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 […]

Transactions: Ginger Acquires LiveBetter’s Tech; Landmark Recovery Buys New Building

Ginger acquires technology assets of LiveBetter San Francisco-based health and wellness startup Ginger has acquired the technology assets of LiveBetter, a free app that helps users address select mental health challenges. Financial terms of the deal were not disclosed. San Francisco-based Ginger is a virtual behavioral health care system that delivers coaching, therapy and psychiatry […]

Sabra CEO Interested in Institutional Behavioral Opportunities, Not ‘Fancy Malibu Retreats’

Behavioral health deals could represent a large opportunity for Sabra Health Care REIT (Nasdaq: SBRA) in the future, according to CEO Rick Matros. Irvine, California-based Sabra is a real estate investment trust (REIT) with a portfolio of 429 properties across the United States and Canada. It has historically specialized in senior housing, skilled nursing and […]

Movers & Shakers: Odyssey Behavioral Healthcare Hires COO; Promises Behavioral Health’s New Marketing Chief

Odyssey Behavioral Healthcare names new president, COO Brentwood, Tennessee-based Odyssey Behavioral Healthcare, which provides a variety of treatment services at centers in seven states, has named Richard Clark as president and COO. Clark has more than 30 years of experience in health care, most recently serving as president of the Western Group for Franklin, Tennessee-based […]