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Behavioral Healthcare Options

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uuid000ze7l

Namestring
Behavioral Healthcare Options
Legal namestring
Behavioral Healthcare Options, Inc.
Websiteurl
bhoptions.com
Company typeenum
Private
Founded yearint
1991
Descriptiontext

Behavioral Healthcare Options (BHO), founded in 1991 and headquartered in Las Vegas, is a privately held behavioral health management company that operates as a subsidiary or affiliate of Health Plan of Nevada. It delivers Employee Assistance Programs (notably the TLC "The Life Connection" sub-brand), specialty behavioral health services covering mental health and substance use, 24/7 crisis intervention, utilization management, behavioral health case management, and multi-disciplinary PPO provider network administration. Its provider network is credentialed and recredentialed on a three-year cycle to NCQA standards, and its utilization management function holds full URAC accreditation.

Under the hood, BHO runs a behavioral health management platform combining telephonic and online intake (bhoptions.eapintake.com), utilization management workflows (prior authorization, concurrent and retrospective review, discharge planning), case management, provider credentialing, and health informatics/reporting. The platform integrates with third-party digital tools including NowClinic virtual counseling, the Help Where You Are and Advantage Engagement work-life resource portals, and Microsoft Teams for virtual EAP events. Core customers include Health Plan of Nevada, Sierra Health and Life, Health Plan of Nevada Medicaid, and Southwest Medical; BHO also sells through broker/agent channels to employer clients.

The business model is predominantly B2B and recurring: multi-year subscription/managed-services contracts with employers, health plans, and government health programs for EAP delivery, UM, and network administration. End users (employees and household members) access services at no cost up to a predetermined number of sessions, with the employer or health plan funding the program as part of its benefits package. Geographic reach is anchored in Nevada with documented capability to build out additional PPO networks in new US regions within 30 to 60 days.

Short descriptiontext

Behavioral Healthcare Options (BHO) is a URAC-accredited, Las Vegas-based behavioral health administrator and Employee Assistance Program provider serving Nevada-based health plans, employers, brokers, and government Medicaid programs through credentialed PPO networks and utilization management services.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersLas Vegas, United States
HQ citystring
Las Vegas
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
employee assistance program, behavioral health services, utilization management, provider network administration, mental health treatment
Industry4 codes
1Employee Assistance Programs (EAP) Management
CodeHLAEAHABPrimaryYes
2Care Management & Population Health Program Administration
CodeHLAEALAGPrimaryNo
3Behavioral Health PPO Networks
CodeHLAEANAGPrimaryNo
4Benefits Administration
CodeBPACAPACPrimaryNo
NAICS code1 code
  • Outpatient Mental Health and Substance Abuse Centers621420
SIC code1 code
  • Services-Health Services8000
Product category
Behavioral Health Management Services
No data
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Employee Assistance Program (EAP) Services
TypeSubscription Recurring
Description

B2B EAP services provided to employers as part of employee benefit packages. Services are offered at no cost to eligible members, with employers funding the program as part of their benefits strategy. Includes assessment, short-term counseling, referral and follow-up services.

bhoptions.com
2Behavioral Health Network Administration
TypeManaged Services
Description

Specialty behavioral health and provider network administrative services including utilization management and case management for health plans and self-insured employers.

bhoptions.com
3Utilization Management Services
TypeManaged Services
Description

Comprehensive UM services including prior authorization, concurrent/retrospective review, and discharge planning, furnished to health plans and employers.

bhoptions.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Pricing details1 tier
1EAP services at no cost to eligible members
ModelSubscriptionBilling cadenceMulti-year contract
Notes

Services available at no cost to eligible employees and their household members. The predetermined number of sessions are provided directly by EAP counselors at no charge.

bhoptions.com
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 2 records shown
1The Life Connection (TLC)
Description

Employee Assistance and Work-Life Program providing counseling, consultations, and resources for employees and families.

