Coming soon Montana children’s hospital opens behavioral health clinic Helena, Montana-based Shodair Children’s Hospital is opening a new mental health clinic in February in Missoula. The new clinic is located at the Community Medical Center. A staff of roughly 10 will work at the facility, which will primarily offer telepsychiatry services, according to The Missoulian. […]
Category: Finance
With more than 220 locations and two full-scale addiction recovery centers across five states, Centerstone is the largest community behavioral health provider in the country. But earning that title was never part of the Nashville-based not-for-profit’s goal. Instead, it came as a means to an end — one that Centerstone CEO David Guth has been […]
Opened CleanSlate Centers opens new Wisconsin location CleanSlate Centers, a Nashville-based provider of outpatient alcohol and opioid addiction treatment services, has opened a new location in LaCrosse, Wisconsin, bringing its number of facilities in the state up to 13. Overall, CleanSlate operates facilities in 11 states, nine of which are east of the Mississippi River. […]
The Columbus Organization Acquires Progressive Journey Group The Columbus Organization, an Indianapolis-based provider of services to individuals with intellectual and developmental disabilities (IDD), has announced its acquisition of Orlando, Florida-based Progressive Journey Group. Financial terms of the deal were not disclosed. The Columbus Organization has more than 30 years of experience serving people with IDD […]
Despite being one of the largest behavioral health providers in the country, Universal Health Services (NYSE: UHS) isn’t immune to industry pain points such as workforce shortages and regulatory pressures. But even with those struggles, UHS continues to grow its behavioral health footprint and market hold. The King of Prussia, Pennsylvania-based company has done that […]
Add Comprehensive Autism Centers (CAC) to the list of investments in Ridgemont Equity Partners’ portfolio. Walnut Creek, California-based speech therapy provider Speech Pathology Group (SPG) has reached a deal to acquire CAC, a Southern California-based autism services provider of applied behavioral analysis (ABA) therapies. Ridgemont — a Charlotte, North Carolina-based middle market private equity firm […]
InSight Telepsychiatry and Regroup Telehealth have merged to form the “largest and most comprehensive telepsychiatry service provider” in the country, according to a press release announcing the news. Financial terms of the deal were not disclosed. Mount Laurel, New Jersey,-based InSight is a telepsychiatry company with more than twenty years of experience. It provides on-demand, […]
Middletown, Connecticut-based PursueCare has rolled out a new remote, integrated medication-assisted treatment (MAT) model for patients in Kentucky and West Virginia. PursueCare is a tech-enabled health services startup that aims to help curb the opioid epidemic. The company was founded in 2019, with investment from WRD Capital and Starboard Capital Partners, among others. For patients […]
Little Leaves Behavioral Services has its eyes set on growth: The applied behavioral analysis provider has opened a new children’s autism center in Germantown, Maryland. It also has new locations in the works elsewhere in Maryland, Virginia and Florida, the company announced. Silver Spring, Maryland-based Little Leaves is a division of special education and instructional […]
As stigma dissipates and need grows, more people than ever before are seeking behavioral health services. To keep up with the demand, entrepreneurs are getting creative, launching innovative companies and bringing in hundreds of millions of dollars in funding. One reason for that is the growing prevalence of behavioral health conditions, from depression to substance […]