Pipeline: Promises, Spero Open New Facilities; ABA Expansions in Multiple States

Promises Behavioral Health opens new facility in Texas

Promises Behavioral Health has opened its latest facility, an addiction and mental health treatment center in Texas.

Located in College Station, Promises Brazos Valley spans over 50,000 square feet and provides addiction and mental health treatment services to adults and college students.

College Station is home to Texas A&M University.

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Brentwood, Tennessee-based Promises provides treatment services for substance abuse, sexual addiction, trauma, eating disorders and other mental health conditions. The provider operates a family of behavioral health centers across Texas, Tennessee, Florida, Pennsylvania and Massachusetts.

BlueMountain Capital Management launched Promises back in 2019.

Spero Health adds clinic in Tennessee

Opioid treatment provider (OTP) Spero Health is opening the doors to a new clinic in Tennessee.

The clinic, set to open March 11, is located in the Nashville suburb of Madison. It offers a combination of in-person and telehealth services, and will accept TennCare — the state’s Medicaid insurance — as well as most commercial insurance plans.

The Madison clinic was fast-tracked for opening in response to a record number of recent overdose deaths in the state, Spero said in a press release.

Headquartered in Brentwood, Tennessee, Spero is one of the nation’s largest office-based OTPs. It operates over 50 clinics throughout Tennessee, Indiana, Ohio, Kentucky and Virginia. The company is privately held by Frist Cressey Ventures, Health Velocity Capital, Heritage Group and South Central, Inc.

US HealthVest opens new behavioral health hospital

US HealthVest, a developer of behavioral health hospitals, has opened a new Indianapolis-area hospital.

Located in Plainfield, Indiana, Hendricks Behavioral Hospital is the result of a strategic partnership with the health system Hendricks Regional Health.

The new 70,000-square-foot facility is situated on the campus of Hendricks Regional Health. The hospital offers substance use disorder (SUD) treatment services such as detoxification and co-occurring disorder programs, along with psychiatric services including programs for youth, adults, women and seniors.

Hendricks Behavioral Hospital is open 24/7 and contains a crisis center providing free assessments. Services at the hospital will be available to everyone regardless of ability to pay, US HealthVest said in a press release announcing the opening.

Headquartered in New York, US HealthVest operates hospitals in the Indianapolis, Atlanta, Chicago and Seattle markets.

Pinnacle Treatment Centers expands presence in Ohio

SUD treatment operator Pinnacle Treatment Centers has expanded in Ohio with the addition of its newest center in Brilliant.

Brilliant Treatment Services — which is located in Jefferson County, across the Ohio River from West Virginia — is Pinnacle’s 16th opioid addiction treatment facility in the Buckeye State.

The center provides medication-assisted treatment (MAT) services, particularly with methadone. It accepts Medicare, Medicaid, commercial insurance and self-pay.

Headquartered in Mt. Laurel, New Jersey, Pinnacle operates over 115 centers in Ohio, California, Georgia, Indiana, Kentucky, New Jersey, Pennsylvania and Virginia. It provides a continuum of care from medically-monitored detoxification to MAT and everything in between.

Pinnacle is owned by health care private equity firm Linden Capital Partners.

Evolve Treatment Centers deepens footprint

La Mesa, California-based Evolve Treatment Centers has opened its second location in San Diego County.

Located in La Mesa, the Evolve Mount Helix Treatment Center is a residential treatment facility for at-risk youth ages 12 to 17.

Services include addiction recovery support, individual therapy, family therapy, group therapy, psychiatry and psychoeducation. Experiential therapies such as art, music and yoga will also be offered.

Evolve specializes in treating teens with various behavioral health issues, and has more than a dozen facilities across California.

Evolve Treatment Centers is owned by health care-focused growth equity investment firm Galen Partners.

Life Skills Autism Academy expands in Texas

Life Skills Autism Academy, which provides services to children with autism spectrum disorder (ASD), has opened its newest center in Katy, Texas.

The Katy location is Life Skills’ second one in the Houston suburb. It will provide children with applied behavioral analysis (ABA) therapy, which is largely considered the gold standard of ASD care.

Life Skills also operates a third Texas location in Plano. Plus, it will soon open another center in the Dallas-area, along with two other facilities in Mesa, Arizona and Indianapolis.  

Gateway Pediatric Therapy adds new location in Michigan

ABA services provider Gateway Pediatric Therapy has opened a new autism clinic in Michigan.

The clinic is in the town of Owosso, located in Shiawassee County in the central part of Michigan’s Lower Peninsula. The building is over 4,800 square feet, has 15 private therapy rooms and offers expanded in-home services due to the pandemic, according to the Grand Rapids Business Journal.

Gateway operates 10 ABA clinics across Michigan and will soon open another Wolverine State location in Southgate.

Based in Bingham Farms, Michigan, Gateway also operates facilities in Toledo, Ohio and Duluth, Georgia.

Gateway is owned by BrightSpring Health Services.

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