Transactions: BayMark Buys Into New Market; More SUD, Eating Disorder Treatment Deals

BayMark Health Services acquires MAT provider

Medication-assisted treatment (MAT) provider BayMark Health Services has announced that it has purchased Washington, D.C.-based Partners in Drug Abuse Rehabilitation Counseling (PIDARC). Terms of the transaction were not disclosed.

PIDARC provides medication assisted treatment services (MAT) like methadone to patients with opioid use disorder (OUD). It also offers substance use disorder (SUD) counseling and linkages to other community resources. Founded in 1971, PIDARC is the oldest and largest methadone MAT program in D.C.

Headquartered in Lewisville, Texas, BayMark operates over 250 clinics across the US and Canada, providing MAT services to more than 66,000 patients. BayMark’s SUD offerings include outpatient and residential care, detox services and office-based opioid treatment programs. It is owned by Webster Equity Partners.

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The purchase of PIDARC is BayMark’s first entry into the DC area.

Footprints to Recovery, Vogue Recovery Centers purchase SUD provider

A couple of months after joining forces, Footprints to Recovery and Vogue Recovery Centers have made an acquisition.

The combined substance use disorder (SUD) treatment services company — which was created as the result of a January merger between Footprints and Vogue — has agreed to purchase Costa Mesa, California-based South Coast Behavioral Health. Terms of the deal were not announced.

South Coast provides medical detox, residential and outpatient treatment services for SUD and other co-occurring disorders, offering both traditional and alternative therapies. Among those insurers in-network with South Coast are Anthem Blue Cross Blue Shield, Cigna and the Department of Defense’s TRICARE, as well as others.

The purchase of South Coast adds a seventh facility to the portfolio of Footprints/Vogue, which have maintained their individual brands since the merger.

The Chicago-based Footprints operates centers in Elgin, Illinois; Centennial, Colorado; and Hamilton, New Jersey. It provides medical detox, inpatient services, and partial hospitalization (PHP) and intensive outpatient (IOP) programming.

Based in Las Vegas, Vogue operates medical detox, luxury inpatient rehabilitation and military veterans treatment services at facilities in its hometown as well as in Phoenix and Tarzana, California.

Footprints and Vogue are owned by CEO Michael Milch.

The Emily Program, Veritas Collaborative close deal

Eating disorder treatment providers The Emily Program and Veritas Collaborative have officially completed their merger less than a month after announcing their intentions to partner up.

Final terms of the transaction were not disclosed.

St. Paul, Minnesota-based The Emily Program and Durham, North Carolina-based Veritas Collaborative originally announced the deal in February. The newly-merged company — under which the providers will retain their respective brands — has a combined 20 locations across Georgia, Minnesota, Ohio, North Carolina, Pennsylvania, Virginia and Washington.

Offerings include outpatient services for groups, individuals and families; PHP, IOP and residential programs; and inpatient care.

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