BayMark Health Services Inc. announced Friday the acquisition of Fritz Clinic, a group of six office-based opioid treatment (OBOT) programs based in Central and Northern Alabama. The Lewisville, Texas-based substance use disorder (SUD) treatment provider deepens its presence in Alabama with the deal; its website lists four existing locations in the state. BayMark Health made […]
Remote patient monitoring (RPM) and similar technologies may help behavioral health operators track patients outside of a provider’s office. These vital data are key to a number of increasingly present market trends that have to do with bringing more data and greater objectivity to the practice of behavioral health. For example, the slow but inexorable […]
Addiction treatment provider BayMark Health Services is expanding again via acquisition, as its affiliate AppleGate Recovery has purchased Indianapolis-based Lucina Treatment Centers. Established in 2016, Lucina operates five clinics for opioid use disorder (OUD) treatment throughout central and northeastern Indiana, which includes two locations in its Indianapolis homebase as well as three facilities in Kokomo, […]
Behavioral health services provider Oceans Healthcare has launched a new capital partnership with Webster Equity Partners to accelerate its growth even further. Headquartered in Plano, Texas, the company operates 33 locations in Texas, Louisiana and Mississippi, which includes 23 inpatient hospital campuses and 20 intensive outpatient programs. Founded in 2004, Oceans initially targeted services to […]
Behavioral health business activity was on fire for another year in 2021, helped largely by a high demand for services among the public that shows no signs of abating any time soon. Transactions for behavioral health providers kicked off the year strong, with 35 deals registered in the first quarter (Q1) of 2021, according to […]
Substance use disorder (SUD) treatment provider BayMark Health Services has acquired Granite Recovery Centers, a Salem, New Hampshire-based operator of residential treatment facilities and sober homes. The deal expands BayMark’s sizable footprint across North America, as it operates over 300 facilities in 35 states and three Canadian provinces. Headquartered in Lewisville, Texas, BayMark is backed […]
BayMark opens new Ohio clinic Substance use disorder (SUD) treatment provider BayMark Health Services has opened a new clinic in Marietta, Ohio, which offers medication-assisted treatments (MATs) for individuals suffering from opioid addiction. MedMark Treatment Centers Marietta is located in the southeastern corner of the state in Washington County — across the Ohio River from […]
Amwell acquires two virtual health care companies After hinting last year at its intentions of acquiring a behavioral health startup, Amwell (NYSE: AMWL) has acquired two virtual care providers, one of which specializes in mental health. The Boston-based telehealth company announced that it has purchased SilverCloud Health and Conversa Health for a combined $320 million. […]
BrightView buys Aspire BrightView Health has struck a deal to acquire Aspire, a substance use disorder (SUD) treatment provider in Chesapeake, Virginia. Financial terms of the transaction were not made public. Headquartered in Cincinnati, BrightView operates 39 SUD treatment clinics across Virginia, Ohio, Kentucky and Delaware. The comprehensive addiction treatment provider accepts Medicaid, Medicare and […]
HCAP Partners invests in AMFM Healthcare HCAP Partners, a California-based private equity firm, has invested more money into AMFM Healthcare, a mental health treatment provider. Terms of the follow-on investment were not disclosed, nor was the amount of money HCAP has previously invested into the company. Headquartered in San Diego, California, HCAP provides mezzanine debt […]
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