Dealmaking in the behavioral health space has been slower in recent years. However, a handful of notable companies could be changing hands in the not-so-distant future. Based on data from the first quarter, it appears behavioral health dealmaking is stuck at lower volumes than pre-pandemic levels. As we prepare for new batches of M&A data […]
Autism therapy organizations that provide holistic care models often do so to their financial detriment, with the aim of moving the needle for the patients and families for which they care. The fee-for-service paradigm often fails to compensate — either at all or adequately — for the nonclinical aspects of providers’ and other employees’ time […]
ABS Kids opens seventh clinic of 2024, announces new expansion state Salt Lake City, Utah-based ABS Kids opened a new clinic in Ogden, Utah. Their first in the city, ABS Kids now operates in 13 cities across Utah. The company marked the opening with a sensory-friendly summer festival In total, the company’s footprint now totals […]
Caravel Autism Health opens new center in Missouri Caravel Autism Health is opening a new autism therapy clinic in Weldon Spring, Missouri. The new facility will specialize in providing pediatric applied behavior analysis (ABA) services. Caravel’s new practice will offer a sensory-friendly play space where clinicians can work one-on-one with children. The facility will also […]
Caravel Autism Health is working on a deal with the private equity firm GTCR, according to several industry sources. The news service Mergermarket reported that Green Bay, Wisconsin-based Caravel Autism Health was nearing a deal with GTCR earlier in the month. Several other industry sources have shared similar information with Autism Business News. Earlier in […]
Spero Health opens new addiction treatment clinic Spero Health is welcoming patients to its newest treatment clinic for substance use disorder (SUD), which has opened in Columbus, Ohio. The clinic is located east of I-270 in the Georgian Heights neighborhood and offers a combination of in-person and telehealth services. Ohio Medicaid and most commercial insurances […]
The evolution of the behavioral health industry has been spurred on not just by more people wanting care, but the advancement of technologies to better enable access to services. This is happening as health care moves toward a value-based payment system, which many in the industry feel can be aided by the adoption of new […]
Oceans Healthcare enters JV to build new behavioral hospital Oceans Healthcare has entered into a joint venture (JV) partnership to build a behavioral health hospital in south central Oklahoma. Oceans is teaming up with Norman Regional Health System for the project. Together, the pair will construct Behavioral Health Porter Village, a 48-bed hospital expected to […]
Hazelden Betty Ford’s virtual expands into four new states Hazelden Betty Ford Foundation continues to grow its telehealth footprint, as the provider has expanded its RecoveryGo tool into four additional states. RecoveryGo provides insurance-eligible tele-substance use disorder (SUD) services to individuals and groups through virtual intensive outpatient programs (IOP). Hazelden Betty Ford, the nation’s largest […]
Caravel opens new center Caravel Autism Health has opened a new center in Meridian, Idaho. It adds to Caravel’s other locations in the state, which are based in Boise and Nampa. Overall, Caravel has more than 40 locations throughout Illinois, Wisconsin, Minnesota, Washington, Iowa and Idaho. It is owned by the private equity and venture […]
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