bhoptions.com
+1 more record
Core offering1 text field

Behavioral Healthcare Options delivers managed behavioral health and Employee Assistance Program (EAP) services to employers, brokers, and health plans, including The Life Connection (TLC) EAP, specialty mental health and substance abuse treatment, 24/7 crisis intervention, work-life services, and a multi-disciplinary PPO provider network. The company also provides backend utilization management, case management, network administration, and health risk assessment / wellness programs on multi-year subscription contracts.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Up to 20 percent of employees may have problems affecting job performance at any given time
+2 more records
Product overview1 text field

Behavioral Healthcare Options (BHO) provides a unified behavioral health and employee assistance program platform consisting of multiple integrated services. The core offerings include The Life Connection (TLC) Employee Assistance Program, Specialty Behavioral Health Services, Crisis Intervention Services, and Preferred Provider Organization (PPO) Networks. These are supplemented by administrative modules including Behavioral Health Utilization Management, Case Management Services, Network Administration, Health Risk Assessments, Wellness Programs with Health Coaching, and Health Informatics and Reporting. The Life Connection EAP serves as the primary entry point for employees seeking counseling, referrals, and work-life resources, while the PPO Networks provide access to credentialed mental health and substance abuse providers throughout the country. The platform emphasizes integration across all services to deliver coordinated care for members facing behavioral health challenges.

Product and service12 records
1The Life Connection (TLC) Employee Assistance Program
CategoryEmployee Assistance Program
Description

An employee assistance program providing assessment, short-term counseling, referral, and follow-up services to help employees and their families address personal problems affecting work and home life. A predetermined number of sessions are available at no cost to eligible members and their dependents.

2Specialty Behavioral Health Services
CategoryBehavioral Health Treatment
Description

A full range of specialized behavioral health products and services covering mental health and substance use treatment, distinguished by clinical and administrative excellence. Includes inpatient and outpatient services, crisis stabilization, and treatment coordination.

3Crisis Intervention Services
CategoryBehavioral Health Treatment
Description

24/7 crisis intervention services for members experiencing behavioral health emergencies, available by telephone through the BHO intake line.

4Work-Life Services
CategoryWork-Life and EAP Support
Description

Telephonic consultations with licensed professionals for legal advice, financial planning, childcare and elder care referrals, plus written information, resources, and access to online work-life platforms.

5Preferred Provider Organization (PPO) Networks
CategoryProvider Network
Description

Multi-disciplinary specialty provider networks covering mental health and substance abuse, including psychiatrists, marriage and family therapists, licensed alcohol and drug counselors, and clinical social workers. Facilities and providers are credentialed and recredentialed every three years per NCQA standards.

6Behavioral Health Utilization Management
CategoryUtilization Management
Description

Systematic approach to managing behavioral health care needs including prior authorization, concurrent and retrospective review, and discharge planning, furnished to health plans and employers. URAC-accredited.

7Behavioral Health Case Management Services
CategoryCase Management
Description

Coordination with providers by licensed clinical case managers experienced in mental health and substance abuse disorders to meet members' needs across the care continuum.

8Behavioral Health Network Administration
CategoryNetwork Administration
Description

Administration services for multi-disciplinary PPO provider networks, including provider credentialing and recredentialing every three years per NCQA standards. Includes the ability to develop tailored networks in 30 to 60 days.

9Management and Human Resources Consulting
CategoryConsulting and Training
Description

Consultation and training services for human resource professionals, managers, and supervisors to assist with employee performance, organizational well-being, and productivity, including supervisory training and critical incident response.

10Health Risk Assessments
CategoryWellness and Risk Assessment
Description

Individual assessments and disease-specific interventions designed to help members identify behaviors that may increase risk for accident or illness, integrated with EAP and wellness offerings.

11Wellness Program including Health Coaching
CategoryWellness Program
Description

Wellness program that integrates with EAP services and other benefits, promoting employee health and well-being through coaching and behavior change support.

12Health Informatics and Reporting
CategoryAnalytics and Reporting
Description

Customized quarterly and annual program utilization reports providing population profiling, trends, costs, and clinical outcomes data for employer and health plan clients.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Health Plan of Nevada is a primary partner through which BHO provides behavioral health services to members. BHO provides mental health, substance abuse services, and EAP benefits for Health Plan of Nevada members.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Sierra Health and Life partners with BHO to provide behavioral health network services and utilization management for their member populations.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

BHO provides provider network administration services for Health Plan of Nevada Medicaid program, offering multi-disciplinary PPO networks for behavioral health services.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Evernorth, the health services arm of Cigna, includes behavioral health and EAP offerings delivered through employer-sponsored benefit plans. Comparable to BHO as a parented MBHO with similar distribution to employer and health plan customers, though operating at vastly larger scale within a national carrier.

