Mental wellness app Calm is deepening its footprint in the virtual care market as it has purchased health technology company Ripple Health Group. As part of the acquisition, Ripple CEO and Co-Founder David Ko will join Calm as co-CEO, sharing leadership responsibilities with Calm Co-Founder Michael Acton Smith. “David’s business acumen, operational excellence and proven […]
Multi-state treatment provider American Addiction Centers Holdings (AAC) has named Dr. Tom Britton as its new CEO. Britton comes to AAC from the Chicago-based Gateway Foundation. Britton had been president and CEO of Gateway – one of the largest non-profit addiction treatment providers in the nation – since 2015. “I am both humbled and excited […]
Behavioral health services provider Oceans Healthcare has launched a new capital partnership with Webster Equity Partners to accelerate its growth even further. Headquartered in Plano, Texas, the company operates 33 locations in Texas, Louisiana and Mississippi, which includes 23 inpatient hospital campuses and 20 intensive outpatient programs. Founded in 2004, Oceans initially targeted services to […]
One of the autism care industry’s largest providers has made some major changes to its leadership ranks. The Center for Autism and Related Disorders (CARD) named Jennifer Webster as its CEO on Wednesday. She replaces Tony Kilgore, who had been in the position since 2019 and resigned for undisclosed reasons. Webster has been with CARD […]
Behavioral health business activity was on fire for another year in 2021, helped largely by a high demand for services among the public that shows no signs of abating any time soon. Transactions for behavioral health providers kicked off the year strong, with 35 deals registered in the first quarter (Q1) of 2021, according to […]
Deaths from substance use disorders (SUDs) continue to reach unfortunate milestones, and fewer places have been hit as hard as California. Now, more help is on the way to the nation’s most populous state, as America’s largest payor of behavioral health services has given the green light for providers to receive more addiction treatment reimbursements. […]
Delic Holdings Corp., which trades on the Canadian Stock Exchange, has long had its eye on increasing its footprint in the American psychedelic wellness market. Last September, the company did just that by announcing its intention to purchase Ketamine Wellness Centers Arizona LLC (KWC) for a total of $10 million. The deal exponentially enlarged the […]
The worldwide digital market for behavioral health care is booming, and is expected to grow to nearly $840 billion by 2027, according to Data Bridge Market Research. The current provider market is filled with a number of players, with an estimated 20,000 apps worldwide available through Apple and Android that support behavioral health. Over $5 […]
Trumpet Behavioral Health, a multi-state provider of applied behavior analysis (ABA) therapy services, has announced the appointment of Joshua Sleeper as its CEO. Sleeper has been with Trumpet since 2006 and was most recently the president and COO of the Lakewood, Colorado-based provider. Sleeper assumes Trumpet’s CEO post from Ned Carlson. “Over the course of […]
After a busy 2021 opening new facilities, Hopebridge Autism Therapy Centers has big plans on the service front as well for this year. Indianapolis-based Hopebridge, which is one of the nation’s largest providers of autism care services, announced Wednesday that it is planning to open up to 40 new clinics nationwide in 2022. The expansion […]
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