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February 19, 2020
Private equity firm Cimarron Healthcare Capital on Wednesday announced that it has completed an acquisition of Ascent Behavioral Health in partnership with the company’s management team, private credit asset management firm Monroe Capital and private investment firm Veronis Suhler Stevenson.…
February 11, 2020
The city of San Francisco is purchasing Grove Street House and South Van Ness Manor, a pair of residential facilities at risk of closing, according to a Bay City News Services report. The decision was announced by Mayor London Breed and city Supervisor Rafael Mandelman.
February 10, 2020
Anne Arundel Medical Center and Sheppard Pratt Health System have announced a partnership that will expand AAMC’s behavioral health services. The two organizations also announced that Rod L. Kornrumpf, FACHE, has been named AAMC’s vice president of behavioral health. In this role, he will help lead…
January 31, 2020
After years of robust activity, data from the fourth quarter of 2019 suggests investors are taking a wait-and-see approach to the addiction treatment industry. It’s a trend that Kevin Taggart, managing partner of the M&A advisory firm Mertz Taggart, expects to continue through the first half of…
January 31, 2020
Acorn Health, a provider of applied behavior analysis therapy for children diagnosed with autism in four states, announced on Friday that it has acquired Autism University. AU will serve as an additional center for Acorn’s Autism Centers of Michigan in the southeast region of the state. Autism…
January 22, 2020
Summit BHC on Wednesday announced that it has acquired Peak View Behavioral Health, a 112-bed acute psychiatric and behavioral health hospital in Colorado Springs, Colorado. Peak View, which opened in 2009, becomes Summit’s first facility in Colorado. Summit, which is based in Franklin, Tennessee…
January 21, 2020
Merger and acquisition activity for the behavioral healthcare sector in the fourth quarter of 2019 was down compared to both the previous quarter, as well as the same period in 2018, according to a report published this week by Healthcare M&A Report. For the final quarter of 2019, 15…
January 09, 2020
Turnbridge, an operator of addiction and mental health treatment programs based in New Haven, Connecticut, announced on Thursday that it has acquired Clearpoint Recovery Center, an intensive outpatient program that treats adults with substance use and co-occurring mental health disorders, in nearby…
January 07, 2020
Discovery Behavioral Health announced on Tuesday that it has acquired Associated Behavioral Health Care of Seattle, a mental health and addiction treatment services provider. The deal was reached on Dec. 31.
January 06, 2020
The Stepping Stones Group on Monday announced that it has acquired STAR of CA, a California-based provider of applied behavior and analysis and mental health services in home, community and school-based settings. STAR will operate as a Stepping Stones subsidiary. STAR co-founder, president and CEO…
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