Integrative Life Network has acquired Taos, New Mexico-based addiction treatment provider Shadow Mountain Recovery Centers. The terms of the deal were not disclosed. Nashville, Tennessee-based Integrative Life Network gains a new state market through the deal. It also extends its “evidence-based trauma-resolution modalities” to Shadow Mountain Recovery Centers’ patients. Shadow Mountain Recovery Centers operates in […]
Serious mental illness (SMI) startup Vanna Health has raised $29 million ahead of its official launch. The company, which is centered around connecting patients with SMI to community resources with a value-based care approach, plans to use the new funding to help it grow out its partnerships and launch in a small number of states. […]
White Plains, New York-based substance use disorder provider Forge Health has secured $10 million in new funding. The capital is part of a $21.5 million funding effort that has spanned two distinct efforts in 2022. “We’re opening up new clinics, both in-person and virtual clinics alongside our partners — that’s accountable care organizations, payers as […]
On Tuesday, congressional leaders released a bill that will fund the federal government through the current federal fiscal year 2023 and back several behavioral health efforts. The bill includes over $10 billion for behavioral health initiatives. These include $4.9 billion in funding to address opioid abuse and $5.27 billion for mental health treatment, prevention and […]
Dealmaking has made behavioral health one of the most interesting segments of the health care sector. And 2022 was no exception even after a historic 2021. Behavioral Health Business has identified a handful of deals that caught our eye as we look back at the year that was 2022. Not all of them are big-dollar […]
Middle-market private equity firm MBF Healthcare Partners (MBF) on Wednesday announced its acquisition of autism provider Austin Connect to Wellness. Founded in 2013, the Texas-based provider offers applied behavior analysis (ABA), social skills groups and autism diagnostic assessments to children and teens with autism spectrum disorder. It also offers parent support groups and caregiver training. […]
The need for behavioral health services is at an all-time high – and private equity investors have taken note. In the first three quarters of 2022, private equity deals made up more than 60% of behavioral health transactions, according to data from The Braff Group. Many investors see the fragmented behavioral health industry as a […]
Behavioral health-focused virtual reality companies BehaVR and OxfordVR have merged, the pair announced Tuesday. The joint company will operate under the BehaVR name. The deal was supported by a $13 million Series B funding round led by Optum Ventures and Oxford Science Enterprises. Accenture Ventures, Confluent Health, Chrysalis Ventures and Thornton Capital also participated. Both […]
Teen and young adult behavioral health provider Newport Healthcare has announced the acquisition of pediatric mental health provider PrairieCare. The terms of the deal were not disclosed. PrairieCare brings to the deal nine locations in Minnesota. Its services include mental health screenings, clinic services, an inpatient psychiatric hospital, intensive outpatient programs (IOPs), partial hospitalization programs […]
Private equity-backed outpatient mental health provider ARC Health has made yet another acquisition. This time, it has picked up mental health therapy practice Lotus Consulting. The terms of the deal were not disclosed. Ann Arbor, Michigan-based Lotus Counseling offers mindfulness-based wellness services, as well as mental health services and behavioral health assessments. As part of […]
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
