Matt Morgan and Boston-based private equity firm Summit Partners unveiled a long-in-the-works overhaul of what is now a national mental health platform focused on bridging the gap between outpatient and in-facility care. Called Blended Health, the new entity uncouples outpatient mental health assets from Vertava Health, a company once focused on pivoting its legacy destination […]
Vertava Health sold three of its four residential addiction treatment centers as part of a scale-back and pivot strategy. The Nashville-based mental health and addiction treatment company sold the facilities to Fort Lauderdale, Florida-based Regard Recovery in a deal that closed at the end of 2022. Terms of the deal were not disclosed. The move […]
Mindpath Health is deepening its footprint in its California backyard, as the Sacramento-based behavioral care provider announced Wednesday that it has purchased Psychiatric Centers at San Diego (PCSD). PCSD – which was founded in 1972 – bills itself as one of the nation’s largest and oldest private practice behavioral health groups, offering various care modalities […]
Behavioral health business activity was on fire for another year in 2021, helped largely by a high demand for services among the public that shows no signs of abating any time soon. Transactions for behavioral health providers kicked off the year strong, with 35 deals registered in the first quarter (Q1) of 2021, according to […]
The year 2021 was defined by the many struggles that organizations had largely foisted on them directly or indirectly by the ups and downs of the coronavirus pandemic. But many providers learned how to adapt to the new normal and began to tackle the even bigger challenges that a changing industry leveled on behavioral health […]
Since the beginning of 2021, Sacramento, California-based Mindpath Health has been making a play towards becoming a behavioral health provider with a national reach. After a year of building its profile through de novos and facility purchases, the company has more expansion plans on the horizon for 2022. This May, the company established a foothold […]
With less than a month to go before the beginning of 2022, Mindpath Health shows no signs of letting up on the expansion front. The behavioral health provider announced it has acquired four outpatient addiction treatment offices in Ohio from Vertava Health. Terms of the deal, which was announced Wednesday, were not disclosed. The Ohio […]
The volume of outpatient health care services has climbed for decades, as more Americans need assistance for a variety of concerns, including those pertaining to behavioral wellness. And as factors like value-based care payments have correlated with a rise in outpatient behavioral health assistance, C-suite leaders and investors are taking note. Indeed, outpatient behavioral health […]
The gradual move in behavioral health toward value-based care has shone a bright light on patient outcomes. With government and commercial insurers pivoting away from the traditional fee-for-service payment model, a number of providers are also embracing the arrangement. As some behavioral health executives tell it, value-based care is an effective way to keep many […]
Vertava Health acquires Integrated Addiction Care Associates Vertava Health has announced it has purchased outpatient behavioral health provider Integrated Addiction Care Associates (IAC), in a move that brings together two Tennessee operators. Financial terms of the deal were not disclosed. IAC offers medication-assisted treatment (MAT), intensive outpatient programs (IOP) and primary care services to residents […]
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