The need for behavioral health services is at an all-time high – and private equity investors have taken note. In the first three quarters of 2022, private equity deals made up more than 60% of behavioral health transactions, according to data from The Braff Group. Many investors see the fragmented behavioral health industry as a […]
Jeff Pritchard started at the bottom of the ladder in addiction treatment. In the early 1990s, he worked as a behavioral health technician in Terra Alta, West Virginia — population: 1,713. Today, he’s the new chief operating officer for Oceans Healthcare LLC, a fast-growing Plano, Texas-based psychiatric and addiction treatment provider. He started the role […]
Discovery Behavioral Health (DBH) is rolling out a new integrated division that combines traditional, telehealth and specialized outpatient services to treat depression and substance use disorders (SUDs). DiscoveryMD is the fourth division of Los Alamitos, California-based DBH, which operates over 130 centers in 13 states for mental health, SUD and eating disorder treatment. DiscoveryMD will […]
Addiction treatment provider BayMark Health Services is expanding again via acquisition, as its affiliate AppleGate Recovery has purchased Indianapolis-based Lucina Treatment Centers. Established in 2016, Lucina operates five clinics for opioid use disorder (OUD) treatment throughout central and northeastern Indiana, which includes two locations in its Indianapolis homebase as well as three facilities in Kokomo, […]
Behavioral health services provider Oceans Healthcare has launched a new capital partnership with Webster Equity Partners to accelerate its growth even further. Headquartered in Plano, Texas, the company operates 33 locations in Texas, Louisiana and Mississippi, which includes 23 inpatient hospital campuses and 20 intensive outpatient programs. Founded in 2004, Oceans initially targeted services to […]
Talkiatry fills leadership roles with new hires Virtual behavioral health provider Talkiatry has added to its leadership team with two new hires. Adam Bunke joins New York-based Talkiatry as its head of design. Bunke comes to the company from Philips, where he was a design director and creative strategist for the global conglomerate. Bunke has […]
Substance use disorder (SUD) treatment provider BayMark Health Services has acquired Granite Recovery Centers, a Salem, New Hampshire-based operator of residential treatment facilities and sober homes. The deal expands BayMark’s sizable footprint across North America, as it operates over 300 facilities in 35 states and three Canadian provinces. Headquartered in Lewisville, Texas, BayMark is backed […]
Discovery Behavioral Health opens eating disorder treatment program Discovery Behavioral Health (DBH), a multi-state provider of services across the behavioral health spectrum, has opened an eating disorder treatment program for preteens and adolescents in Enumclaw, Washington. Located north of Seattle, the gender-inclusive program operates under the Center of Discovery brand and treats patients ages 11-17 […]
UHS celebrates “beam-topping” of new JV with Valley Children’s Healthcare Universal Health Services (NYSE: UHS) recently celebrated a milestone “beam topping” event in the construction of its newest hospital, River Vista Behavioral Health in Madera, California. Construction workers successfully placed the final steam beam atop the 81,600-square-foot, 128-bed facility, which is situated in California’s Central […]
BayMark opens new Ohio clinic Substance use disorder (SUD) treatment provider BayMark Health Services has opened a new clinic in Marietta, Ohio, which offers medication-assisted treatments (MATs) for individuals suffering from opioid addiction. MedMark Treatment Centers Marietta is located in the southeastern corner of the state in Washington County — across the Ohio River from […]
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