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 […]