Movers & Shakers: LifeStance Fills New C-Suite Role; Ashley Addiction Treatment Hires VP of Engagement

LifeStance Health creates, fills new C-Suite position LifeStance Health, a private equity-backed outpatient behavioral health provider, has named Felicia Gorcyca as its first chief people officer. Gorcyca comes to LifeStance Health from TPG Capital — a Dallas-based private equity company that backs LifeStance alongside Summit Partners and Silversmith Capital Partners — where she was an […]

Transactions: Bain-Backed Broadstep Acquires Youth Treatment Provider; Summit BHC Expands in Virginia

Broadstep purchases youth-focused behavioral operator Raleigh, North Carolina-based Broadstep Behavioral Health — a provider of community and residential services to individuals with intellectual and developmental disabilities (IDD), as well as behavioral health conditions — has announced its acquisition of the South Carolina-based residential treatment provider Excalibur Youth Services. Terms of the deal were not disclosed. […]

SUD Providers Could Face Financial Failure in 2021, Industry Executives Predict

The COVID-19 emergency has only exacerbated the nation’s substance use disorder (SUD) crisis, which was already a national emergency in and of itself. Amid the coronavirus, overdose deaths have spiked, with the nation seeing about a 10% increase in fatalities in the first three months of the year, according to the Centers for Disease Control […]

Caron Aims to Avoid SUD ‘Whack-A-Mole’ with Integrated Approach, Specialty Programs

Caron Treatment Centers is doubling down on its differentiators: its specialty treatment programs and ever-growing medical expertise. Headquartered in Wernersville, Pennsylvania, Caron is a not-for-profit substance use disorder (SUD) treatment provider with more than 60 years of experience under its belt. It offers a variety of services in Pennsylvania, Florida, Philadelphia, Washington, D.C., Atlanta and […]

Movers & Shakers: Caron Treatment Centers CEO to Retire; Medical Director Shake-Ups

Maine’s largest mental health provider gets new president Maine’s largest mental health provider has selected a new president. Kelly Barton will officially step into the role at Maine Behavioral Healthcare in early October. Maine Behavioral Healthcare is a not-for-profit that serves more than 20,000 patients across 30 locations in the state. It’s part of the […]