Opened Buena Vista Health Recovery debuts new addiction treatment facility Buena Vista Health Recovery has opened a new drug and alcohol detox and treatment facility in Tucson, Arizona. Cave Creek, Arizona-based Buena Vista is an addiction treatment provider with three locations in Arizona and a fourth facility slated to open in Colorado later this year. […]
Category: Finance
As stigma decreases and demand for behavioral health services grows, institutional capital is taking notice, with behavioral health real estate being one hot new area of interest. First movers like Sabra Health Care REIT are hoping to take advantage of the emerging market. “None of our peers are in the space at this point,” Sabra […]
Genesis HealthCare (NYSE: GEN) has announced a series of deals that will transition the operational responsibilities for 19 of its West Coast facilities to New Generation Health. Five of those are behavioral health facilities. As part of the $79 million transaction, Genesis sold the real estate and operations for six skilled nursing facilities and transferred […]
As the demand for behavioral health services continues to grow, so does the industry, with new developments and facilities popping up every day. Nursing home providers, on the other hand, haven’t been as lucky. The skilled nursing world continues to see financial strain and, in some cases, closures. In that misfortune, a number of behavioral […]
The behavioral health industry may have seen more transactions in the fourth quarter of 2019 than previously believed, according to new data from M&A advisory firm Mertz Taggart. Data recently released by Irving Levin Associates suggested that the market saw a slow down in M&A activity in Q4. However, Mertz Taggart’s analysis found that behavioral […]
Opened ARS Treatment Centers opens new facilities ARS Treatment Centers, which provides office-based medication-assisted treatment (MAT), has opened two new facilities. One center opened earlier this month in Cape May County, New Jersey, marking the organization’s 11th in the state. ARS announced the news just a few days after also opening its eighth location in […]
PE-backed Stepping Stones Group builds out autism offerings The Stepping Stones Group — a portfolio company of Five Arrows Capital Partners, the North American corporate PE arm of Rothschild & Co. Merchant Banking — has acquired STAR of CA to build out its autism offerings. Financial terms of the deal were not released. Lafayette, Colorado-based […]
With private equity’s interest in autism expected to accelerate in 2020, providers in the space are poised to have a potentially lucrative year. The autism market, though one of the smallest sub sectors in behavioral health at an estimated $7 billion, currently commands some of the industry’s highest valuations. “In autism, [multiples are] upwards of […]
There was a steep slowdown in mergers and acquisitions during the fourth quarter of 2019, according to new data from Irving Levin Associates. During the quarter there were 15 publicly announced transactions, down 21% from the 19 transactions in Q3 2019 and down 46% from a year earlier. “This sector has seen years of growth […]
Private equity’s interest in autism has boomed in recent years, and in 2020, providers can expect to see more of the same. Armed with record levels of capital, private equity firms such as Blackstone Group, Inc. and Carlyle Group LP have amassed almost $1.5 trillion in unspent capital, the highest year-end total on record, according […]