Optum-Backed Refresh Mental Health Acquires CARE Counseling

Optum-owned Refresh Mental Health has acquired fast-growing outpatient mental health provider CARE Counseling, according to several sources close to the matter. The deal marks the second Optum-affiliated outpatient mental health acquisition in the last few years. In 2022, Optum acquired what was ostensibly the second-largest outpatient mental health company: Jacksonville Beach, Florida-based Refresh Mental Health. Refresh is only second to Lifestance Health Group (Nasdaq: LFST) regarding the number of clinics. St. Louis Park, Minnesota-based CARE Counseling has been identified as one of the fastest companies in all of the U.S., regardless of industry, in terms of revenue growth.

Read the full article: Optum-Backed Refresh Mental Health Acquires CARE Counseling //

Source: https://bhbusiness.com/2024/04/11/optum-backed-refresh-mental-health-acquires-care-counseling

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