Summit BHC announced its acquisition of Cottonwood Tucson, which adds 65 beds to the Summit portfolio and represents the organization’s second location in Arizona.
Seaside Healthcare has acquired Turning Point Family Services, adding another four locations to its operations in North Carolina.
Pharos Capital Group, LLC announced its acquisition of Behavior Care Specialists, an autism treatment service provider based in Sioux Falls, S.D. Terms of the transaction were not disclosed.
The CLARE Foundation and the Matrix Institute on Addictions have voted to merge into a new not-for-profit entity. Services include detox, residential and outpatient care, medication assisted treatment and sober living.
Merger and acquisition firm Mertz Taggart has launched a new Behavioral Health Composite index that will demonstrate the sector’s market performance and track trends over time.
The deal will expand New Directions’ footprint to include 675 employees in nine states working with a network of more than 20,000 providers.
BayMark Health Services has acquired 15 opioid treatment facilities from Health Care Resource Centers, located in three New England states. The transaction also includes a management deal.
Universal Health Services is acquiring three not-for-profit facilities in Mississippi, including a 109-bed inpatient center.
In looking at the big picture in overall healthcare trends for the new year, several issues come to mind for behavioral health.
BayMark Health Services has acquired Private Clinic, its second opioid treatment program in Columbus, Ga., bringing its total portfolio up to 77 locations across 22 states.
Healthcare merger and acquisition activity overall has remained steady for the past several years, however, the behavioral health segment has exhibited some unique market dynamics.
Centerstone Kentucky has announced plans to merge with Uspiritus, which offers two residential centers as well as community-based services for children and youth.
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