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 […]
Jeff Pritchard started at the bottom of the ladder in addiction treatment. In the early 1990s, he worked as a behavioral health technician in Terra Alta, West Virginia — population: 1,713. Today, he’s the new chief operating officer for Oceans Healthcare LLC, a fast-growing Plano, Texas-based psychiatric and addiction treatment provider. He started the role […]
Here are some of the biggest mergers and acquisitions in the behavioral health industry over the last year. Ginger and Headspace Finalize Merger, Creating $3B Behavioral Health Platform The newly-combined Headspace Health brings together Ginger’s therapy, counseling, and coaching services with Headspace’s mindfulness and meditation offerings. The company will serve more than 100 million customers […]
The chaos that the coronavirus pandemic inflicted on the behavioral health care industry gave way to a new normal in 2021 based on the many lessons learned in the previous year. And an apparent lesson learned by all is that the demand for behavioral health in the U.S. is immense. This apparently spurred on a […]
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