New Directions Behavioral Health Acquires Digital Solutions Company Tridiuum

New Directions Behavioral Health, which provides a range of behavioral health services in partnership with various entities, announced Friday that it is purchasing digital health solutions platform Tridiuum. Headquartered in Overland Park, Kansas, New Directions works with payors, employers and higher education institutions to serve over 15 million members nationwide. New Directions’ offerings include managed […]

Pipeline: Discovery Behavioral Health Opens New Treatment Program; Spero Health’s Two New SUD Clinics

Discovery Behavioral Health opens eating disorder treatment program Discovery Behavioral Health (DBH), a multi-state provider of services across the behavioral health spectrum, has opened an eating disorder treatment program for preteens and adolescents in Enumclaw, Washington. Located north of Seattle, the gender-inclusive program operates under the Center of Discovery brand and treats patients ages 11-17 […]

Patient Square Capital to Purchase Summit BHC for Over $1 Billion

Approximately a month after news surfaced that Summit BHC was up for sale, a deal to buy the substance use disorder (SUD) treatment provider has been reached. Patient Square Capital, a Menlo Park, California-based health care investment firm, has agreed to buy Summit from FFL Partners and Lee Equity Partners. Terms of the deal, which […]

Lee Equity, FFL Partners Reportedly Exploring Sale of Summit BHC

The behavioral health and substance use disorder (SUD) treatment provider Summit BHC is reportedly up for auction. The private equity firms Lee Equity Partners and FFL Partners — which own controlling stakes in the Franklin, Tennessee-based company — are currently searching for a buyer, sources told PE Hub in a story published Thursday. Global investment […]