Monte Nido opens new residential facilities in Texas and New York Eating disorder treatment provider Monte Nido & Affiliates announced its plans to open two new centers. The first is a new residential eating disorder center in Conroe, Texas, opening in April. The new center will offer services to adult women with anorexia nervosa, bulimia […]
The Brentwood, Tennessee-based health care system Lifepoint Health has acquired Cornerstone Behavioral Health El Dorado. The terms of the deal to acquire the Tucson, Arizona-based facility were not disclosed. Lifepoint Health has yet to respond to additional questions. Cornerstone Behavioral Health El Dorado encompasses 54 beds and employs about 100 people. Lifepoint Health will add […]
LifePoint Health Inc. will acquire a majority stake in Springstone Health Opco’s management group U.S. Behavioral Partners. The deal values the company at $250 million. LifePoint Health, a Brentwood, Tennessee-based diversified health care operator, will pay $200 million to satisfy a debt interest that health care REIT Medical Properties Trust Inc. (NYSE: MPW) holds with […]
A former Kindred Healthcare executive who led the post-acute provider’s innovation efforts and a services division is now the CEO of Aware Recovery Care. Dr. Brian Holzer said on Wednesday that he had taken over the CEO post of the Wallingford, Connecticut-based in-home addiction treatment services provider in a LinkedIn post. His first day on […]
Acadia Healthcare (Nasdaq: ACHC) has added to its executive ranks, with the behavioral health provider naming David Keys as its chief development officer. Keys comes to Acadia from Truist, where he was the managing director of health care investment banking for the financial services company. In his new position with Acadia, Keys will focus on […]
In a move that aims in part to expand the availability of behavioral health services, LifePoint Health has entered into a definitive agreement to acquire Kindred Healthcare. Financial terms of the transaction were not released; however, LifePoint said that it will not use COVID-19 relief funds for the purchase and that it plans to provide […]
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