Corporate Retreat Reopens as Addiction Treatment Center

A former corporate retreat complex in Indiana has been turned into an addiction treatment center, according to the News and Tribune. Summit Behavioral Healthcare officially opened the Henryville, Indiana-based facility last month. Named Wooded Glen Recovery Center, it will be the company’s first residential treatment center in the state.  Franklin, Tennessee-based Summit BHC operates a […]

Mental Health America of Roanoke Valley closes

Mental Health America of Roanoke Valley has closed after more than 70 years in business, according to The Roanoke Times. It ceased operations on Oct. 31.  The Virginia organization did advocacy for people with mental illnesses, in addition to offering mental health services such as free psychiatric clinic, mental health training for police officers and […]

Four Arkansas Behavioral Health Providers Plan Merger 

Four behavioral health providers in Arkansas have announced plans to merge and form one integrated behavioral health system. Financial terms of the deal were not disclosed. The new non-profit, Arisa Health, will be headquartered in Springdale and have 49 locations in 41 counties in the northern half of the state. Counseling Associates, Mid-South Health Systems, […]

HonorHealth, Universal Health Services Partner to Build New Behavioral Health Hospital

HonorHealth and Universal Health Services, Inc. (NYSE: UHS) have signed an agreement to open a new behavioral health hospital in the greater Phoenix area. Financial terms of the deal were not disclosed. HonorHealth is a nonprofit health system serving about 1.6 million people in and around Phoenix. It has five acute-care hospitals, multiple outpatient surgery […]

PE Firm Warburg Pincus Acquires Behavioral Health EHR Provider Qualifacts

Nashville-based Qualifacts, an electronic health record provider for behavioral health and human service organizations, has changed hands. New York-based Warburg Pincus, a global private equity firm focused on growth investing, purchased the company from Boston-based middle market PE firm Great Hill Partners last month. Financial terms of the deal were not disclosed.  The deal is […]

Community Psychiatry Management Deepens California Foothold with Two Acquisitions

Community Psychiatry Management has made two acquisitions in the Los Angeles area to deepen its already massive footprint in the state of California. The Sacramento, California-based mental health organization added both Calabasas Behavioral Health (CBH) and Gelbart and Associates in August. Financial terms of the deals were not disclosed. Community Psychiatry Management is the largest […]

Discovery Behavioral Health Acquires New Life Addiction Counseling & Mental Health Services

Los Angeles-based Discovery Behavioral Health has acquired Pasadena, Maryland-based New Life Addiction Counseling & Mental Health Services. Financial terms of the deal were not disclosed.  Discovery Behavioral Health is a national provider of substance abuse, mental health and eating disorder treatment. The 21-year-old company offers residential, partial hospitalization and intensive outpatient services for teenagers and […]

Behavioral Health Care Deals Down 35% in Q3 2019

Behavioral health care acquisitions were down 35% in the third quarter of 2019. The drop reflects both month-over-month and year-over-year changes. Q3 2019 saw only 17 publicly announced deals, while Q2 2019 and Q3 2018 each saw 26 deals. That’s according to acquisition data from HealthCareMandA.com, which part of Irving Levin Associates, a publisher of […]