TypeBroad incumbent
Description

Magellan Health is a large managed behavioral health organization providing behavioral health benefits administration, EAP, and specialty network services to health plans and employers. Now part of Centene, it is comparable to BHO as a broad incumbent MBHO with PPO network administration and UM capabilities, though it operates at much greater scale.

TypeDirect peer
Description

ComPsych is the largest independent EAP and behavioral health provider in the U.S., offering assessment, counseling, referral, utilization management, and work-life services to employers. It is the closest direct competitor to BHO's TLC EAP and PPO network offering, competing head-to-head in broker-sold employer benefits.

TypeEmerging player
Description

Modern Health is a global mental health platform offering counseling, coaching, and EAP-adjacent services to employers and employees. Comparable to BHO's employer-sponsored EAP and work-life offerings, with overlap in target customer (HR/benefits buyers) but differentiated by virtual-first delivery.

TypeEmerging player
Description

Spring Health provides precision mental health benefits including EAP, therapy, and coaching to employers. Comparable to BHO in employer-sponsored behavioral health positioning, but operates at a much larger recent scale and competes for the same broker-sold employer RFPs.

TypeEmerging player
Description

Lyra Health is a digital-first mental health benefits platform providing EAP-style services, teletherapy, and coaching to employer clients. Directly comparable to BHO's employer-sponsored behavioral health offering but differentiated by a tech-native delivery model that pressures traditional MBHOs on access speed.

TypeDirect peer
Description

CuraLinc Healthcare is an independent EAP and behavioral health provider offering employee assistance, work-life, and behavioral health network services to employers. Highly comparable to BHO in product mix, customer profile (mid-market employers via brokers), and operating scale.

TypeDirect peer
Description

Health Advocate is an employee assistance and health advocacy provider offering EAP, work-life, and behavioral health navigation services to employers and health plans. Directly comparable to BHO's employer-sponsored EAP and work-life product set, with similar broker-channel go-to-market.

TypeBroad incumbent
Description

Sentara Health Plans and similar payer-affiliated MBHOs deliver EAP and behavioral health network services as part of broader health plan offerings. Comparable to BHO in that they are health-plan-owned behavioral health arms, mirroring BHO's positioning under Health Plan of Nevada.

TypeBroad incumbent
Description

Optum Behavioral Health, part of UnitedHealth Group, is BHO's sibling entity under the same parent ecosystem and the largest behavioral health network in the U.S. Highly comparable in product set (EAP, UM, PPO network) and customer base, but with national scale that BHO currently lacks.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration4 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Behavioral Healthcare Options

Behavioral Health Management Servicesbhoptions.com

Behavioral Healthcare Options (BHO) is a URAC-accredited, Las Vegas-based behavioral health administrator and Employee Assistance Program provider serving Nevada-based health plans, employers, brokers, and government Medicaid programs through credentialed PPO networks and utilization management services.

What Behavioral Healthcare Options does

Behavioral Healthcare Options (BHO), founded in 1991 and headquartered in Las Vegas, is a privately held behavioral health management company that operates as a subsidiary or affiliate of Health Plan of Nevada. It delivers Employee Assistance Programs (notably the TLC "The Life Connection" sub-brand), specialty behavioral health services covering mental health and substance use, 24/7 crisis intervention, utilization management, behavioral health case management, and multi-disciplinary PPO provider network administration. Its provider network is credentialed and recredentialed on a three-year cycle to NCQA standards, and its utilization management function holds full URAC accreditation.

Under the hood, BHO runs a behavioral health management platform combining telephonic and online intake (bhoptions.eapintake.com), utilization management workflows (prior authorization, concurrent and retrospective review, discharge planning), case management, provider credentialing, and health informatics/reporting. The platform integrates with third-party digital tools including NowClinic virtual counseling, the Help Where You Are and Advantage Engagement work-life resource portals, and Microsoft Teams for virtual EAP events. Core customers include Health Plan of Nevada, Sierra Health and Life, Health Plan of Nevada Medicaid, and Southwest Medical; BHO also sells through broker/agent channels to employer clients.

