BrightView Purchases Virginia SUD Treatment Provider Right Path

Addiction treatment provider BrightView Health is deepening its footprint in Virginia with the acquisition of Virginia Beach-based Right Path Addiction Treatment Centers. Right Path operates five clinics in eastern Virginia, which are located in Richmond, Chesapeake, Newport News, Suffolk and its homebase of Virginia Beach. The provider offers medication-assisted treatment (MAT) drugs such as buprenorphine […]

National Council Teams Up with Netsmart to Track Value-Based Care Outcomes at CCBHCs

The behavioral health industry’s move toward value-based care has brought with it much debate on how positive health care outcomes can be best defined. Now, one of the industry’s leading groups is undertaking efforts to do so as part of a new collaboration. The National Council for Mental Wellbeing is partnering with information technology company […]

How Mindpath is Scaling to a National Behavioral Health Brand

Since the beginning of 2021, Sacramento, California-based Mindpath Health has been making a play towards becoming a behavioral health provider with a national reach. After a year of building its profile through de novos and facility purchases, the company has more expansion plans on the horizon for 2022. This May, the company established a foothold […]

Acadia Forms JV With Regional Provider Orlando Health

After recently forming a joint venture (JV) with a California health system, Acadia Healthcare (Nasdaq: ACHC) is establishing another on the opposite side of the country. Acadia is partnering with Orlando Health, an Orlando, Florida-based health care organization, for its latest behavioral health JV. Under the partnership, Acadia will help manage and expand Orlando Health’s […]

Pipeline: Oceans Building New Behavioral Health Hospital; Spero Health’s Latest Openings

Oceans Healthcare breaks ground on new hospital Oceans Healthcare is breaking ground on a new behavioral health hospital in Lubbock, Texas that is scheduled to open next fall. Oceans Behavioral Hospital Lubbock — which will provide inpatient and intensive outpatient treatment for adults and seniors — will house 32 beds and employ a staff of […]

Mindpath Health Purchases Four Vertava Health Outpatient Locations in Ohio

With less than a month to go before the beginning of 2022, Mindpath Health shows no signs of letting up on the expansion front. The behavioral health provider announced it has acquired four outpatient addiction treatment offices in Ohio from Vertava Health. Terms of the deal, which was announced Wednesday, were not disclosed. The Ohio […]

Cerebral Raises $300M as Valuation Hits $4.8B, Eyes Expansion and M&A

Online mental health company Cerebral announced on Wednesday that it has raised $300 million in Series C investments, bringing the total amount raised by the company to $462 million. Funding for Cerebral’s round was led by SoftBank Vision Fund 2, which is a venture capital fund of SoftBank Group. The round also drew participation from […]

Quartet Health Acquires InnovaTel to Accelerate Growth and Meet Needs of Most Complex Populations

Behavioral health solutions company Quartet Health announced that it has purchased InnovaTel Telepsychiatry, a health care platform that comprises a nationwide network of psychiatrists, psychiatric nurse practitioners and licensed clinical social workers. According to Quartet, the merger provides the foundation for a comprehensive and nationwide solution for all people, including those with complex needs. “By […]

MindPath Health Makes Another Acquisition, Expands Into Arizona

On the heels of a company rebrand, MindPath Health is closing out 2021 with more expansion, as it has purchased Chandler, Arizona-based Metropolitan Neuro Behavioral Institute (NBI). The acquisition marks MindPath Health’s entry into Arizona, where it will add nine behavioral health clinics operated by Metropolitan NBI. Terms of the deal were not disclosed. “We […]

Concert Health Sets Stage for Big 2022, Plans to Hire Hundreds as It Expands to More States

Concert Health kicked off 2021 with a bang by raising $14 million in Series A funding. Having recently passed the 20,000-patient threshold, Concert is looking to achieve multiples of that number for 2022 while expanding its geographic reach and potentially hiring hundreds of new workers. Concert’s services revolve around the model of collaborative care, which […]