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January 2020

Turnbridge® expands high-quality mental health and addiction treatment to Westport

2020-01-15T08:48:24-05:00January 8th, 2020|

WESTPORT, Conn., Jan. 8, 2020 /PRNewswire/ -- Turnbridge® is proud to take ownership of Clearpoint Recovery Center, an intensive outpatient treatment program in Westport, Connecticut. The program treats adults with substance use and co-occurring mental health disorders. By acquiring Clearpoint, Turnbridge can provide a new level of high-quality, integrated addiction and mental health treatment to adults in Westport and surrounding communities. The new entity is called Turnbridge Westport.

Galen Partners completes acquisition of Evolve Treatment Centers, a leading provider of adolescent behavioral health services in California

2020-01-13T08:49:59-05:00January 8th, 2020|

STAMFORD, Conn., Jan. 08, 2020 (GLOBE NEWSWIRE) -- Galen Partners, a healthcare-focused growth equity investment firm, announced today the acquisition of Evolve Treatment Centers. Headquartered in Los Angeles, CA, Evolve is a leading adolescent behavioral health services provider, specializing in mental health, trauma, and substance abuse for adolescents in need. Evolve’s mission is to transform the teen mental health space, ensuring that teens and their families have the highest level of compassionate care available.

Care Advantage Completes Acquisition of Amaisa Home Care

2020-01-08T08:56:57-05:00January 7th, 2020|

Richmond, VA – January 7, 2020 – Care Advantage, a leading provider of home healthcare services in the Mid-Atlantic and a BelHealth Investment Partners (“BelHealth”) portfolio company, announced the acquisition of Amaisa Home Care (“Amaisa” or the “Company”).

Discovery Behavioral Health Acquires Seattle Treatment Centers

2020-01-08T08:45:31-05:00January 7th, 2020|

LOS ANGELES, Jan. 7, 2020 /PRNewswire/ -- Discovery Behavioral Health, a nationwide leader in mental health services, has acquired Associated Behavioral Health Care (ABHC) of Seattle, one of the leading providers of addiction and mental health services in the Northwest with four centers located throughout greater Seattle. The acquisition which took place on December 31, 2019, caps a banner year for DBH during which it acquired four additional treatment center brands.

LHC Group Adds $23.8M in Revenue; BelHealth-Backed Care Advantage Lands Amaisa Home Care

2020-01-10T08:35:54-05:00January 7th, 2020|

LHC Group completes JV purchase, expansion agreements LHC Group Inc. (Nasdaq: LHCG) has hit the ground running in 2020. The Lafayette, Louisiana-based home health, hospice and personal care powerhouse announced Monday it has finalized joint venture purchase and expansion agreements in Texas, Arkansas and Louisiana. The transactions — all effective as of Jan. 1 — represent annualized revenue of about $23.8 million.

The Stepping Stones Group Acquires STAR of CA

2020-01-06T11:40:00-05:00January 6th, 2020|

BOSTON, Jan. 6, 2020 /PRNewswire/ -- The Stepping Stones Group (Stepping Stones), a leading national provider of therapeutic, behavioral and autism services to children in educational and community settings, today announced the acquisition of STAR of CA, a California based provider of home, community, and school-based Applied Behavioral Analysis (ABA) and mental health services.

The Pennant Group Acquires Home Health Agency in Nevada

2020-01-06T13:23:18-05:00January 2nd, 2020|

EAGLE, Idaho, Jan. 02, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that a subsidiary of Cornerstone Healthcare, Inc., Pennant’s home health and hospice portfolio subsidiary, has acquired the assets of Desert View Home Health, which provides home health services in Clark County, Nevada. The acquisition was effective January 1, 2020.

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