Historic levels of investment in the behavioral health space in the previous two years suggest that the outpatient mental health segment could continue to see swiftly growing companies at the center of big-time exits. Optum’s high-profile acquisition of Refresh Mental Health, in particular, demonstrates the massive interest in the mental health space, especially in scaled […]
Since the beginning of 2021, Sacramento, California-based Mindpath Health has been making a play towards becoming a behavioral health provider with a national reach. After a year of building its profile through de novos and facility purchases, the company has more expansion plans on the horizon for 2022. This May, the company established a foothold […]
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 […]
Caravel Autism Health expands footprint Caravel Autism Health has opened a new facility in Geneva, Illinois. The center is located west of Chicago and provides applied behavior analysis (ABA) services to children ages 2 to 18. ABA is widely considered to be a gold standard of autism care. Owned by the private equity and venture […]
Community Psychiatry, which provides outpatient behavioral health services at over 40 locations throughout its home state of California, has started to realize its nationwide expansion ambitions with the purchase of Durham, North Carolina-based MindPath Care Centers. The acquisition more than doubles Community Psychiatry’s facility count and establishes its presence in the Southeastern U.S. Terms of […]
Hurdle fills VP, C-suite positions Digital mental health provider Hurdle has hired Krystle Herbert as its vice president of clinical affairs. In the role, Herbert will be responsible for overseeing and supporting clinical operations, clinical policy development and compliance, as well as clinical quality care and organizational scaling efforts. Herbert was most recently the COO […]
In the past month, Community Psychiatry, a California-based provider of outpatient behavioral health services, has completely revamped its executive team. New private equity ownership has brought aboard a new chief growth officer, a new COO, a new CFO and, most importantly, a new chief executive to transform the company from a regional provider into one […]
Centerstone Illinois adds MAT director Centerstone has hired a new medication-assisted treatment (MAT) medical director for its Illinois region. Wayne O. Wells stepped into the position Feb. 1. He brings more than 35 years of experience as a physician to the role, in addition to a slew of executive experience. In the past, he was […]
California behavioral provider names CEO Sacramento, California-based Community Psychiatry, an outpatient behavioral health provider, has named Christopher Brengard as its CEO. He replaces outgoing CEO Ken Kelly. Community Psychiatry has more than 40 locations across the state of California, where it provides mental health services. Before joining the company, Brengard most recently served as chairman […]
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