Dealmaking in the behavioral health space has been slower in recent years. However, a handful of notable companies could be changing hands in the not-so-distant future. Based on data from the first quarter, it appears behavioral health dealmaking is stuck at lower volumes than pre-pandemic levels. As we prepare for new batches of M&A data […]
Oceans opens new behavioral hospital Oceans Healthcare has opened a new behavioral health hospital in North Baton Rouge. The facility is Oceans’ third in the area, tripling the provider’s capacity to provide inpatient care in the community. The new 40-bed hospital brings Oceans’ total bed count in Baton Rouge up to 60. The new Oceans […]
Pinnacle adds new facility Pinnacle Treatment Centers has opened its newest facility in Virginia, located in the northern part of the state in Culpeper. Culpeper Treatment Services provides outpatient medication-assisted treatment (MAT) services with medications such as methadone and buprenorphine, in addition to counseling. The new facility — which accepts Medicaid — is Pinnacle’s 11th […]
Kindred enters JV to add new behavioral, rehabilitation hospital Kindred Healthcare has entered into a joint venture with Antelope Valley Hospital to build and operate a new hospital in northern Los Angeles County. The 125,000-square-foot facility will have 96 behavioral beds and 25 acute inpatient rehabilitation beds. Headquartered in Louisville, Kentucky, Kindred is a specialty […]
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