Pipeline: MAT Expansions at SaVida, Spero Health; Monte Nido Enters Second Southeastern State

Monte Nido expands into second Southeastern state

Monte Nido & Affiliates has opened a new residential eating disorder treatment center in Georgia. With the new facility, which is located just outside of Atlanta, the provider has planted its second flag in the Southeast.

Malibu, California-based Monte Nido is a private equity-backed eating disorder treatment provider with 30 programs across 11 states. It offers inpatient, residential and day treatment programs. Founded in 1996, Monte Nido is owned by Levine Leichtman Capital Partners.

Monte Nido Atlanta represents the company’s second expansion in the Southeast, with its entrance into the state of Florida being the first.


The center will serve all patients of all genders and sexual orientations. It will offer programming for anorexia nervosa, bulimia nervosa, eating disorders and exercise dependency, while also treating co-occurring substance use disorders, traumas and psychiatric presentations.

SaVida Health opens new MAT clinic

SaVida Health has opened a new medication-assisted treatment (MAT) clinic in Vermont. The new location is SaVida’s seventh in the state.

Headquartered in Nashville, Tennessee, SaVida is an outpatient MAT provider. It operates 22 outpatient treatment centers in Vermont, Massachusetts, Maine, Virginia and Delaware. The company is backed by the PE firm Council Capital, which made a control investment in SaVida back in 2017.


SaVida’s new Vermont location is licensed to prescribe medications like Suboxone and Vivitrol, as well as to offer psych medication management, medical care, counseling and case management.

Spero Health deepens footprint in Tennessee

Spero Health has added a new clinic in Tennessee, deepening its footprint in its home state.

Headquartered in Nashville, Spero Health is an integrated healthcare services organization. WIth more than 40 outpatient clinics across Kentucky, Ohio, Indiana, Tennessee and Virginia, Spero bills itself as one of the nation’s largest office-based opioid treatment providers. It is privately held by Heritage Group, Health Velocity Capital, South Central, Inc. and Frist Cressey Ventures.

The new facility, located in Seymour, will offer physician services such as MAT, behavioral health counseling, recovery support, medication management and more.

Massachusetts health system adds addiction immediate care

A health system in Massachusetts has added a new immediate care center specifically for addiction treatment. Harrington HealthCare System opened the facility earlier this month.

Southbridge, Massachusetts-based Harrington is a comprehensive regional health system that serves more than 21 communities across south central Massachusetts and northeastern Connecticut.

The new Addiction Immediate Care will further bolster Harrington’s behavioral health programming, which is among the largest in the region. It will offer urgent and ongoing care for people struggling with addiction. Clinicians are licensed to prescribe suboxone, vivitrol, methadone and naltrexone, as well as to evaluate and treat related mental health conditions.

Companies featured in this article:

, , ,