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 […]
Category: New Development
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, […]
For many behavioral health organizations, the coronavirus has increased costs while decreasing revenues. Social distancing protocols have made things especially difficult for residential providers, forcing many to reduce their censuses, even amid heightened demand for services. But for Recovery Centers of America (RCA) — a private equity-backed substance use disorder (SUD) treatment provider — the […]
Caravel Autism Health adds another Midwestern location Caravel Autism Health has announced the addition of a new center in greater Duluth, Minnesota. The new location, set to open in December, is the ninth Caravel has opened in the state since 2019. Caravel is a private equity-backed autism services provider based in the Midwest. It specializes […]
Monte Nido expands into second Southeastern state Monte Nido & Affiliates has opened a new residential eating disorder treatment center in Georgia. With the new facility, which is located just outside of Atlanta, the provider has planted its second flag in the Southeast. Malibu, California-based Monte Nido is a private equity-backed eating disorder treatment provider […]
Caravel’s Imagine opens new center Imagine, a Caravel Autism Health company, has announced plans to open a new center in the Seattle-Tacoma area. Founded in 2011 and based in the Pacific Northwest, Imagine provides diagnostic and treatment services to children with autism. It currently has about half a dozen locations across Idaho and Washington state. […]
After the coronavirus slowed things down earlier this year, the Center for Autism and Related Disorders (CARD) is once again revving up its growth engine. With 235 locations across 27 states, CARD is the largest autism treatment provider in the world. It boasts a research arm, a bevy of service offerings and private equity backing. […]