Chicago-based NOCD raised $34 million in its latest funding round. The behavioral health tech company will now expand its therapist workforce, raise public awareness for obsessive-compulsive disorder (OCD) and expand its outcomes data collection and analysis efforts. NOCD’s total funding has reached about $84 million since its founding in 2018, according to Crunchbase. In September […]
The need for behavioral health services is at an all-time high – and private equity investors have taken note. In the first three quarters of 2022, private equity deals made up more than 60% of behavioral health transactions, according to data from The Braff Group. Many investors see the fragmented behavioral health industry as a […]
The Biden administration could mix up how behavioral health operators address worker classification. The U.S. Department of Labor (DOL) said in October it would undo Trump-era classification rules that made it easier to classify workers as contractors. This bolstered the gig economy and placed an emphasis on how much control the employer had over the […]
Proven Behavior Solutions is primed to expand its services across New England following a strategic investment in the company. The Norwell, Massachusetts-based Autism Spectrum Disorder (ASD) treatment company announced it landed an investment from New York City-based Health Enterprise Partners but did not offer specifics in the news release announcing the deal. A request for […]
Aware Recovery Care Inc.’s chief goal is a herculean task. It’s nothing short of carving out a whole new industry-wide recognized level of care within the addiction treatment space. The Wallingford, Connecticut-based company provides in-home addiction treatment services. Most addiction treatment is based out of dedicated facilities. That makes Aware Recovery Care’s model of providing […]
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 […]
Acadia partners with suicide prevention organization to open new centers Acadia Healthcare (Nasdaq: ACHC) has opened 15 community resource centers in partnership with a leading suicide awareness organization to help young individuals with opioid use disorder (OUD). The centers are located in four states across the country within Acadia’s Comprehensive Treatment Centers (CTC), which provide […]
PE Firm Health Enterprise Partners invests in Aware Recovery Care Aware Recovery Care, an in-home addiction treatment provider serving residents primarily in New England, has received a private equity investment from the growth equity firm Health Enterprise Partners. Details of the investment were not disclosed. Based in Wallingford, Connecticut, Aware Recovery serves patients across Connecticut, […]
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