Birmingham, Ala.-based Bradford Health Services has acquired three Texas-based substance use disorder treatment clinics. The company acquired The Last Resort Recovery Center in Smithville, Crestone Wellness in Taylor and The Chapter House in Richardson, according to a July 2 news…
Investment & Transactions
Hamilton, Ohio-based Butler Behavioral Health and Cincinnati-based Best Point Education and Behavioral Health have merged, creating an organization with approximately $65 million in annual revenue. Butler Behavioral Health is now a wholly owned subsidiary of Best Point, according to a…
Nashville, Tenn.-based Acute Behavioral Health has acquired Kinston, N.C.-based Oakwood Treatment Center. The inpatient psychiatric treatment facility for adolescents was previously owned by Nova Behavioral Health, according to a June 23 news release. Acute Behavioral Health is a network of…
King of Prussia, Pa.-based Universal Health Services and Grand Forks, N.D.-based Altru Health have broken ground on an expanded behavioral health unit. The project will increase capacity at Altru Behavioral Health Center’s inpatient unit from 24 to 48 beds, according…
Lee’s Summit, Mo.-based ReDiscover is planning a $20 million renovation to turn a former grocery store in Kansas City, Mo., into a behavioral health campus, NBC affiliate KSHB reported June 16. The system will convert the 50,000-square-foot site into a…
Advertisement
Fort Myers, Fla.-based SalusCare is searching for a new site for its Cape Coral, Fla., location, the Naples Daily News reported June 13. The site, which provided behavioral health services, sustained significant damage during Hurricane Ian in 2022. The site…
Collier County, Fla. leaders have approved a $56 million, 87-bed mental health facility, the Naples Daily News reported June 11. The 60,000-square-foot site will be funded by taxpayer dollars and operated by Naples, Fla.-based David Lawrence Center. Voters approved funding…
Winchester, Va.-based Valley Health is planning a behavioral health pavilion on the campus of Winchester Medical Center. The new site will consolidate mental health services spread across multiple locations into one space, according to a June 11 news release. Valley…
The first five months of 2025 have seen nearly two dozen mergers and acquisitions in the behavioral health industry. Here are 17 deals to note since Jan. 22: This story was first published March 13 and last updated June 12.
Dayton Children’s Hospital has completed its $108 million Mathile Center for Mental Health and Wellness, which is scheduled to open on July 15. “Mental health is the defining crisis of our children’s generation and therefore, one of our strategic priorities,”…