Pipeline: Caravel Autism Health Opens New ABA Center; Spark Behavioral Solutions Launches In-Home ABA

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 […]

Private Equity Firm GTCR Plans to Acquire Caravel Autism Health

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 […]

Pipeline: Spero Health and Landmark Open New Clinics; Caravel’s Latest Facility

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 […]

Pipeline: Oceans Enters JV to Build Behavioral Hospital; New SUD Treatment Center Openings

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 […]

Pipeline: Hazelden Brings Telehealth Offering to Four New States; Autism Providers Expand

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 […]

Pipeline: Caravel Deepens ABA Footprint; Alsana Expands to Meet Increased Need for Eating Disorder Treatment

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 […]

Movers & Shakers: Hazelden Betty Ford’s CMO to Retire; Talkspace Names New CFO

Hazelden Betty Ford CMO retiring Hazelden Betty Ford Foundation Chief Medical Officer Marvin Seppala will be retiring at the end of this year, the nonprofit substance use disorder (SUD) treatment provider has announced. A psychiatrist by training, Seppala originally joined Hazelden in 1995 as its first full-time physician. During his time at the organization, he […]

Transactions: Monte Nido Expands Portfolio With Walden Deal; Caravel, Advanced Recovery Systems Secure Credit Facilities

Monte Nido purchases treatment provider Eating disorder treatment provider Monte Nido & Affiliates has announced that it has purchased Waltham, Massachusetts-based Walden Behavioral Care. Financial terms of the deal were not disclosed. Founded in 2003, Walden provides eating disorder treatment and psychiatric care for children, teens and adults at facilities in Massachusetts, Connecticut and Georgia. […]