Despite the pandemic, 2020 was a busy year on the growth front for Monte Nido & Affiliates. Last year alone, the private equity-backed eating disorder treatment provider added five new residential treatment sites and acquired an inpatient facility, while also entering multiple new states. Headquartered in Miami, Florida, Monte Nido & Affiliates has more than […]
Community Medical Services opens locations in Arizona, Wisconsin Scottsdale, Arizona-based Community Medical Services, which operates medication-assisted treatment (MAT) clinics in several states, has opened two new opioid treatment programs (OTPs), one in Phoenix, Arizona, and one in South Milwaukee, Wisconsin. The South Milwaukee location opened in October, and the Phoenix facility opened earlier this month. […]
Transactions and international expansion could be in the future for Talkspace. The subscription-based therapy provider previewed multiple potential growth levers for the company recently during an investor presentation. Based in New York City, Talkspace remotely connects users to licensed therapists via text and video. The company provides services directly to consumers, as well as to […]
Hopebridge Autism Therapy Centers has announced plans to add more than 2,700 new employees and open up to 20 new locations in 2021. Headquartered in Indianapolis and backed by the private equity firm Arsenal Capital Partners, Hopebridge is one of the nation’s largest autism treatment organizations. It provides center-based applied behavior analysis (ABA), diagnostics, occupational […]
Pinnacle Treatment Centers expands in Ohio Pinnacle Treatment Centers has opened a new opioid treatment program (OTP) in Sandusky, Ohio. The addition marks the provider’s 15th location in the state. Headquartered in New Jersey, Pinnacle provides the full range of medication-assisted treatment (MAT) services. It has more than 115 locations across eight states and specializes […]
The Center for Autism & Related Disorders (CARD) is currently the largest autism treatment provider in the world, with 235 locations across 27 states. But the 30-year-old company wasn’t always the behemoth that it is today. In fact, CARD founder and executive director Doreen Granpeesheh attributes much of the company’s success to being in the […]
BayMark adds first U.S.-based residential facility BayMark Health Services — a North American medication-assisted treatment (MAT) provider — has acquired its first U.S.-based residential treatment facility. Earlier this month, BayMark added Portland, Maine-based Liberty Bay Recovery Center to its portfolio. Financial terms of the deal were not announced. Headquartered in Lewisville, Texas, BayMark has more […]
Kindred enters JV to add new behavioral, rehabilitation hospital Kindred Healthcare has entered into a joint venture with Antelope Valley Hospital to build and operate a new hospital in northern Los Angeles County. The 125,000-square-foot facility will have 96 behavioral beds and 25 acute inpatient rehabilitation beds. Headquartered in Louisville, Kentucky, Kindred is a specialty […]
Caravel Autism Health expands into new state Caravel Autism Health is adding its first location in the state of Iowa. The new autism therapy center is set to open in Davenport later this month. Backed by the private equity and venture capital firm Frazier Healthcare Partners, Caravel is a Midwestern autism services provider that specializes […]
Spero Health continues aggressive 2020 growth trajectory Spero Health has opened a new addiction treatment clinic in Hopkinsville, Kentucky. It’s the 16th new facility the Nashville-based company has added so far this year. Spero Health is one of the largest office-based opioid treatment providers (OTPs) in the country, with more than 45 clinics across Kentucky, […]
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