New Landmark VP: National Payer Contracts Key to Company’s Strategic Growth Plan

When it comes to the nation’s $42 billion dollar substance use disorder (SUD) treatment market, services are naturally the focal point of most businesses. But providers can’t offer those services at scale without the help of payers, who have the power to make treatment more affordable and accessible to the masses. That’s why Landmark Recovery […]

Movers & Shakers: Brightline’s Executive Hires; Landmark Fills VP Role

Brightline’s slew of new leaders Brightline — a Palo Alto, California-based provider of behavioral health solutions for children and their families — has announced several additions to its executive team. The additions include: Haleigh Tebben as chief commercial officer Gary Alpert as chief strategy officer and head of business development Zack Still as chief information […]

Transactions: Sabra Expands Behavioral Portfolio; Autism Acquisitions with National Scale

Acorn Health acquires Sandcastle Centers Acorn Health — a national provider of applied behavior analysis (ABA) therapy — has acquired the assets of Sandcastle Centers, formerly known as JKP Analyst, which also provides ABA services. Financial terms of the deal were not disclosed. Founded in 2018, Acorn is a portfolio company of the private equity […]

SUD Treatment Providers Split on Buprenorphine Flexibilities Nixed by Biden

At Landmark Recovery’s nine inpatient recovery centers across the U.S., patients battling opioid use disorder (OUD) only get access to buprenorphine for short stints, usually as a detox medication. But Senior Medical Director Melvin Pohl would like to start offering the drug as part of long-term treatment, with patients being referred to community providers who […]

After Strong 2020, Behavioral M&A Could Reach ‘New Peak’ in 2021

Despite the pandemic-led economic downturn of 2020, there was still plenty of M&A activity in the behavioral health care market to end the year, and signs are pointing to a robust 2021. The market saw 27 deals in Q4, according to the latest quarterly report from health care M&A firm Mertz Taggart. The flurry of […]

Transactions: Discovery Behavioral Health Expands Family of Brands; Three Providers Buy into New States

Discovery Behavioral Health acquires Prosperity Wellness Center   Discovery Behavioral Health — PE-backed network of behavioral health centers — has acquired Prosperity Wellness Center — a 40-bed residential SUD treatment facility in Tacoma, Washington. Financial terms of the transaction were not announced. Headquartered in Orange County, California, Discovery is a portfolio company of Webster Equity Partners. […]

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 […]

Pipeline: Monte Nido & Affiliates Entering New State; LifeStance Health Expands in Two Markets

Monte Nido & Affiliates to enter Georgia  Monte Nido & Affiliates — a PE-backed eating disorder treatment provider — has announced that it is entering the state of Georgia, where it will add two programs. Headquartered in Malibu, California, Monte Nido offers the continuum of eating recovery services, from residential to day treatment. It is […]

REIT Relationship Helps Landmark Recovery Fuel Expansion, Navigate Pandemic

Amid the COVID-19 emergency, behavioral health providers are struggling. They’re grappling with increased costs and decreased revenues, while also seeing more demand for their services. As a result, 71% of organizations have had to cancel, reschedule or turn away patients over the past three months, according to a recent survey by the National Council for […]

Addiction Treatment Providers Navigate Struggles, Present Solutions in Light of COVID-19

While it’s relatively easy to deliver mental health counseling remotely using telehealth, addiction treatment providers face more unique challenges in light of COVID-19. For those in substance use disorder (SUD) recovery, in-person touch points are especially important. Social contact helps reduce a person’s risk of relapse, and many people with SUD rely on the assistance […]