Private equity-backed Harmony Health Group has acquired three facilities that were formerly part of Delphi Behavioral Health Group’s network. Charlotte, North Carolina-based Harmony Health Group operates 13 treatment centers throughout Florida, North Carolina, Tennessee, New Jersey and Massachusetts. Services at those facilities include treatment for mental health and substance-use disorders (SUDs), as well as dual-diagnosis […]
Delphi Behavioral Health
New documents reveal how Delphi Behavioral Health Group went from boom to bust. After two rounds of private equity backing, shrinking payer rates for out-of-network substance use disorder care squeezed the Fort Lauderdale, Florida-based addiction treatment provider out of business. The soon-to-be-defunct Delphi Behavioral Health Group first revealed its demise in late January. It told […]
Addiction treatment provider Delphi Behavioral Health Group appears set to shut down its operation and offload some of its facilities to other operators. Delphi Behavioral Health Group CEO Michael Borkowski declined to answer Behavioral Health Business’ questions about the matter. Public documents show Delphi plans to lay off at least 130 members of its staff. […]
Substance use disorder provider Delphi Behavioral Health Group has tapped Michael Borkowski as its next CEO. Borkowski initially joined the organization in 2016 as chief financial officer. A certified public accountant, Borkowski holds a bachelor’s degree in accounting and finance from Florida State University. Borkowski will be taking the reins from former CEO Matthew Feehery. […]
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