The business model is predominantly B2B and recurring: multi-year subscription/managed-services contracts with employers, health plans, and government health programs for EAP delivery, UM, and network administration. End users (employees and household members) access services at no cost up to a predetermined number of sessions, with the employer or health plan funding the program as part of its benefits package. Geographic reach is anchored in Nevada with documented capability to build out additional PPO networks in new US regions within 30 to 60 days.

Behavioral Healthcare Options firmographics

Firmographics
Name
Behavioral Healthcare Options
Legal name
Behavioral Healthcare Options, Inc.
Website
https://bhoptions.com
Company type
Private
Founded year
1991
Operating status
Operating
Headcount range
51–100 employees
Short description
Behavioral Healthcare Options (BHO) is a URAC-accredited, Las Vegas-based behavioral health administrator and Employee Assistance Program provider serving Nevada-based health plans, employers, brokers, and government Medicaid programs through credentialed PPO networks and utilization management services.
Ownership category
akta.pro rank

Behavioral Healthcare Options industry classification

Industry
Product category
Behavioral Health Management Services
NAICS
Outpatient Mental Health and Substance Abuse Centers (621420)
SIC
Services-Health Services (8000)
akta.pro primary industry
Employee Assistance Programs (EAP) Management (HLAEAHAB)
akta.pro secondary industries
Care Management & Population Health Program Administration (HLAEALAG), Behavioral Health PPO Networks (HLAEANAG), Benefits Administration (BPACAPAC)

Keywords

  • Employee assistance program
  • Behavioral health services
  • Utilization management
  • Provider network administration
  • Mental health treatment

Where Behavioral Healthcare Options is headquartered

Location

Headquarters

HQ city
Las Vegas
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Behavioral Healthcare Options business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

  1. Employee Assistance Program (EAP) Services: B2B EAP services provided to employers as part of employee benefit packages. Services are offered at no cost to eligible members, with employers funding the program as part of their benefits strategy. Includes assessment, short-term counseling, referral and follow-up services.
  2. Behavioral Health Network Administration: Specialty behavioral health and provider network administrative services including utilization management and case management for health plans and self-insured employers.
  3. Utilization Management Services: Comprehensive UM services including prior authorization, concurrent/retrospective review, and discharge planning, furnished to health plans and employers.

Pricing tiers

ModelBillingPrice
SubscriptionMulti-year contractEAP services at no cost to eligible members

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Behavioral Healthcare Options product offering

Product offering

Core offering

Behavioral Healthcare Options delivers managed behavioral health and Employee Assistance Program (EAP) services to employers, brokers, and health plans, including The Life Connection (TLC) EAP, specialty mental health and substance abuse treatment, 24/7 crisis intervention, work-life services, and a multi-disciplinary PPO provider network. The company also provides backend utilization management, case management, network administration, and health risk assessment / wellness programs on multi-year subscription contracts.

Product overview

Behavioral Healthcare Options (BHO) provides a unified behavioral health and employee assistance program platform consisting of multiple integrated services. The core offerings include The Life Connection (TLC) Employee Assistance Program, Specialty Behavioral Health Services, Crisis Intervention Services, and Preferred Provider Organization (PPO) Networks. These are supplemented by administrative modules including Behavioral Health Utilization Management, Case Management Services, Network Administration, Health Risk Assessments, Wellness Programs with Health Coaching, and Health Informatics and Reporting. The Life Connection EAP serves as the primary entry point for employees seeking counseling, referrals, and work-life resources, while the PPO Networks provide access to credentialed mental health and substance abuse providers throughout the country. The platform emphasizes integration across all services to deliver coordinated care for members facing behavioral health challenges.

