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Merger creates large nonprofit in Washington

June 18, 2018  |  Julie Miller, Editor in Chief
news

Navos and Community Psychiatric Clinic announced they will merge operations, with the combined company taking the Navos name on Nov. 1, 2018.

Castlewood acquires five eating disorder treatment programs

June 11, 2018  |  Tom Valentino, Senior Editor
news

Castlewood Treatment Centers has expanded its portfolio of eating disorder treatment facilities by acquiring five locations in California from La Ventana Treatment Programs.

Banyan acquires Behavioral Health of the Palm Beaches

June 6, 2018  |  Tom Valentino, Senior Editor
article

The acquisition Behavioral Health of the Palm Beaches, and its Seaside Palm Beach executive treatment rehab, is Banyan’s second such deal in 2018.

JourneyPure deal adds Florida outpatient centers

June 5, 2018  |  Julie Miller, Editor in Chief
article

JourneyPure Holdings has added Florida Counseling Centers to its portfolio. Terms of the deal were not disclosed.

Elements files for chapter 11 bankruptcy

May 25, 2018  |  Julie Miller, Editor in Chief
article

Elements Behavioral Health announced it is filing chapter 11 bankruptcy and will restructure the company. According to executives, all clinical programs will remain in place during the process.

Webster Capital acquires autism network

May 21, 2018  |  Julie Miller, Editor in Chief
news

Webster Capital has acquired Behavior Development Group, which treats children with autism spectrum disorder. Terms of the deal were not disclosed.

Liberation Way deal complemented by Rothermel CEO appointment

May 14, 2018  |  Julie Miller, Editor in Chief
article

Drew Rothermel has been named CEO of Liberation Behavioral Health, just as the company is announcing that Fulcrum Equity Partners has acquired majority interest.

Acadia partners with St. Thomas on new psych hospital

May 14, 2018  |  Julie Miller, Editor in Chief
news

In its latest agreement, Acadia has partnered with Saint Thomas Health in Nashville, Tenn., on a new freestanding psychiatric inpatient hospital, projected to include 40 adult beds and 36 geriatric beds.

InTandem acquires Turning Point Centers

May 9, 2018  |  Julie Miller, Editor in Chief
article

InTandem Capital Partners has announced the acquisition of Turning Point Centers, with four locations in Utah.

How to remodel your business

May 7, 2018  |  Julie Miller, Editor in Chief
article

Management services organizations, employee stock ownership plans and real estate investment trusts are just a few of the lesser-known options that owners might consider in lieu of a total private equity sale.

Succession planning remains pivotal in M&A era

April 30, 2018  |  Julie Miller, Editor in Chief
article

Just over half of treatment center organizations say they don’t have succession plans in place. But experts believe succession planning can better prepare businesses to quickly adapt to an ever-evolving market.

Delphi merges with Summit Behavioral Health

April 27, 2018  |  Julie Miller, Editor in Chief
article

Delphi Behavioral Health Group has merged with Summit Behavioral Health in a deal that brings with it facilities in New Jersey, Massachusetts and Pennsylvania.

 

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