With more than 220 locations and two full-scale addiction recovery centers across five states, Centerstone is the largest community behavioral health provider in the country. But earning that title was never part of the Nashville-based not-for-profit’s goal. Instead, it came as a means to an end — one that CEO David Guth has been working […]
The Columbus Organization Acquires Progressive Journey Group The Columbus Organization, an Indianapolis-based provider of services to individuals with intellectual and developmental disabilities (IDD), has announced its acquisition of Orlando, Florida-based Progressive Journey Group. Financial terms of the deal were not disclosed. The Columbus Organization has more than 30 years of experience serving people with IDD […]
Despite being one of the largest behavioral health providers in the country, Universal Health Services (NYSE: UHS) isn’t immune to industry pain points such as workforce shortages and regulatory pressures. But even with those struggles, UHS continues to grow its behavioral health footprint and market hold. The King of Prussia, Pennsylvania-based company has done that […]
Add Comprehensive Autism Centers (CAC) to the list of investments in Ridgemont Equity Partners’ portfolio. Walnut Creek, California-based speech therapy provider Speech Pathology Group (SPG) has reached a deal to acquire CAC, a Southern California-based autism services provider of applied behavioral analysis (ABA) therapies. Ridgemont — a Charlotte, North Carolina-based middle market private equity firm […]
InSight Telepsychiatry and Regroup Telehealth have merged to form the “largest and most comprehensive telepsychiatry service provider” in the country, according to a press release announcing the news. Financial terms of the deal were not disclosed. Mount Laurel, New Jersey,-based InSight is a telepsychiatry company with more than twenty years of experience. It provides on-demand, […]
Little Leaves Behavioral Services has its eyes set on growth: The applied behavioral analysis provider has opened a new children’s autism center in Germantown, Maryland. It also has new locations in the works elsewhere in Maryland, Virginia and Florida, the company announced. Silver Spring, Maryland-based Little Leaves is a division of special education and instructional […]
For the past two years, the addiction treatment industry has been riding a wave of investment and attention from buyers, many of whom belong to the private equity world. But now, the tides have started to turn. Financiers looking to supply capital are eyeing the autism services sector with increased attention. The new focus comes […]
SaVida Health has opened a new outpatient treatment facility in Abingdon, Virginia. SaVida provides outpatient medication-assisted treatment (MAT) for drug and alcohol use disorders. The company operates at least 18 treatment centers across five states, including Vermont, Massachusetts, Ohio, Virginia and Delaware. The new center, which will serve communities in Southwest Virginia, marks SaVida’s fifth […]
As the need for behavioral health services continues to increase, so does buyer interest in the $230 billion industry, which advisors say is growing 4% every year. However, all deals in the space are not created equal. For example, despite being one of the smallest and most immature subsectors within behavioral health care, the $7 […]
A catholic facility in Lancaster, Kentucky is on its way to becoming an addiction treatment center, according to the Associated Press. Earlier this month, the Lexington diocese announced that it would lease its infrequently used Cliffview Retreat and Conference Center to the Catholic Action Center (CAC) to make it happen. CAC provides services for the […]