Nationwide, 6% of mental health facilities and 7% of addiction treatment facilities are owned by private equity firms.
A few states, including Araknsas, Hawaii and Rhode Island, have no identified private equity activity in the behavioral health space.
Here are the states with the highest concentrations of private-equity owned mental health and addiction treatment facilities:
Behavioral health:
1. Colorado: 26.5%
2. Texas: 23.90%
3. North Carolina: 23.0%
4. Illinois: 11.1%
5. Minnesota: 10.6%
T-6. Florida: 10.30%
T-6. Massachusetts: 10.3%
8. Virginia: 9.3%
9. Georgia: 9%
10. Alabama: 8.1%
Substance use treatment facilities:
1. Virginia: 22.1%
2. Alabama: 19.3%
3. Tennessee: 18.2%
4. Ohio: 17.6%
5. Kentucky: 15.7%
6. Pennsylvania: 14.3%
7. Idaho: 14.8%
8. Louisiana: 14.1%
9. Washington, D.C.: 12.5%
10. North Carolina: 9.6%