REIT Relationship Helps Landmark Recovery Fuel Expansion, Navigate Pandemic

Amid the COVID-19 emergency, behavioral health providers are struggling. They’re grappling with increased costs and decreased revenues, while also seeing more demand for their services. As a result, 71% of organizations have had to cancel, reschedule or turn away patients over the past three months, according to a recent survey by the National Council for […]

Transactions: Ginger Acquires LiveBetter’s Tech; Landmark Recovery Buys New Building

Ginger acquires technology assets of LiveBetter San Francisco-based health and wellness startup Ginger has acquired the technology assets of LiveBetter, a free app that helps users address select mental health challenges. Financial terms of the deal were not disclosed. San Francisco-based Ginger is a virtual behavioral health care system that delivers coaching, therapy and psychiatry […]

Sabra CEO Interested in Institutional Behavioral Opportunities, Not ‘Fancy Malibu Retreats’

Behavioral health deals could represent a large opportunity for Sabra Health Care REIT (Nasdaq: SBRA) in the future, according to CEO Rick Matros. Irvine, California-based Sabra is a real estate investment trust (REIT) with a portfolio of 429 properties across the United States and Canada. It has historically specialized in senior housing, skilled nursing and […]

Movers & Shakers: Odyssey Behavioral Healthcare Hires COO; Promises Behavioral Health’s New Marketing Chief

Odyssey Behavioral Healthcare names new president, COO Brentwood, Tennessee-based Odyssey Behavioral Healthcare, which provides a variety of treatment services at centers in seven states, has named Richard Clark as president and COO. Clark has more than 30 years of experience in health care, most recently serving as president of the Western Group for Franklin, Tennessee-based […]

Behavioral Health Real Estate Sparks Interest of Institutional Capital

As stigma decreases and demand for behavioral health services grows, institutional capital is taking notice, with behavioral health real estate being one hot new area of interest.  First movers like Sabra Health Care REIT are hoping to take advantage of the emerging market. “None of our peers are in the space at this point,” Sabra […]

Former Nursing Homes Finding New Life As Behavioral Health Facilities

As the demand for behavioral health services continues to grow, so does the industry, with new developments and facilities popping up every day. Nursing home providers, on the other hand, haven’t been as lucky. The skilled nursing world continues to see financial strain and, in some cases, closures. In that misfortune, a number of behavioral […]

Sabra Eyes More Investment Opportunities Within Addiction Treatment Sector

Although Sabra Health Care REIT (Nasdaq: SBRA) only made its first investment in the addiction treatment sector in the third quarter of 2019, company leaders are optimistic they’ll dive deeper into the space in the future. “We’re working on some other opportunities there as well,” Sabra CEO Rick Matros told investors Thursday on the company’s […]