In the Pipeline: New MAT Clinics Nationwide; Long-Awaited Behavioral Health Hospital Opens

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 […]

Transactions & Financings: Stepping Stones’ Autism Play; Summit BHC’s New Territory

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 […]

National Council CEO Hopes to Expand CCBHC Program, Strengthen Medicaid in 2020

After years of being neglected, behavioral health issues are finally getting some attention in Washington, D.C. The Centers for Medicare and Medicaid Services (CMS) has opened new up reimbursement opportunities for behavioral health services; the Substance Abuse and Mental Health Services Administration (SAMHSA) continues to roll out additional grants; and a growing number of state […]

Medicaid Expansion Associated with Fewer Fatal Opioid Overdoses

Medicaid expansion could be credited with saving the lives of thousands from opioid overdoses, researchers assert in a new study. In fact, states that adopted Medicaid expansion between 2014 and 2016 recorded fewer opioid-related deaths than states that did not, according to results published by JAMA Network Open. Medicaid expansion was born out of the […]

AAC Names New CEO

AAC Holdings (AAC) — which experienced a tumultuous 2019 following personnel changes and a delisting from the New York Stock Exchange (NYSE) — has announced the promotion of Andrew McWilliams to CEO.  AAC is the parent company of American Addiction Centers. McWilliams has been with Brentwood, Tennessee-based AAC since 2014, when he was hired as […]

RWJBarnabas Hires SVP of Behavioral Health, Addiction Treatment

West Orange, New Jersey-based RWJBarnabas Health, which operates a number of independent health care providers throughout the state, has named Frank Ghinassi as senior vice president of its behavioral health and addictions service line.  Ghinassi comes to the position from Rutgers University Behavioral Health Care (UBHC), where he has been president and CEO since 2016. […]

In the Pipeline: CleanSlate, SaVida’s New Clinics; UHS’ Oregon Hospital Proposal

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. […]