MedOptions

Established in 1996, MedOptions operates as a specialized provider of behavioral health services, focusing on the geriatric population within long-term care settings. The company was acquired by LifeStance Health on April 30, 2021, and previously by Pediatrix Medical Group in 2020.

The business model is centered on partnering with skilled nursing facilities and assisted living communities across the United States to deliver integrated behavioral healthcare. MedOptions' revenue is generated by providing these specialized clinical services directly to the facilities. Its target clients are long-term care organizations that require outsourced mental health expertise for their residents. By embedding its clinical teams, MedOptions addresses the complex behavioral health needs of the elderly, including dementia, Alzheimer's disease, and other mental health conditions.

A significant milestone in the company's history was the acquisition of Vericare in May 2016, which at the time was the second-largest provider in the sector. This strategic move positioned MedOptions as the sole national provider of outsourced behavioral health services to long-term care facilities, expanding its reach to over 1,500 facilities. In response to evolving healthcare delivery models, the company launched MedOptions Connect™ in late 2016, a telehealth platform designed to extend mental health services to patients in more remote or underserved areas.

The company's service portfolio is comprehensive, offering memory care evaluations, psychiatric assessments, medication management, and behavioral interventions. Care is delivered by multidisciplinary teams composed of psychiatrists, psychologists, nurse practitioners, and licensed clinical social workers, who work collaboratively to create individualized treatment plans. This team-based approach aims to manage symptoms, reduce the use of antipsychotic medications, and ultimately decrease preventable hospital readmissions, thereby improving the quality of life for residents.

Keywords: behavioral health services, geriatric mental health, skilled nursing facilities, assisted living communities, long-term care, memory care, medication management, telepsychiatry, outsourced clinical services, elder care, dementia care, Alzheimer's care, clinical psychology, psychiatric services, behavioral interventions, patient care, healthcare provider, MedOptions Connect, LifeStance Health, integrated care