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 […]

Caregiver Inc. Makes Multiple I/DD Acquisitions as It Expands Into Indiana and Ohio

Caregiver Inc. — a provider of long term care services to individuals with intellectual and developmental disabilities (I/DD) — has expanded its Midwestern footprint with the acquisition of four operators in Indiana and Ohio. Fort Worth, Texas-based Caregiver announced the deal Tuesday. “We continue to support our mission of providing high quality supports to our […]

Addiction Treatment Operators Convicted for Allegedly Orchestrating $112M Fraud Scheme

In an alleged scheme of massive proportions, two Florida brothers were convicted Thursday on federal charges of billing fraud at addiction treatment centers they operated. The ruling came from a South Florida jury after a seven-week trial, in which brothers Jonathan and Daniel Markovich were accused of fraudulently billing $112 million in services at two […]

Owl Health Chosen by RCA for Patient Outcomes Measurement Platform

Cloud-based behavioral health company Owl Health announced a partnership Monday with the Recovery Centers of America (RCA), where it will provide its measurement-based care (MBC) platform to the treatment operator. The MBC platform contains a library of over 250 evidence-based measures, with collected data used by providers to assess clinical outcomes of patients being treated […]

Behavioral Health M&A Dips in Q3, But On Track for Record in 2021

Mergers and acquisitions (M&A) among behavioral health providers dipped a bit in the third quarter (Q3), but the sector is still poised to close out 2021 on a high note. Across the behavioral health care spectrum, 25 transactions occurred in Q3 2021, according to a report released by M&A advisory firm Mertz Taggart. The number […]

Sunrise Treatment Center Finalizes Acquisition of Port 45 Recovery

Two Ohio-based addiction treatment providers have officially joined forces, as Sunrise Treatment Center has completed its purchase of Port 45 Recovery. Terms of the deal, which was finalized effective September 22, were not disclosed. “Sunrise is grounded in two guiding principles: providing high-quality, comprehensive addiction treatment services to its patients, and implementing best practices to […]

Sevita Acquires Good Neighbor and More, Continues Aggressive Growth

Sevita — a provider of community-based specialized health care —announced the acquisition of Good Neighbor, a Richmond, Virginia-based provider of services for people with intellectual and developmental disabilities. According to a news release, the acquisition reaffirms Sevita’s “renewed focus” to provide access to whole person care and in turn expands its “Community Support Services” operating […]

Sabra Health Care REIT Reaches Agreement on $325M Loan to Recovery Centers of America

Sabra Health Care REIT (Nasdaq: SBRA), a national real estate investment trust, has entered into a proposed agreement to provide the Recovery Centers of America (RCA) with a $325 million mortgage loan, which would be secured by eight inpatient addiction treatment facilities. Six of the centers are stabilized while two properties, which opened during the […]

COVID-19 Pushes More Residential Behavioral Health Providers to Outsource Dining Services

A growing number of residential behavioral health providers are outsourcing their dining services, according to Karen White, director of marketing at Culinary Services Group. “We’ve seen a large uptick probably within the past year,” White told Behavioral Health Business. “A lot of these organizations are seeing the benefit of having somebody … that can develop […]