Monte Nido Names New COO; Cerebral Appoints Chief People Officer

Monte Nido hires new COO Giulia Peterlongo has begun her new role as the chief operating officer at eating disorder provider Monte Nido & Affiliates. Before joining Monte Nido, Peterlongo worked for DaVita Kidney Care for almost seven years, recently serving as division vice president. She previously served as a health care specialist at McKinsey […]

Monte Nido Launches New Residential Facilities; Centra, Lifepoint Announce New Behavioral Health JV

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 […]

How Health Care Vet Cassie McLean Is Building an Eating Disorder Treatment Powerhouse at Monte Nido & Affiliates

After naming a new CEO and changing ownership in late 2022, eating disorder provider Monte Nido & Affiliates is set on growing its footprint while expanding access to its services. To execute that mission, the private equity-backed company has tapped health care veteran Cassie McLean, who has worked in the sector for decades, most recently […]

Acadia Healthcare Announces New 120-Bed Facility; Oceans Healthcare Partners with Ochsner Lafayette General

Monte Nido, Discovery Behavioral Health announced eating disorder treatment facilities Miami-based Monte Nido & Affiliates and Irvine, California-based Discovery Behavioral Health announced it is opening new facilities to treat eating disorders. Monte Nido, which specializes in eating disorder treatment and is among the largest in that space, announced in November two new facilities — a […]

The Deals that Defined Behavioral Health Investment in 2022

Dealmaking has made behavioral health one of the most interesting segments of the health care sector. And 2022 was no exception even after a historic 2021. Behavioral Health Business has identified a handful of deals that caught our eye as we look back at the year that was 2022. Not all of them are big-dollar […]

Revelstoke Capital Partners Acquires Eating Disorder Provider Monte Nido & Associates

Monte Nido & Affiliates, a national eating disorder treatment provider, is under new ownership, according to a new report by Axios Pro.  Denver-based health care-focused private equity firm Revelstoke Capital Partners reportedly won the bid for Monte Nido & Affiliates. The Beverly Hills, California-based Levine Leichtman Capital Partners presently owns Monte Nido. Levine Leichtman first […]

Pipeline: Spero Health Opens Clinics in Two States; New Eating Disorder Treatment Offerings from Monte Nido, Alsana

Spero Health expands footprint with three new clinics Substance use disorder (SUD) treatment provider Spero Health has opened the doors to three new facilities in the South. Two of those clinics are located in central Kentucky in the towns of Clarkson and Lebanon, both of which accept Kentucky Medicaid and a number of commercial insurance […]

Monte Nido Could Reportedly Fetch $1B Sale Price

Los Angeles-based Levine Leichtman Capital Partners LLC apparently wants to unload Miami-based eating disorder treatment provider Monte Nido & Affiliates Holdings LLC. PEHub.com reported Monday that Levine Leichtman could seek a sale price of up to $1 billion. That’s based on unnamed sources disclosing to PEHub.com that the private equity firm is seeking a 20x […]

Behavioral Health M&A Dips in Q3, But On Track for Record in 2021

Mergers and acquisitions (M&A) among behavioral health providers dipped a bit in the third quarter (Q3), but the sector is still poised to close out 2021 on a high note. Across the behavioral health care spectrum, 25 transactions occurred in Q3 2021, according to a report released by M&A advisory firm Mertz Taggart. The number […]