Behavioral Health

San Francisco Bay Area Psychiatric Acquisition Will Increase Access to Advanced Care

Bay Psychiatric Associates is pleased to announce the acquisition of Lenox Hill TMS Psychiatric Associates Bay Area as part of its commitment to improving access to high-quality psychiatric care throughout the Bay Area. Bay Psychiatric Associates has provided community-based psychiatric and interventional psychiatry services for more than 25 years. With over 30 psychiatric physicians, they

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Philadelphia Nonprofit Opening Nation’s First Supervised Injection Site Next Week

After a two-year battle, the Philadelphia nonprofit Safehouse says next week it will open the first space in the U.S. where people struggling with addiction can use opioids and other illegal drugs under the supervision of trained staff. The Wednesday announcement comes one day after a U.S. district judge issued a final ruling declaring the

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Nuances Are the Norm: Acquisitions of IDD Providers

Intellectual and developmental disabilities (IDD) providers fill a critical need in communities and around the country. Given the vulnerable population served by these providers, regulating agencies have implemented stringent and often unique requirements that make transactions in the space nuanced, and attention to detail is critical. This article from Arnall Golden Gregory LLP includes a

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The IMA Group Announces Acquisition of PsyBar, Expands National Footprint as Single Source Provider

Recognizing the growing importance of quality behavioral health programs for payers, The IMA Group (IMA) announced today the acquisition of PsyBar, one of the nation’s leading specialty providers of behavioral health, independent medical exams (IME), and other employment related services. Financial terms of the acquisition were not disclosed. To ensure a seamless transition for existing

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Cimarron Healthcare Capital Announces Acquisition of Ascent Behavioral Health

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

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