the group. She succeeds Jaime Vinck, who has left the organization to pursue other opportunities.
June 11, 2020
Discovery Behavioral Health announced the appointment of Cameron Bolish to the position of CEO of New Hope Ranch, an addiction and mental health services provider in Manor, Texas. Bolish comes to Discovery having held several senior leadership positions with Acadia Healthcare, most recently…
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