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8 stories published.

August 2026

Deal Watch — Aug 23

Beach House Behavioral Health raised $3.2M

The Florida treatment operator sold $3.2M of a $3.5M offering, disclosed in an SEC filing rather than an announcement.

Analysis — Aug 23

Medicare draws the IOP line at 9 hours a week and PHP at 20 — then prices both off the same per diem

Levels of care as payers actually adjudicate them: the hour thresholds in 42 CFR, the condition codes and APCs that separate PHP from IOP, the codes states use for residential and withdrawal management, and the four places the boundary gets fought.

Denial Decoder — Aug 23

CARC 16 with MA130 is a returned claim, not a denial — and it carries no appeal rights

A working reference to the CARC and RARC combinations that actually land on behavioral health remittances: what each code says, why it fires in a BH context, and whether the answer is resubmit, correct, or appeal.

Analysis — Aug 23

DOL has not enforced the 2024 parity rule since May 15, 2025 — the statute behind it still applies

What MHPAEA actually requires, what an NQTL comparative analysis contains, and what two years of federal enforcement produced — read against a final rule that is codified, effective, and deliberately not enforced.

Analysis — Aug 23

POS 10 pays $31.73 more than POS 02 on a Medicare telehealth therapy hour

One digit on the claim moves a 60-minute session from $135.27 to $167.00. The place-of-service rule, what CMS actually instructs for each telehealth modifier, and why behavioral health keeps flexibilities that general telehealth loses at the end of 2027.

Analysis — Aug 22

Medicare pays $167.00 for a 60-minute therapy session in 2026

The full behavioral health fee schedule, pulled from CMS: every psychotherapy and testing code, work RVUs, and what the 2026 conversion factor actually does to your rate.

Deal Watch — Aug 21

Advanced Recovery Systems bought Promises, creating a 24-facility operator across 14 states

Two sponsor-backed addiction platforms combined in a market where the exit door has closed. If you compete with them, refer to them, or bill for them, three things change.

Analysis — Aug 21

Medicaid psychotherapy spending hit $6.68 billion, up 156% in seven years

Higher payment per service drove most of it, not more providers. That is the detail that decides whether your rates hold when utilization review catches up.