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 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.
As providers wonder what options they have to manage their debts, there are bankruptcy and non-bankruptcy options; additionally, the CARES Act has expanded the options available to providers which qualify as “small businesses.”
Pear Therapeutics president and CEO Corey McCann, MD, PhD, joins the BHE Podcast to discuss prescription digital therapeutics and their use in the treatment of opioid use disorder and other substance use disorders. McCann also shares information on…