How Mindpath is Scaling to a National Behavioral Health Brand

Since the beginning of 2021, Sacramento, California-based Mindpath Health has been making a play towards becoming a behavioral health provider with a national reach. After a year of building its profile through de novos and facility purchases, the company has more expansion plans on the horizon for 2022. This May, the company established a foothold […]

Acadia Forms JV With Regional Provider Orlando Health

After recently forming a joint venture (JV) with a California health system, Acadia Healthcare (Nasdaq: ACHC) is establishing another on the opposite side of the country. Acadia is partnering with Orlando Health, an Orlando, Florida-based health care organization, for its latest behavioral health JV. Under the partnership, Acadia will help manage and expand Orlando Health’s […]

Pipeline: Oceans Building New Behavioral Health Hospital; Spero Health’s Latest Openings

Oceans Healthcare breaks ground on new hospital Oceans Healthcare is breaking ground on a new behavioral health hospital in Lubbock, Texas that is scheduled to open next fall. Oceans Behavioral Hospital Lubbock — which will provide inpatient and intensive outpatient treatment for adults and seniors — will house 32 beds and employ a staff of […]

Mindpath Health Purchases Four Vertava Health Outpatient Locations in Ohio

With less than a month to go before the beginning of 2022, Mindpath Health shows no signs of letting up on the expansion front. The behavioral health provider announced it has acquired four outpatient addiction treatment offices in Ohio from Vertava Health. Terms of the deal, which was announced Wednesday, were not disclosed. The Ohio […]

Lifestance to Focus on Organic Growth After Recent M&A Spree

LifeStance Health Group Inc.’s (Nasdaq: LFST) top leaders say that the company will see its expansion continue more through organic growth in 2022 and beyond. CFO Mike Bruff told the listeners of a virtual chat at Evercore ISI’s HealthCONx Conference that the Scottsdale, Arizona-based hybrid behavioral health company is coming off of a streak of […]

MindPath Health Makes Another Acquisition, Expands Into Arizona

On the heels of a company rebrand, MindPath Health is closing out 2021 with more expansion, as it has purchased Chandler, Arizona-based Metropolitan Neuro Behavioral Institute (NBI). The acquisition marks MindPath Health’s entry into Arizona, where it will add nine behavioral health clinics operated by Metropolitan NBI. Terms of the deal were not disclosed. “We […]

UHS Looks to Redesign Behavioral Health Staffing Model Amid Workforce Challenges

Nearly two years of brutal workforce pressures have led Universal Health Services Inc. (NYSE: UHS) to restructure its behavioral health patient care models to be less reliant on registered nurses. UHS CFO Steve Filton said the King of Prussia, Pennsylvania-based acute care and behavioral care company is finding state regulators receptive as it seeks clearance […]

Acadia Healthcare Given Go-Ahead for Behavioral Care JV with Scripps Health

A joint venture (JV) hospital in Chula Vista, California, which is to be co-operated by behavioral health giant Acadia Healthcare (Nasdaq: ACHC), has been given the green light by city officials. The Chula Vista Planning Commission has approved the hospital, Eastlake Behavioral Health, which is a JV between Acadia and San Diego-based Scripps Health that […]

Talkspace COO Out Following ‘Internal Review’ of Conduct

Another top leader at Talkspace Inc. (Nasdaq: TALK) is out of a job at the New York-based virtual behavioral health care company. With little explanation, the company announced President and COO Mark Hirschhorn’s immediate resignation early Monday morning. Hirschhorn’s responsibilities will be picked up by the executive team at Talkspace. The resignation apparently comes following […]

Pipeline: Spero Health and Landmark Open New Clinics; Caravel’s Latest Facility

Spero Health opens new addiction treatment clinic Spero Health is welcoming patients to its newest treatment clinic for substance use disorder (SUD), which has opened in Columbus, Ohio. The clinic is located east of I-270 in the Georgian Heights neighborhood and offers a combination of in-person and telehealth services. Ohio Medicaid and most commercial insurances […]