Behavioral Health Focus Shifts to Provider Quality as Medicaid Faces Uncertainty

Behavioral health dealmaking has risen steadily in 2025, falling short of the blockbuster year analysts had predicted. That tempered growth reflects two primary factors: uncertainty in the Medicaid market, one of the top payers in the behavioral health space, and the continued pressures of high interest rates and wage inflation. “Given the importance of Medicaid …within the behavioral health ecosystem… [OBBBA] creates uncertainty, and that’s what has transpired this year,” Keith Farrow, managing director at Nautic Partners, said at Behavioral Health Business’ INVEST.

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Source: https://bhbusiness.com/2025/10/28/behavioral-health-focus-shifts-to-provider-quality-as-medicaid-faces-uncertainty/

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