Behavioral Health

Behavioral health is a vast field, meaning forms of treatment or behavioral health care can look different for each patient depending on what they need help with.  It’s common for the term ​“behavioral health” and ​“mental health” to be used interchangeably despite their distinct differences.  When thinking about behavioral health in terms of insurance, it can be challenging to understand what is covered.

Behavioral health services focus on daily habits, behaviors, and actions that can be impacting a patient’s mental and/​or physical health. For example, when examining the behavioral health needs of a patient, a behavioral health provider may look at the patient’s daily exercise or eating habits to see how they are linked to their levels of anxiety or depression. Many in the medical field view behavioral healthcare as more holistic, calling it ​“better care and health for the whole person.”

The Behavioral Health Sector includes distinct sub-sectors, each with their own characteristics, challenges and opportunities.

  • Addiction Treatment
  • Autism Services & Intellectual/Developmental Disabilities
  • Mental Health

Demand for mental health services, much like the addiction treatment sector, continues as social isolation and anxiety resulting from the COVID-19 pandemic have exacerbated mental health conditions for many individuals.

M&A Transaction Activity

Below are M&A transaction activities which has been compiled from our work with businesses within this sector and our independent research in publicly available information.  For additional information, please contact us here.

Merger and Acquisition Transactions

Integrative Life Network Acq’d. Shadow Mountain Treatment Center

Integrative Life Network (ILN; https://www.integrativelifenetwork.com), a nationally recognized family of premier trauma-focused treatment programs including Integrative Life Center, Begin Again Institute, and Boulder Recovery, is expanding with a new acquisition…
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Pinnacle Treatment Centers Acquires MBA Wellness Center in GA

Pinnacle Treatment Centers, a leading provider of community-based drug and alcohol addiction treatment services, announced it has acquired MBA Wellness Center in Stockbridge, Georgia. Founded in 2010, MBA Wellness Center…
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BayMark Health Svcs. Acquires Nashville Recovery Suboxone Clinic

BayMark Health Services announced the acquisition of Nashville Recovery, an office-based opioid treatment (OBOT) program approximately 10 miles south of Downtown Nashville. Established in 2017, Nashville Recovery provides OBOT services…
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Healthcare MarketPulse Overview: The Year Ahead in 2023

Paragon Ventures’ Market Pulse transactions are provided as a matter of public record and compiled to provide an overview of the Healthcare Market Pulse™ of recent acquisition and merger activities within the…
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Revelstoke Capital Acquires Monte Nido & Affiliates

Revelstoke Capital Partners (“Revelstoke”), a Denver-based private equity firm focused on investing in healthcare services companies, announced it has acquired Monte Nido & Affiliates (“Monte Nido” or the “Company”), an…
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Patient Square buys Summit BHC in $1.3bn deal

Patient Square Capital, a dedicated health care investment firm, announced the closing of its previously announced acquisition of Summit BHC (“Summit” or “the Company”), a leading provider of behavioral health…
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The Vital Signs In Healthcare M&A

As healthcare providers, the first assessment of every patient begins with their vital signs. As a healthcare business owner, you should be equally familiar with the vital signs of your…
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BrightView Health Acquires Column Health

Addiction treatment provider BrightView Health has acquired Boston-based Column Health. The deal closed on Aug. 8, BrightView Health Chief Development Officer Dylan Jackson told BHB in an interview. This deal…
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Atar Capital Completes Acquisition for Pathways Portfolio Company

Atar Capital, a global private investment firm, announced a sixth acquisition through its portfolio company, Pathways Health and Community Support, LLC (Pathways),with the closing of Psychological Assessment & Intervention Services,…
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CM Counsel Management acquires Karner Psychological Associates

CM Counsel Management, a leading platform for behavioral health services, has acquired Karner Psychological Associates, an outpatient mental health services provider serving the greater Albany, New York area. Terms of…
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BrightView Partners with Right Path Addiction Treatment Centers

BrightView Health, a comprehensive outpatient addiction treatment provider with 46 locations throughout Virginia, Ohio, Kentucky, and Delaware has acquired Right Path Treatment Centers. Right Path has five centers with locations…
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Bradford Health Services Acquires Cornerstone of Recovery

BIRMINGHAM, Ala., Sept. 7, 2021 /PRNewswire/ — Bradford Health Services, the Southeast’s largest provider of addiction treatment programs, today announced the acquisition of Cornerstone of Recovery, a Tennessee-based substance use…
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Pathways Acquires Renew Consulting

ST. LOUIS–(BUSINESS WIRE)–Pathways Health and Community Support, LLC (“Pathways”), one of the largest providers of behavioral and mental health services in the United States, announced it has completed the acquisition…
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Broadstep Acquires Coastal Southeastern United Care

RALEIGH, N.C., Sept. 22, 2021 /PRNewswire/ — Broadstep Behavioral Health, serving individuals with intellectual and developmental disabilities and severe persistent mental illness, has acquired Coastal Southeastern United Care. Coastal (CSEUC)…
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The IMA Group Continues Growth, Acquires Albuquerque Neuroscience

TARRYTOWN, N.Y.–(BUSINESS WIRE)–The IMA Group (IMA) has announced the acquisition of Albuquerque Neuroscience, Inc., a clinical research site specializing in diseases of the central nervous system (CNS) and general medical…
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Humana Announces Agreement to Acquire onehome

LOUISVILLE, Ky.–(BUSINESS WIRE)– Leading health and well-being company Humana Inc. (NYSE: HUM) announced that it has signed a definitive agreement to acquire One Homecare Solutions (“onehome”) from WayPoint Capital Partners…
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Refresh Mental Health Acquires Carolina Behavioral Care

Refresh Mental Health has announced the acquisition of Carolina Behavioral Care as of April 21, 2021. Carolina Behavioral Care (CBC), headquartered in Pinehurst, North Carolina, is a multi-site psychiatric practice…
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