Recovery Centers of America Opens Two New Facilities

The Recovery Centers of America (RCA) has opened two new substance abuse treatment facilities: a medication-assisted treatment clinic and a 111-bed in-patient treatment facility. King of Prussia, Pennsylvania-based RCA is an addiction treatment provider with locations in Maryland, Pennsylvania, New Jersey and Massachusetts. It has more than half a dozen in-patient facilities across those geographies, […]

Tele-Supervision Platform Designed to Help Therapists Get Licensed Raises $2.2M

Motivo, a tele-supervision platform that helps mental health workers get licenced, has raised $2.2 million in seed funding. Atlanta-based Cox Enterprises led the funding round, with participation from Techstars, SEI Ventures, ECMC, Great Oaks VC, The Jump Fund, Emmett Partners and Next Wave Impact Fund, along with various angel investors, according to a press release […]

Pinnacle Treatment Centers Opens New MAT Facility

Pinnacle Treatment Centers (PTC) has opened a new clinic to treat people with opioid use disorder (OUD). Elyria Treatment Services began serving patients late last month. The Elyria, Ohio-based opioid treatment center is Pinnacle’s ninth in the state, which has more than 25 Pinnacle programs total. Beyond opioid treatment, Pinnacle provides various substance abuse recovery […]

MedMark Treatment Centers Opens New Facility

MedMark Treatment Centers has opened a new medication-assisted treatment (MAT) facility in the Cincinnati suburb of Milford. MedMark is a MAT provider that uses methadone and buprenorphine alongside counseling and other services. With nearly 40 programs nationwide, MedMark is part of Lewisville, Texas-based BayMark Health Services, a specialty health care company focused on providing treatment […]

SaVida Health Opens New Virginia Facility

SaVida Health has opened a new outpatient treatment facility in Abingdon, Virginia. SaVida provides outpatient medication-assisted treatment (MAT) for drug and alcohol use disorders. The company operates at least 18 treatment centers across five states, including Vermont, Massachusetts, Ohio, Virginia and Delaware. The new center, which will serve communities in Southwest Virginia, marks SaVida’s fifth […]

M&A Advisor: With Highest Multiples in Behavioral Health, Autism Market is ‘Out of Control’

As the need for behavioral health services continues to increase, so does buyer interest in the $230 billion industry, which advisors say is growing 4% every year. However, all deals in the space are not created equal. For example, despite being one of the smallest and most immature subsectors within behavioral health care, the $7 […]

Catholic Facility to Become Addiction Treatment Center

A catholic facility in Lancaster, Kentucky is on its way to becoming an addiction treatment center, according to the Associated Press. Earlier this month, the Lexington diocese announced that it would lease its infrequently used Cliffview Retreat and Conference Center to the Catholic Action Center (CAC) to make it happen. CAC provides services for the […]

Discovery Behavioral Health Acquires Authentic Recovery Center

Discovery Behavioral Health, a national provider of various behavioral health treatments, has acquired Authentic Recovery Center (ARC), a behavioral health provider that specializes in treatment of drug and alcohol abuse. Financial terms of the deal were not disclosed. Based in Orange County, California, Discovery offers residential, partial hospitalization and intensive outpatient treatment for conditions related […]