‘You’re Taking Their Word for It’: Dangers of Ceding Data to Payers in SUD Value-Based Care Models

The journey to value-based care in the addiction treatment space has produced a number of roadmaps with common mile markers for progress, leaving a list of do’s and don’ts for the industry. These include well-defined data tracking, working up to more robust arrangements with willing payer partners over time and negotiating the operational implications of […]

Private Equity-Backed BrightView Health Focused on Scaling High-Quality Addiction Treatment

The addiction treatment market — estimated to be worth $42 billion — has grown alongside the nationwide rise in substance use disorders (SUDs). A number of multi-state providers have consequently emerged in the treatment field, among them being BrightView Health, whose homebase is in a region significantly wracked by SUDs. Headquartered in Cincinnati, BrightView operates […]

Transactions: BrightView Acquires Aspire; BayMark, Windrose Buy Into New Geographies

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 […]

Pipeline: JV Developments for UHS, Acadia; Spero Health, BrightView Expand

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 […]

Transactions: HCA Selling Behavioral Hospital; New Acquisitions from BrightView, Stepping Stones

Vertava Health acquires Integrated Addiction Care Associates Vertava Health has announced it has purchased outpatient behavioral health provider Integrated Addiction Care Associates (IAC), in a move that brings together two Tennessee operators. Financial terms of the deal were not disclosed. IAC offers medication-assisted treatment (MAT), intensive outpatient programs (IOP) and primary care services to residents […]

Transactions: Discovery Behavioral Health Expands Family of Brands; Three Providers Buy into New States

Discovery Behavioral Health acquires Prosperity Wellness Center   Discovery Behavioral Health — PE-backed network of behavioral health centers — has acquired Prosperity Wellness Center — a 40-bed residential SUD treatment facility in Tacoma, Washington. Financial terms of the transaction were not announced. Headquartered in Orange County, California, Discovery is a portfolio company of Webster Equity Partners. […]