Behavioral health provider Mindpath Health has acquired Acacia Counseling and Wellness, a telehealth and outpatient mental health provider specializing in serving college students, for an undisclosed amount. Acacia Counseling and Wellness employs 170 providers at seven locations in California and one in Minneapolis, just off of the University of Minnesota campus, according to its website. […]
Talkspace Inc. (Nasdaq: TALK) and Mindpath Health were reportedly in deal negotiations that are now defunct. As reported by Axios Pro, Mindpath Health, a Sacramento, California-based outpatient mental health clinic operator, approached the New York City-based virtual-only behavioral health provider with a takeover bid. No deal materialized. A representative of Talkspace declined to comment on […]
Some outpatient behavioral health companies are continuing with bold de novo growth strategies even while telehealth continues to have a major impact on the sector. Telehealth has swiftly taken over many aspects of outpatient visits in the behavioral health industry in just three years. Multiple studies and reviews show that telehealth has had and continues […]
Historic levels of investment in the behavioral health space in the previous two years suggest that the outpatient mental health segment could continue to see swiftly growing companies at the center of big-time exits. Optum’s high-profile acquisition of Refresh Mental Health, in particular, demonstrates the massive interest in the mental health space, especially in scaled […]
Mindpath Health is deepening its footprint in its California backyard, as the Sacramento-based behavioral care provider announced Wednesday that it has purchased Psychiatric Centers at San Diego (PCSD). PCSD – which was founded in 1972 – bills itself as one of the nation’s largest and oldest private practice behavioral health groups, offering various care modalities […]
Behavioral health business activity was on fire for another year in 2021, helped largely by a high demand for services among the public that shows no signs of abating any time soon. Transactions for behavioral health providers kicked off the year strong, with 35 deals registered in the first quarter (Q1) of 2021, according to […]
The year 2021 was defined by the many struggles that organizations had largely foisted on them directly or indirectly by the ups and downs of the coronavirus pandemic. But many providers learned how to adapt to the new normal and began to tackle the even bigger challenges that a changing industry leveled on behavioral health […]
Since the beginning of 2021, Sacramento, California-based Mindpath Health has been making a play towards becoming a behavioral health provider with a national reach. After a year of building its profile through de novos and facility purchases, the company has more expansion plans on the horizon for 2022. This May, the company established a foothold […]
With less than a month to go before the beginning of 2022, Mindpath Health shows no signs of letting up on the expansion front. The behavioral health provider announced it has acquired four outpatient addiction treatment offices in Ohio from Vertava Health. Terms of the deal, which was announced Wednesday, were not disclosed. The Ohio […]
On the heels of a company rebrand, MindPath Health is closing out 2021 with more expansion, as it has purchased Chandler, Arizona-based Metropolitan Neuro Behavioral Institute (NBI). The acquisition marks MindPath Health’s entry into Arizona, where it will add nine behavioral health clinics operated by Metropolitan NBI. Terms of the deal were not disclosed. “We […]
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