Pipeline: Acadia’s New Suicide Prevention Centers; New SUD Locations

Acadia partners with suicide prevention organization to open new centers Acadia Healthcare (Nasdaq: ACHC) has opened 15 community resource centers in partnership with a leading suicide awareness organization to help young individuals with opioid use disorder (OUD). The centers are located in four states across the country within Acadia’s Comprehensive Treatment Centers (CTC), which provide […]

Pipeline: New Projects for Acadia, UHS; SUD Providers Expand Reach

Acadia forms JV with Geisinger Acadia Healthcare (Nasdaq: ACHC) has formed a joint venture (JV) with Danville, Pennsylvania-based Geisinger Health System to build two new inpatient behavioral health facilities. The companies are putting a combined total of about $80 million toward the projects. The first of the two facilities will open next year in Moosic, […]

Pipeline: Spero, SaVida Add New Treatment Centers; Caravel Deepens Footprint in Illinois

Banyan Treatment Centers opens first Texas location Banyan Treatment Centers has opened its newest facility in Waelder, Texas. Located in the southeastern part of the state, Banyan Texas is a 70-acre facility that provides drug and alcohol detoxification and residential addiction treatment services. The services are geared toward dual diagnosis patients struggling with addiction and […]

Pipeline: Kindred’s Latest Behavioral Project; RCA, Odyssey Add Multiple New Locations

Kindred enters JV to add new behavioral, rehabilitation hospital Kindred Healthcare has entered into a joint venture with Antelope Valley Hospital to build and operate a new hospital in northern Los Angeles County. The 125,000-square-foot facility will have 96 behavioral beds and 25 acute inpatient rehabilitation beds. Headquartered in Louisville, Kentucky, Kindred is a specialty […]

SUD Providers Could Face Financial Failure in 2021, Industry Executives Predict

The COVID-19 emergency has only exacerbated the nation’s substance use disorder (SUD) crisis, which was already a national emergency in and of itself. Amid the coronavirus, overdose deaths have spiked, with the nation seeing about a 10% increase in fatalities in the first three months of the year, according to the Centers for Disease Control […]

Pipeline: MAT Expansions at SaVida, Spero Health; Monte Nido Enters Second Southeastern State

Monte Nido expands into second Southeastern state Monte Nido & Affiliates has opened a new residential eating disorder treatment center in Georgia. With the new facility, which is located just outside of Atlanta, the provider has planted its second flag in the Southeast. Malibu, California-based Monte Nido is a private equity-backed eating disorder treatment provider […]

Pipeline: SaVida’s Continued Expansion; New Behavioral Hospital

SaVida Health adds second Maine center SaVida Health has opened its second medication-assisted treatment (MAT) center in Maine. The new location is set to open in Brewer on Nov. 5. Overall, SaVida operates more than 20 outpatient MAT centers across Vermont, Massachusetts, Maine, Virginia and Delaware. The PE firm Council Capital made a control investment […]

In the Pipeline: CleanSlate, SaVida’s New Clinics; UHS’ Oregon Hospital Proposal

Opened CleanSlate Centers opens new Wisconsin location CleanSlate Centers, a Nashville-based provider of outpatient alcohol and opioid addiction treatment services, has opened a new location in LaCrosse, Wisconsin, bringing its number of facilities in the state up to 13. Overall, CleanSlate operates facilities in 11 states, nine of which are east of the Mississippi River. […]