Adam Nesenoff is convinced that luxury rehabilitation centers, the amenity-filled facilities to treat addiction, are a terrific investment. The problem is convincing others. “Banks are struggling to find what we rely upon,” said Nesenoff, who, with his brother, David Nesenoff, founded Behavioral Health Acquisitions in 2023 as a vehicle to put money into luxury rehab […]
The Braff Group
The substance use disorder (SUD) treatment industry was formerly dotted by small, local providers. In the future, these mom-and-pop providers may go the way of cottage businesses during the Industrial Revolution. To be clear, SUD treatment has not yet been completely limited to assembly lines. Small providers still abound. At the recent Behavioral Health Business […]
Tikvah Lake Recovery changed for the better when it “got rid of the 20 year olds on their phones,” according to Adam Nesenoff. Nesenoff has co-owed Tikvah Lake with his father, David Nesenoff, since 2016. It is a residential addiction treatment center in Sebring, Florida. More specifically, it is a self-described luxury rehabilitation center, charging […]
The Federal Reserve recently announced a long-hoped-for rate cut, potentially enabling easier behavioral health dealmaking. Dealmaking in behavioral health has diminished in recent years after cresting in 2021. The same year, the inflation rate took off. The following year, the Federal Reserve, the American central bank, raised interest rates at the fastest clip in recent […]
Diversity across service lines and payer contracts is often beneficial to both behavioral health patients and businesses. Varying marketing channels can offer both similar and distinct benefits, according to industry insiders. “Just like you would diversify your payer mix to mitigate your risk portfolio, you need to diversify your marketing mix,” Glenn Hadley, senior director […]
The autism industry’s course correction couldn’t have come at a more opportune time. Over the last two years the autism industry has seen a dip in M&A deal flow. After a massive infusion of capital in 2021 and 2022, the industry saw major public stumbles, including the bankruptcy of large ABA provider CARD and massive […]
This article is sponsored by The Braff Group. In this Voices interview, Behavioral Health Business sits down with Nancy Weisling, Senior Advisor, The Braff Group, to discuss key strategies for maximizing value in a sale. She explains how cash and timing factor into a behavioral health deal, as well as the importance of recasting financials […]
While behavioral health deals have been relatively slow since the post-pandemic boom, many buyers and sellers are now evaluating different structures for deals that could include earnouts and seller notes. “There absolutely has been a slowdown in M&A activity really since 2022. And there continues to be a real gap in valuation expectations between buyers […]
Optum owned Refresh Mental Health’s acquisition of outpatient mental health provider CARE Counseling was a bright spot in a slow dealmaking environment. Still, the transaction may provide insights into the near future of outpatient mental health M&A. The tie-up illustrates that interest in outpatient mental health dealmaking is still strong. It also shows that Refresh […]
Private equity drives almost all investment and dealmaking in autism therapy and launched the space to record highs a few years ago. But now investors and their autism therapy platforms are waiting for something to give before getting back into the dealmaking game. But what that is not clear, experts in the space tell Autism […]