The growing demand for substance use disorder (SUD) services and the fragmented nature of the industry has made it prime for consolidation. Potential buyers prioritize reputation, quality and the ability to expand their geographical reach. Meanwhile, sellers want a transaction that keeps the integrity of their business intact, according to panelists at Behavioral Health Business’ […]
Cincinnati-based addiction treatment provider BrightView Health has named Dr. R. Corey Waller as its new chief medical officer. The move also marks the transition of one of its founders to a new role with the company. Waller succeeds BrightView Health co-founder Dr. Shawn Ryan in the chief medical officer role. Ryan now has the title […]
Addiction treatment provider BrightView Health has acquired Boston-based Column Health. The deal closed on Aug. 8, BrightView Health Chief Development Officer Dylan Jackson told BHB in an interview. This deal marks Cincinnati-based BrightView Health’s second acquisition in 2022. It also gives BrightView a presence in its second and third new state markets this year. Column […]
The year 2021 was defined by the many struggles that organizations had largely foisted on them directly or indirectly by the ups and downs of the coronavirus pandemic. But many providers learned how to adapt to the new normal and began to tackle the even bigger challenges that a changing industry leveled on behavioral health […]
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 […]
Contingency management has proven to be one of the most effective treatments for patients addicted to stimulants such as meth and cocaine. The practice — which rewards patients with money or prizes for hitting certain treatment milestones — has been shown to improve retention and abstinence rates. However, stigma and lack of reimbursement prevent many […]
BrightView buys Aspire BrightView Health has struck a deal to acquire Aspire, a substance use disorder (SUD) treatment provider in Chesapeake, Virginia. Financial terms of the transaction were not made public. Headquartered in Cincinnati, BrightView operates 39 SUD treatment clinics across Virginia, Ohio, Kentucky and Delaware. The comprehensive addiction treatment provider accepts Medicaid, Medicare and […]
UHS names new behavioral health hospital Beaumont Health and Universal Health Services (NYSE: UHS) have officially announced the name of their new joint venture (JV) behavioral health hospital. Named Beaumont Behavioral Health, the new facility will open in Southfield, Michigan in the fall. The $40 million, 144-bed hospital will be located across the street from […]
In America today, the need for more substance use disorder (SUD) interventions is clear. In 2017, more than 70,000 people died from drug overdoses, and the alcohol-related death rate was twice what it was 20 years earlier. Those statistics don’t include nearly 20 million others who did not die but still battled SUD that year. […]
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