Differentiator

Problem solved

Functional benefit

Brands

  • The Life Connection (TLC): Employee Assistance and Work-Life Program providing counseling, consultations, and resources for employees and families.
  • BHO Advantage

Products and services

  • The Life Connection (TLC) Employee Assistance Program An employee assistance program providing assessment, short-term counseling, referral, and follow-up services to help employees and their families address personal problems affecting work and home life. A predetermined number of sessions are available at no cost to eligible members and their dependents.
  • Specialty Behavioral Health Services A full range of specialized behavioral health products and services covering mental health and substance use treatment, distinguished by clinical and administrative excellence. Includes inpatient and outpatient services, crisis stabilization, and treatment coordination.
  • Crisis Intervention Services 24/7 crisis intervention services for members experiencing behavioral health emergencies, available by telephone through the BHO intake line.
  • Work-Life Services Telephonic consultations with licensed professionals for legal advice, financial planning, childcare and elder care referrals, plus written information, resources, and access to online work-life platforms.
  • Preferred Provider Organization (PPO) Networks Multi-disciplinary specialty provider networks covering mental health and substance abuse, including psychiatrists, marriage and family therapists, licensed alcohol and drug counselors, and clinical social workers. Facilities and providers are credentialed and recredentialed every three years per NCQA standards.
  • Behavioral Health Utilization Management Systematic approach to managing behavioral health care needs including prior authorization, concurrent and retrospective review, and discharge planning, furnished to health plans and employers. URAC-accredited.
  • Behavioral Health Case Management Services Coordination with providers by licensed clinical case managers experienced in mental health and substance abuse disorders to meet members' needs across the care continuum.
  • Behavioral Health Network Administration Administration services for multi-disciplinary PPO provider networks, including provider credentialing and recredentialing every three years per NCQA standards. Includes the ability to develop tailored networks in 30 to 60 days.
  • Management and Human Resources Consulting Consultation and training services for human resource professionals, managers, and supervisors to assist with employee performance, organizational well-being, and productivity, including supervisory training and critical incident response.
  • Health Risk Assessments Individual assessments and disease-specific interventions designed to help members identify behaviors that may increase risk for accident or illness, integrated with EAP and wellness offerings.
  • Wellness Program including Health Coaching Wellness program that integrates with EAP services and other benefits, promoting employee health and well-being through coaching and behavior change support.
  • Health Informatics and Reporting Customized quarterly and annual program utilization reports providing population profiling, trends, costs, and clinical outcomes data for employer and health plan clients.

Quantifiable outcome

  • Up to 20 percent of employees may have problems affecting job performance at any given time
  • +2 more outcomes

Companies that use Behavioral Healthcare Options

Customer profile

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Behavioral Healthcare Options technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Behavioral Healthcare Options partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core.

  • Health Plan of NevadacoreChannel Partner/ Reseller/ DistributorHealth Plan of Nevada is a primary partner through which BHO provides behavioral health services to members. BHO provides mental health, substance abuse services, and EAP benefits for Health Plan of Nevada members.
  • Sierra Health and LifecoreChannel Partner/ Reseller/ DistributorSierra Health and Life partners with BHO to provide behavioral health network services and utilization management for their member populations.
  • Health Plan of Nevada MedicaidcoreChannel Partner/ Reseller/ DistributorBHO provides provider network administration services for Health Plan of Nevada Medicaid program, offering multi-disciplinary PPO networks for behavioral health services.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Behavioral Healthcare Options competitors and assessment

Company assessment

Broad incumbents

  • Evernorth Behavioral Health (Cigna): Evernorth, the health services arm of Cigna, includes behavioral health and EAP offerings delivered through employer-sponsored benefit plans. Comparable to BHO as a parented MBHO with similar distribution to employer and health plan customers, though operating at vastly larger scale within a national carrier.
  • Magellan Health: Magellan Health is a large managed behavioral health organization providing behavioral health benefits administration, EAP, and specialty network services to health plans and employers. Now part of Centene, it is comparable to BHO as a broad incumbent MBHO with PPO network administration and UM capabilities, though it operates at much greater scale.
  • Sentara Health Plans / Anthem EAP services: Sentara Health Plans and similar payer-affiliated MBHOs deliver EAP and behavioral health network services as part of broader health plan offerings. Comparable to BHO in that they are health-plan-owned behavioral health arms, mirroring BHO's positioning under Health Plan of Nevada.
  • Optum Behavioral Health: Optum Behavioral Health, part of UnitedHealth Group, is BHO's sibling entity under the same parent ecosystem and the largest behavioral health network in the U.S. Highly comparable in product set (EAP, UM, PPO network) and customer base, but with national scale that BHO currently lacks.

