Market Research Report: Alaska Behavioral Health

Background

Overview

Alaska Behavioral Health, formerly known as Anchorage Community Mental Health Services, Inc. (ACMHS), is a private, not-for-profit organization established on June 11, 1974. The organization provides comprehensive behavioral healthcare services to individuals across Alaska, including those in Anchorage, Fairbanks, and the Matanuska-Susitna (Mat-Su) Valley. In 2020, the organization adopted the "doing business as" (dba) name Alaska Behavioral Health to better reflect the breadth of services and locations it serves.

Mission and Vision

Mission: To strengthen Alaska communities and improve the lives of clients by delivering exceptional behavioral healthcare services.

Vision: Wellness for Everyone.

Primary Area of Focus

Alaska Behavioral Health focuses on providing mental health services to children and adults experiencing a wide range of behavioral health issues, from severe emotional disturbances in children to serious mental illnesses in adults, with or without co-occurring substance use disorders.

Industry Significance

As the largest community-based mental health provider in Alaska, Alaska Behavioral Health plays a critical role in addressing the behavioral health needs of Alaskans, offering services that promote recovery and wellness.

Key Strategic Focus

Core Objectives

Enhance access to comprehensive behavioral health services across Alaska.

Promote recovery and wellness through consumer-driven care.

Reduce the stigma associated with mental health and substance use disorders.

Specific Areas of Specialization

Trauma-informed care for children and youth.

Integrated dual diagnosis training for adult service providers.

Intensive supports for individuals with severe mental illnesses or co-occurring disorders.

Key Technologies Utilized

Telehealth services to reach clients statewide.

Evidence-based therapeutic modalities tailored to individual needs.

Primary Markets or Conditions Targeted

Children with severe emotional disturbances.

Adults with severe mental illnesses, including those with co-occurring substance use disorders.

Financials and Funding

Funding History

Alaska Behavioral Health has been financed through a combination of public and private grants, revenues generated from fees for services, and donations. Over the years, the organization has experienced growth, leading to the expansion of programs and facilities.

Total Funds Raised

In the fiscal year ending June 2024, the organization reported revenue of $36.1 million.

Recent Funding Rounds

Specific details regarding recent funding rounds are not publicly disclosed.

Notable Investors

As a non-profit organization, Alaska Behavioral Health does not have traditional investors. Its funding sources include federal and state grants, Medicaid reimbursements, and private donations.

Intended Utilization of Capital

The capital is utilized to expand and enhance behavioral health services, improve facilities, and support the organization's mission of promoting recovery and wellness.

Pipeline Development

Key Pipeline Candidates

Alaska Behavioral Health offers a range of services, including:

Family Services/Alaska Child Trauma Center: Provides trauma-focused services to children aged 3-12 who have experienced complex trauma.

Military Family Child Trauma Program: Offers therapeutic services for children and families affiliated with any branch of the military.

Adult Team: Provides psychotherapy for adults with serious mental illness, including case management and skills development.

Stages of Clinical Trials or Product Development

As a behavioral health service provider, Alaska Behavioral Health does not engage in clinical trials or product development.

Target Conditions

Severe emotional disturbances in children.

Serious mental illnesses in adults, with or without co-occurring substance use disorders.

Relevant Timelines for Anticipated Milestones

Specific timelines for program developments or milestones are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

Alaska Behavioral Health utilizes telehealth platforms to provide services statewide, ensuring access to care for individuals in remote areas.

Significant Scientific Methods

Trauma-informed care approaches.

Integrated dual diagnosis training for service providers.

AI-Driven Capabilities

There is no publicly available information indicating the use of AI-driven capabilities within the organization's services.

Leadership Team

Key Executive Profiles

James Myers: Chief Executive Officer. Responsible for overall strategic direction and operations.

Curt Wengel: Chief Medical Officer. Oversees medical services and clinical operations.

Marybeth Goodman: Clinic Director. Manages day-to-day clinic operations.

Leadership Changes

Specific details regarding recent leadership changes are not publicly disclosed.

Competitor Profile

Market Insights and Dynamics

The behavioral health market in Alaska is characterized by a high demand for services, particularly in remote and underserved areas. The state's unique challenges, including geographic isolation and limited access to care, contribute to the complexity of service delivery.

Competitor Analysis

Key competitors in the Alaskan behavioral health sector include:

Alaska Psychiatric Institute: Provides inpatient and outpatient mental health services with a capacity of 72 beds.

Southcentral Foundation: A healthcare organization serving Alaska Native and American Indian people, offering a range of medical and human services.

Alaska Native Tribal Health Consortium: Provides health services to Alaska Natives and American Indians, including behavioral health services.

Strategic Collaborations and Partnerships

Alaska Behavioral Health is a partner of the National Child Traumatic Stress Network, enhancing its capacity to provide specialized services for children and youth.

Operational Insights

Alaska Behavioral Health differentiates itself through its statewide reach, offering services in Anchorage, Fairbanks, and Wasilla, as well as via telehealth. This extensive coverage allows the organization to serve a diverse population across Alaska.

Strategic Opportunities and Future Directions

Opportunities for Alaska Behavioral Health include expanding telehealth services to further reach remote communities, enhancing trauma-informed care programs, and strengthening partnerships with other healthcare providers to offer integrated services.