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US firm invests in leading UK addiction treatment center operator

September 12, 2018  |  Tom Valentino, Senior Editor
news

UK Addiction Treatment Group, the largest private treatment center operator in the United Kingdom, has received an investment from Eli Global.

RCA expands insurance coverage deal with Aetna

September 10, 2018  |  Tom Valentino, Senior Editor
article

Aetna customers will now have in-network coverage for substance use disorder treatment at all Recovery Centers of America facilities.

Single-payer and single-measure – but not single-price – a winning combo

July 27, 2018  |  Ron Manderscheid, Executive Director, NACBHDD and NARMH
blog

If we are to enjoy the benefits of a single-payer system without falling into the trap of a single-price system, we also must develop a single-measure system.

BelHealth acquires Beach House

June 28, 2018  |  Julie Miller, Editor in Chief
news

Private equity firm BelHealth Investment Partners has finalized a deal to acquire Beach House Center for Recovery with facilities in Florida.

UHS opens partnership hospital

June 28, 2018  |  Julie Miller, Editor in Chief
news

The new Lancaster Behavioral Health Hospital in Pennsylvania will launch in early July as a partnership between Penn Medicine Lancaster General Health and Universal Health Services. Partnership arrangements are a growing trend.

Hazelden Betty Ford announces in-network status with Optum

June 28, 2018  |  Julie Miller, Editor in Chief
news

The Hazelden Betty Ford Foundation has arranged in-network access with Optum, the health management arm of the large insurance carrier UnitedHealth Group.

Consolidation is necessary in the addiction treatment space

June 27, 2018  |  Jacob Lynch
Perspectives

There is a gigantic amount of dry powder waiting to be deployed in this industry from investment firms. If your business is to be considered an opportunity, getting key aspects in place would help your value.

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.

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.

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.

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