Direct peers

  • ComPsych: ComPsych is the largest independent EAP and behavioral health provider in the U.S., offering assessment, counseling, referral, utilization management, and work-life services to employers. It is the closest direct competitor to BHO's TLC EAP and PPO network offering, competing head-to-head in broker-sold employer benefits.
  • CuraLinc Healthcare: CuraLinc Healthcare is an independent EAP and behavioral health provider offering employee assistance, work-life, and behavioral health network services to employers. Highly comparable to BHO in product mix, customer profile (mid-market employers via brokers), and operating scale.
  • Health Advocate (West Corporation): Health Advocate is an employee assistance and health advocacy provider offering EAP, work-life, and behavioral health navigation services to employers and health plans. Directly comparable to BHO's employer-sponsored EAP and work-life product set, with similar broker-channel go-to-market.

Emerging players

  • Modern Health: Modern Health is a global mental health platform offering counseling, coaching, and EAP-adjacent services to employers and employees. Comparable to BHO's employer-sponsored EAP and work-life offerings, with overlap in target customer (HR/benefits buyers) but differentiated by virtual-first delivery.
  • Spring Health: Spring Health provides precision mental health benefits including EAP, therapy, and coaching to employers. Comparable to BHO in employer-sponsored behavioral health positioning, but operates at a much larger recent scale and competes for the same broker-sold employer RFPs.
  • Lyra Health: Lyra Health is a digital-first mental health benefits platform providing EAP-style services, teletherapy, and coaching to employer clients. Directly comparable to BHO's employer-sponsored behavioral health offering but differentiated by a tech-native delivery model that pressures traditional MBHOs on access speed.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

Behavioral Healthcare Options compliance and trust

Trust signal

Compliance2 records

Behavioral Healthcare Options financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Behavioral Healthcare Options leadership team

Management profile

Number of profiles

Behavioral Healthcare Options funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Behavioral Healthcare Options M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Behavioral Healthcare Options

What does Behavioral Healthcare Options do?

Behavioral Healthcare Options delivers managed behavioral health and Employee Assistance Program (EAP) services to employers, brokers, and health plans, including The Life Connection (TLC) EAP, specialty mental health and substance abuse treatment, 24/7 crisis intervention, work-life services, and a multi-disciplinary PPO provider network. The company also provides backend utilization management, case management, network administration, and health risk assessment / wellness programs on multi-year subscription contracts.

Is Behavioral Healthcare Options a public or private company?

Behavioral Healthcare Options is a private company. It is classified as corporate owned and is currently operating.

When was Behavioral Healthcare Options founded?

Behavioral Healthcare Options was founded in 1991. It employs 51 to 100 people.

Where is Behavioral Healthcare Options based?

Behavioral Healthcare Options is headquartered in Las Vegas, United States, in the North America region.

How does Behavioral Healthcare Options make money?

Three revenue lines are on record. Employee Assistance Program (EAP) Services are the primary driver. The others are behavioral Health Network Administration and utilization Management Services.

Who are Behavioral Healthcare Options's main competitors?

Broad incumbents on record are Evernorth Behavioral Health (Cigna), Magellan Health, Sentara Health Plans / Anthem EAP services and Optum Behavioral Health. Direct peers are ComPsych, CuraLinc Healthcare and Health Advocate (West Corporation). Emerging players are Modern Health, Spring Health and Lyra Health.

Does Behavioral Healthcare Options have an API?

No public API is recorded for Behavioral Healthcare Options.

What industry is Behavioral Healthcare Options in?

Behavioral Healthcare Options's product category is Behavioral Health Management Services. Its primary akta.pro industry code is HLAEAHAB, Employee Assistance Programs (EAP) Management, with a secondary code of HLAEALAG, Care Management & Population Health Program Administration. Its NAICS code is 621420 and its SIC code is 8000.

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