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Business Strategy

Our industry can make strong financial arguments to large healthcare payers about our work and our potential. Yet there are some traps we must avoid.
Providence Treatment has acquired Main Line Recovery, an outpatient program just outside Philadelphia, and entered into a deal with Quest Behavioral Health to expand services for healthcare professionals at Penn Medicine.
The new name for the Nashville, Tennessee-based provider is a combination of two Latin words that the company says reflect its treatment programs for patients with addiction and mental health conditions.
The residential program in Montgomery Township, Texas, will now be known as The Meadows Texas.
The behavioral health sector saw 18 deals completed overall in the second quarter, paced by addiction treatment organizations, which accounted for 12, according to the latest Mertz Taggart report. The numbers are down from Q1, but not dramatically so.
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