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NEWS2019-08-12T19:16:29-04:00

INDUSTRY NEWS

Cimarron Healthcare Capital Announces Acquisition of Ascent Behavioral Health

February 19th, 2020|

SALT LAKE CITY, Feb. 19, 2020 /PRNewswire/ -- Cimarron Healthcare Capital ("CHC"), a private equity firm focused on making investments into healthcare companies in the lower middle-market, today announced that it has completed the acquisition of Ascent Behavioral Health ("Ascent" or "the Company") together in partnership with Company's management team, Monroe Capital ("Monroe") and Veronis Suhler Stevenson ("VSS"). Ascent provides wilderness therapy, residential treatment and therapeutic boarding school programs for adolescents with mental health issues such as depression, anxiety and attachment disorder. Financial terms of the private transaction were not disclosed.

Caregiver Inc. Completes Acquisition of Mosaic Operations in Texas

February 11th, 2020|

FORT WORTH, Texas--(BUSINESS WIRE)--Caregiver Inc., the leading Texas provider of long-term care services and supports to people with intellectual and developmental disabilities, announced today it has closed on its acquisition of Mosaic operations in Texas, expanding the company’s presence in the state and strengthening its portfolio of providers.

The Center for Balanced Living in Columbus, Ohio Announces the Joining of Treatment Services with The Emily Program, a National Leader in the Treatment of Eating Disorders

February 3rd, 2020|

COLUMBUS, Ohio, Feb. 3, 2020 /PRNewswire/ -- The Center for Balanced Living has entered into an agreement for the transition of The Center's eating disorder treatment services to The Emily Program, one of the largest eating disorder treatment programs in the country. The eating disorder treatment program at The Center will become The Emily Program – Columbus when the process finalizes at the beginning of March 2020. The Center for Balanced Living will continue as a non-profit with the mission of community education and advocacy aimed at raising awareness and reducing stigma of eating disorders. Both The Center and The Emily Program will be housed at the current location.

Acorn Health Acquires Autism University in Macomb, MI

January 30th, 2020|

MIAMI--(BUSINESS WIRE)--Acorn Health is pleased to announce Autism University, formerly a subsidiary of Crawl Walk Jump Run, in Macomb, MI, has now joined Autism Centers of Michigan (ACM), an Acorn Health company. Autism University will serve as an additional center for ACM in the Southeast region of Michigan, providing high quality center-based Applied Behavior Analysis (“ABA”) services to children diagnosed with autism. With this acquisition, Acorn now operates 11 centers in Michigan under the Autism Centers of Michigan brand, and continues to look for partnerships with high-quality provider groups in existing and adjacent markets. Acorn is currently providing ABA services in Michigan, Illinois, Virginia, and Florida.

Do Your Employees Have Value?

January 30th, 2020|

Do Your Employees Have Value? Bruce Vanderlaan, JD, Managing Director, Mertz Taggart, LLC January 29, 2020 The short answer, of course, is yes.  The underlying questions are determining the value, along with the typical, “who, what, when, where, why, and how” of trying to figure [...]

Montlake Capital Invests in Puget Sound Home Health Care Business

January 29th, 2020|

Montlake Capital (www.montlakecapital.com) is pleased to announce a growth equity investment in Fedelta Home Care (www.fedeltahomecare.com). Founded more than 15 years ago, Fedelta Home Care (“Fedelta”) is the leading provider of home care and home health care services in the Puget Sound region. Fedelta services the Puget Sound through offices in Seattle, Federal Way and Bellevue focusing on Service, Quality, Safety and Uncompromising Integrity.

Hospice Care Of South Carolina Acquires Agapé Hospice, Becoming The Largest Hospice Care Provider Across The State

January 28th, 2020|

SPARTANBURG, S.C., Jan. 28, 2020 /PRNewswire/ -- Hospice Care of South Carolina (HCSC), a portfolio company of The Vistria Group, announced today that it has acquired Agapé Hospice (Agapé), creating the leading hospice care provider in the state of South Carolina. The combined organization has 800+ employees and cares for more than 1,400 patients across all 46 counties in the state. No financial terms were disclosed.

Eden Health Welcomes Legacy Home Healthcare of Southern Arizona into its Family

January 27th, 2020|

SIERRA VISTA, Ariz. and SAFFORD, Ariz., Jan. 27, 2020 /PRNewswire/ -- Effective January 1, 2020, Legacy Home Healthcare of Southern Arizona, serving Greenlee, Graham, and Cochise Counties, has been sold to Eden Health, a 100% employee-owned home services division under the EmpRes Healthcare Family of Companies. This transition includes two Medicare-certified home health agencies located in Sierra Vista and Safford.

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