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January 19, 2021
Broadstep Behavioral Health has acquired Excalibur Youth Services, which operates six facilities in South Carolina. Broadstep, which moved its headquarters from Wisconsin to North Carolina last year, provides resident and community-based services for individuals with intellectual, developmental…
January 19, 2021
Prescription digital therapeutics firm Pear Therapeutics and Groups Recover Together, an outpatient opioid use disorder treatment provider with operations in eight states, have announced a partnership to deliver their respective services together in Indiana. The deal will pair Groups’ clinical,…
January 13, 2021
Mind Cure Health, a Vancouver, British Columbia-based mental health firm, announced this week that it has signed a letter of intent to acquire an ownership interest in ATMA Journey Centers, a Calgary, Alberta-based treatment center that provides psychedelic-assisted therapy for patients who qualify…
January 12, 2021
London-based COMPASS Pathways and the Sheppard Pratt Institute for Advanced Diagnostics and Therapeutics in Baltimore announced that the two organizations are collaborating on a “Centre of Excellence” that will serve as a research facility and innovation lab for the development of mental healthcare…
January 08, 2021
Summit BHC announced that it recently acquired addiction treatment provider Seabrook, marking Summit BHC’s entry into the state of New Jersey. Seabrook, which has been in business for 46 years, operates a 153-bed inpatient facility, as well as three intensive outpatient programs. With the…
January 06, 2021
Seaside Healthcare, a behavioral health services company based in Shreveport, Louisiana, has announced the acquisition of two Virginia-based providers: Second Chances Comprehensive Services and Simple Intervention.
January 05, 2021
Healthcare insurance company Centene on Monday announced that it has reached an agreement to acquire Magellan Health in a transaction with a total enterprise value of $2.2 billion. The deal is expected to be completed in the second half of 2021. Magellan Health CEO Ken Fasola and other members of…
January 04, 2021
Discovery Behavioral Health announced that it has acquired Prosperity Wellness Center, an adult residential SUD treatment facility in Tacoma, Washington. Prosperity becomes the 10th brand in the Discovery portfolio, which now encompasses more than 100 facilities in 12 states, including four…
January 04, 2021
Acadia Healthcare announced that it has reached an agreement to sell off its operations in the United Kingdom, which conduct business under the name the Priory Group, to Waterland Private Equity in a deal that the company expects to result in net proceeds of approximately $1.35 million. The…
December 16, 2020
BayMark Health Services announced that it has acquired Liberty Bay Recovery Center, a residential treatment facility in Portland, Maine. For BayMark, which operates more than 250 facilities across North America, the acquisition marks the company’s first residential program in the United States,…
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