Banyan Treatment Centers opens first Texas location Banyan Treatment Centers has opened its newest facility in Waelder, Texas. Located in the southeastern part of the state, Banyan Texas is a 70-acre facility that provides drug and alcohol detoxification and residential addiction treatment services. The services are geared toward dual diagnosis patients struggling with addiction and […]
Category: Outpatient
Since 2004, Oceans Healthcare has been making a name for itself by providing behavioral health services to overlooked populations. At first, that meant seniors: The provider of inpatient and outpatient behavioral health services got its start treating the older adult and geriatric population specifically. While that demographic is still key to Oceans’ business, it’s since […]
Equip, a virtual eating disorder treatment provider, has raised $13 million in Series A funding, the company announced Wednesday. That brings Equip’s total funding raised up to $17 million. Optum Ventures led the funding round, with additional participation from new investor .406 Ventures and existing funder F-Prime Capital. Founded in 2019, Equip aims to make […]
Substance use disorder (SUD) treatment providers in certain states serve Medicaid beneficiaries better than others. It all depends on whether they operate in a state with a waiver allowing them to bypass the Institutions for Mental Diseases (IMD) exclusion, according to new research published in the February issue of Health Affairs. Not only do providers […]
Recovery Centers of America (RCA) announced plans Wednesday to fill nearly 700 positions across six states. Based in King of Prussia, Pennsylvania, RCA is a substance use disorder (SUD) treatment provider with 10 inpatient treatment centers, eight outpatient facilities and five opioid treatment programs across Maryland, Pennsylvania, New Jersey, Massachusetts, Indiana and Chicagoland. The positions […]
Behavioral health dealmakers have predicted that M&A could reach a new peak in 2021, but some subsectors will see more love than others. Specifically, experts predict that demand for outpatient models and autism services providers will be especially high in the year ahead, with private equity (PE) investors fueling the fire. “I think 2021 is […]
PE Firm Health Enterprise Partners invests in Aware Recovery Care Aware Recovery Care, an in-home addiction treatment provider serving residents primarily in New England, has received a private equity investment from the growth equity firm Health Enterprise Partners. Details of the investment were not disclosed. Based in Wallingford, Connecticut, Aware Recovery serves patients across Connecticut, […]
Discovery Behavioral Health opens Maryland behavioral health center Discovery Behavioral Health has opened a new facility in Crownsville, Maryland devoted exclusively to mental health treatment. Los Alamitos, California-based Discovery operates more than 100 centers nationwide for mental health, substance abuse and eating disorder treatment services. Its newest facility in suburban Baltimore features two residences for […]
Community Medical Services opens locations in Arizona, Wisconsin Scottsdale, Arizona-based Community Medical Services, which operates medication-assisted treatment (MAT) clinics in several states, has opened two new opioid treatment programs (OTPs), one in Phoenix, Arizona, and one in South Milwaukee, Wisconsin. The South Milwaukee location opened in October, and the Phoenix facility opened earlier this month. […]
More and more American have started to recognize substance use disorder (SUD) as a health condition rather than a moral failing. However, other forms of addiction — such as gambling — have yet to be afforded the same courtesy. Many payers, including Medicaid, still don’t reimburse for gambling addiction treatment. That’s despite state and federal […]
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