UHS celebrates “beam-topping” of new JV with Valley Children’s Healthcare Universal Health Services (NYSE: UHS) recently celebrated a milestone “beam topping” event in the construction of its newest hospital, River Vista Behavioral Health in Madera, California. Construction workers successfully placed the final steam beam atop the 81,600-square-foot, 128-bed facility, which is situated in California’s Central […]
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United Behavioral Health and United Healthcare Insurance have agreed to pay a total of $15.6 million and take corrective actions to resolve violations of the Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA). The U.S. Department of Labor (DOL) announced the news Thursday following investigations and litigation by the DOL and the New […]
HCAP Partners invests in AMFM Healthcare HCAP Partners, a California-based private equity firm, has invested more money into AMFM Healthcare, a mental health treatment provider. Terms of the follow-on investment were not disclosed, nor was the amount of money HCAP has previously invested into the company. Headquartered in San Diego, California, HCAP provides mezzanine debt […]
Amid the coronavirus, behavioral health providers are making better use of technology to dispense services than ever before, and autism treatment providers are no exception. Not only is doing so integral for improved service delivery, but it can come in handy as providers continue to expand their operations in a growing market estimated to be […]
Telebehavioral health services have become vital amid the pandemic, with social distancing recommendations prompting behavioral health providers to take things virtual. However, telebehavioral health has been a focal point for Array Behavioral Care for more than two decades. Founded in 1999, Mt. Laurel, New Jersey-based Array partners with health care providers and payers to deliver […]
Centerstone Illinois adds MAT director Centerstone has hired a new medication-assisted treatment (MAT) medical director for its Illinois region. Wayne O. Wells stepped into the position Feb. 1. He brings more than 35 years of experience as a physician to the role, in addition to a slew of executive experience. In the past, he was […]
Autism treatment companies merge to form one of nation’s largest ABA providers PE-backed BlueSprig Pediatrics, a Houston-based provider of applied behavior analysis (ABA), has announced its purchase of Florida Autism Center and its Georgia brand Fusion Autism Center, creating a “top-five national provider” of autism services, according to a press release announcing the news. Terms […]
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 […]
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