Last year was a busy one for transactions in the addiction treatment services market, with few in the industry as active as Discovery Behavioral Health (DBH), a portfolio company of Webster Equity Partners. Based in Los Alamitos, California, DBH is led by CEO John Peloquin, who helped strengthen the company’s already firm market foothold in […]
Most behavioral health providers agree it’s a good thing: The federal government continues to funnel more money into behavioral health initiatives, such as fighting the opioid epidemic and funding certified community behavioral health clinics (CCBHC). But as providers find themselves with more federal dollars, they’re also more likely to face increased scrutiny over their practices, […]
Odyssey Behavioral Healthcare names new president, COO Brentwood, Tennessee-based Odyssey Behavioral Healthcare, which provides a variety of treatment services at centers in seven states, has named Richard Clark as president and COO. Clark has more than 30 years of experience in health care, most recently serving as president of the Western Group for Franklin, Tennessee-based […]
The CEO of a behavioral health hospital in Florida has left his post following allegations that he was not qualified for the job, according to the Tampa Bay Times. Bryon Coleman Jr., a former quarterback for the Green Bay Packers practice team, became head of North Tampa Behavioral Health back in 2018. Before taking the […]
Acadia Healthcare (Nasdaq: ACHC) posted mixed results in the third quarter of 2019, with revenue up slightly and income down year-over-year. Overall, the Franklin, Tennessee-based company fell short of analysts’ estimates. In Q3 2019, revenues rose to $777.3 million compared to $760.9 million for the same period a year earlier. Analysts had predicted revenue of […]
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