Pipeline: Hopebridge Continues Expansion; RCA’s New Facilities

Hopebridge announces six new centers 

Hopebridge Autism Therapy Centers will open six new locations in the Denver, Colorado area, starting in October. All of the autism therapy centers will be open by February 2021.

Indianapolis-based Hopebridge — which is backed by Arsenal Capital Partners, a private equity (PE) firm based in New York City —  is one of the largest autism therapy networks in the country. The center-based provider of applied behavior analysis (ABA), diagnostics, occupational therapy and speech therapy has locations in six states.

Hopebridge first entered Colorado in February, at which time it announced plans to open 12 new locations in the state by mid-2021. The company also announced its intention to add eight new Minnesota locations in that time frame.

The new Colorado locations will offer applied behavior analysis (ABA) therapy, diagnostic assessments and other services. Hopebridge has already started scheduling diagnostic assessments and ABA therapy evaluations for all six locations.

RCA opens two new programs

Recovery Centers of America (RCA) — a private equity-backed substance use disorder (SUD) treatment provider — has opened two new opioid use disorder (OUD) treatment programs in New Jersey.

King of Prussia, Pennsylvania-based RCA is financially backed by Deerfield Management Company. It has a mix of more than a dozen inpatient and outpatient locations across Massachusetts, Pennsylvania, Maryland and Illinois. 

The new facilities include a comprehensive medication-assisted treatment (MAT) program in Iselin and an office-based opioid treatment program (OTP) in Somerdale.

The MAT program, Woodbridge Healthcare Clinic, will provide detoxification services and assessments, as well as methadone and suboxone medications and outpatient services. It also touts a program for pregnant women.

Meanwhile, the OTP is located next to RCA’s comprehensive MAT facility, Bravo Medical, in Somerdale.

The announcement of the new programs comes just a few weeks after RCA opened its first Midwestern location. The facility in suburban Chicago started accepting patients earlier this month.

New residential eating disorder treatment center

Monte Nido & Affiliates — a PE-backed eating disorder treatment provider with 25 facilities in 10 states — has opened a new residential center in Lafayette, California.

Malibu, California-based Monte Nido offers the continuum of eating recovery services, from residential to day treatment. It is owned by the PE firm Levine Leichtman Capital Partners.

The new residential center, located just outside San Francisco, will offer programming for adults with a variety of different eating disorders. It will also treat co-occurring substance use, trauma and psychiatric conditions. 

Banyan Treatment Centers opens Delaware facility

Banyan Treatment Centers — one of the nation’s largest privately-owned addiction treatment centers — has opened a new location in Delaware.

The Banyan Delaware will provide detoxification and residential services to those in the Philadelphia, Baltimore and Washington, D.C. regions. It is designed to help people who are struggling with both SUD and mental disorders.

The new facility marks Banyan’s 12th nationwide. It also has facilities in Pennsylvania, Massachusetts, Florida, California and Illinois.

The Delaware location is currently equipped with 32 beds. When construction is complete at the end of 2020, the facility will have 60 beds.