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NEWS2018-12-14T21:01:37+00:00

INDUSTRY NEWS

Pinnacle Treatment Centers Acquires Four Programs in Virginia’s Tidewater Region

April 17th, 2019|

NEWPORT NEWS, Va.--(BUSINESS WIRE)--Pinnacle Treatment Centers (PTC), a leader in providing accessible treatment for substance use disorders, announced today it has acquired four outpatient opioid treatment programs within the state of Virginia, including one office-based opioid treatment program (OBOT) and three opioid treatment programs (OTPs) for adult men and women.

Blue Sprig Pediatrics Announces Acquisition Of West Texas Autism Center

April 16th, 2019|

HOUSTON, April 16, 2019 /PRNewswire/ -- Blue Sprig Pediatrics, Inc. ("BlueSprig") announces that it has acquired the assets of West Texas Autism Center, a West Texas based autism therapy provider with two clinics in Abilene and San Angelo. West Texas Autism Center is a clinic-based provider of Applied Behavior Analysis (ABA) therapy services treating children with Autism Spectrum Disorder (ASD). Terms of the transaction were not disclosed.

Bridges invests in opioid treatment program provider Sunrise

April 16th, 2019|

Bridges Fund Management has made an investment in Sunrise, a medication-assisted treatment and behavioral counseling programs to individuals suffering from opioid use disorder. No financial terms were disclosed. Stifel was financial adviser to Sunrise on the transaction.

Sprout Health Group Acquires Endeavor House North

April 11th, 2019|

EATONTOWN, N.J., April 11, 2019 /PRNewswire/ -- Sprout Health Group, a leading network of inpatient and outpatient facilities for treating addiction and co-occurring disorders, today announced the acquisition of Endeavor House North, a long-running drug treatment center in Kearny, New Jersey. Sprout is assuming management of the program, including taking care of current patients, while also investing to revitalize the facilities. The acquisition enables Sprout to serve all regions of New Jersey and surrounding areas, while putting the group in network with every major insurance carrier in the state, including Horizon Blue Cross Blue Shield, Optum, Cigna, and Aetna.

Kadiant Partners with Kids Overcoming and Integrated Behavioral Solutions

April 11th, 2019|

OAKLAND, Calif. & ATLANTA--(BUSINESS WIRE)--Kadiant Inc., a mission-driven organization that provides high-quality Applied Behavior Analysis (ABA) therapy and related services to individuals diagnosed with autism spectrum disorder (ASD), announced today it has partnered with two leading ABA therapy providers: Kids Overcoming (KOI) and Integrated Behavioral Solutions (IBS). The founders of KOI and IBS will join Kadiant, bringing decades of additional experience in the field to the executive team. Terms of the partnerships were not disclosed.

Texas Based Choice Homecare Continues Expansion With Legacy Hospice Acquisition

April 2nd, 2019|

TYLER, Texas, April 2, 2019 /PRNewswire/ -- Choice Homecare of Texas, LLC ("Choice"), a home health, rehabilitation, and hospice provider based in Tyler, Texas, announced that it has acquired Legacy Hospice. Legacy Hospice is a provider of hospice services with offices in Tyler and Sulphur Springs, Texas. Art Taucher, a founder, owner, and the CFO of Legacy Hospice, will be joining the Choice team and taking a leadership role focused on the continued expansion of the hospice service line for the multifaceted healthcare company.

BrightStar Care Continues Nationwide Expansion with Franchise Owner’s Acquisition of Harmony Home Care

April 1st, 2019|

CHICAGO, April 1, 2019 /PRNewswire/ -- BrightStar Care, the nation's leading in-home care franchise, is igniting its growth strategy of targeting independent in-home care agencies that make viable candidates to convert to the BrightStar Care system. In the most recent development, a BrightStar Care franchisee acquired Sacramento's Harmony Home Care, going into effect on Monday, April 1. BrightStar Care, whose higher standards of care are well known in the home care industry coast-to-coast, offers national resources, such as nurse-led care, skilled nursing and the same accreditation as the country's best hospitals and nursing homes.

Amedisys Closes on Acquisition of RoseRock Healthcare

April 1st, 2019|

BATON ROUGE, La., April 01, 2019 (GLOBE NEWSWIRE) -- Amedisys, Inc. (NASDAQ: AMED), America’s leading independent home health, hospice and personal care company, has closed on its acquisition of RoseRock Healthcare, a hospice care provider in Tulsa, Oklahoma.

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