Spero Health adds new clinic
Spero Health has added a new substance use disorder (SUD) treatment facility in Henderson, Kentucky.
Headquartered in the Nashville area, Spero Health is one of the nation’s largest office-based opioid treatment providers (OTPs). It has more than 50 clinics across Kentucky, Ohio, Indiana, Virginia and Tennessee. The company is privately held by Heritage Group, Health Velocity Capital, South Central, Inc. and Frist Cressey Ventures.
The new location will offer in-person and telehealth visits. Like the Spero’s other clinics, it will be in-network with Medicaid and most commercial insurance plans.
Outreach Recovery plants flag in new state
Outreach Recovery, one of the largest medication-assisted treatment (MAT) providers in the Mid-Atlantic, has expanded into Florida, opening its latest clinic in Delray Beach.
Headquartered in Bowie, Maryland, Outreach specializes in treating patients with co-occuring mental health conditions and SUDs. As one of the largest MAT programs in the mid-Atlantic, it has 23 locations across Maryland, Pennsylvania, Virginia and New Jersey, in addition to its newest facility in Florida.
Across all its locations, Outreach sees more than 4,000 patients per month and accepts most insurance.
Gallus Medical Detox Centers to open three clinics with help of equity financing
Gallus Medical Detox Centers, a holding company of SCB Global Healthcare Services, LLC, is planning to open three new locations with the help of its recent $4 million equity raise, according to a press release announcing the news.
Gallus provides customized inpatient medical detoxification programs for SUD and alcohol use disorder (AUD). Meanwhile, SCB makes control investments in companies that offer SUD treatment, as well those that provide health care services in correctional settings.
Currently, Gallus has locations in Scottsdale, Arizona, and Littleton, Colorado. With the new funding, it plans to open three more clinics in Las Vegas, Dallas and San Antonio in the fall. Additionally, it has more openings planned for 2022, according to the press release.
Cincinnati Children’s Hospital breaks ground on mental health facility
Cincinnati Children’s Hospital has broken ground on a new $99 million inpatient mental health facility.
The five-story building will replace the existing inpatient pediatric facility on the College Hill campus. The new building will be about 160,000 square feet, about 68% bigger than the old one.
It is scheduled to open in late 2023.
Hazelden Betty Ford Foundation begins $30 million renovation
The Hazelden Betty Ford Foundation has unveiled plans to renovate and expand its Betty Ford Center in Rancho Mirage, California.
The four-year, $30 million project will update existing grounds and add an additional three buildings to the flagship campus, which was opened in 1982 by former First Lady Betty Ford and former U.S. Ambassador Leonard Firestone.
The project will increase the size of the facilities by nearly 24% to 170,000 square feet. It will also expand residential capacity by nearly 60 beds and allow for more day treatment.
The groundbreaking for the first phase of the project occurred earlier this month. Phase two is slated to start in 2023, with the final phase beginning in 2024.
Vanguard Eldercare rebrands, expands into three new states
Vanguard Eldercare has rebranded as GuideStar Eldercare and is expanding into Ohio, Illinois and Texas.
Since 2003, Vanguard — now GuideStar — has provided a variety of integrated behavioral health care services to patients with in long-term care and post-acute settings throughout Indiana and adjacent markets.
In announcing that it’s expanding its service area into three new states, GuideStar also said that it was positioning itself for further national expansion in the future.