Mt. Laurel, New Jersey-based substance use disorder (SUD) treatment provider Pinnacle Treatment Centers has acquired HealthQwest, a medication-assisted treatment (MAT) provider serving the state of Georgia. The deal is Pinnacle’s first in the state.
Financial terms of the transaction were not announced.
Pinnacle offers comprehensive addiction treatment service to nearly 31,000 patients per day across California, Indiana, Kentucky, New Jersey, Ohio, Pennsylvania, Virginia and now Georgia. Through its 115 community-based locations, the provider offers services that span the continuum of care, from medically-monitored detoxification to MAT and everything in between.
Meanwhile, HealthQwest offers MAT and medical withdrawal services across five outpatient centers in Georgia, where it is a licensed narcotic treatment program (NTP). Founded in 2008, HealthQwest serves nearly 1,100 patients per day.
Both organizations accept Medicaid, Medicare and commercial insurance, as well as private pay options.
The acquisition expands Pinnacle’s footprint and capability of treating opioid use disorder.
As part of the deal, HealthQwest will keep its name. Former HealthQwest co-owner Gina Carr will remain on staff as Pinnacle’s lead pharmacist, while her counterpart Pamela Marfell — who formerly served as CEO, administrator and co-owner of HealthQwest — will serve as a consultant for Pinnacle.
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