Buyer: BayMark Health Services
Seller: Granite Recovery Centers
Sector: Behavioral Health
Keywords: BayMark Health Services, Granite Recovery Centers, Behavioral Health, David K. White, Eric Spofford
BayMark Health Services announced an exciting addition to their portfolio of Substance Use Disorder facilities. Granite Recovery Centers has two residential treatment facilities and a number of sober living homes throughout southern New Hampshire that serve adult patients from across New England and throughout the country. BayMark is well-known in the addiction treatment industry as North America’s leader in Opioid Use Disorder treatment with more than 300 facilities across the US and Canada. BayMark programs offer a broad spectrum of care including medication-assisted treatment, substance use counseling, residential treatment, IOP, PHP, sober living and both inpatient and outpatient withdrawal management services.
Since December of 2020, BayMark has grown its residential treatment services significantly adding facilities in Maine, West Virginia, Louisiana, Georgia and now New Hampshire. The addition of these facilities has been gratifying for BayMark, whose mission to improve the lives of individuals, families and communities struggling with substance use disorders is well-served by the expansion of evidence-based addiction treatment services.
David K. White, Ph.D, Chief Executive Officer of BayMark Health Services shared, “Throughout the year, those of us in the behavioral health industry have witnessed the unfortunate impact the COVID-19 pandemic had on the mental health and well-being of Americans. Drug overdoses in 2020 reached the highest numbers ever recorded by the CDC after efforts to slow the opioid epidemic had begun to show a positive impact. Our programs offer a choice of proven treatment options so patients can decide between an abstinence-based treatment model or the use of medications, along with counseling, at a variety of levels of care available to serve each patient’s unique needs”.
Like other residential facilities, Granite Recovery Centers offers treatment for a variety of addictions including not only opioids, but also alcohol, cocaine, methamphetamine, prescription drugs and other substances. Multiple levels of care including residential, partial hospitalization, intensive outpatient treatment and sober living homes, provide patients with step-down care that meets them where they are at in their journey. Granite Recovery treatment plans are individualized, and may include both group and individual counseling, family program work, addiction education, life skills classes, relapse prevention strategies and resources, and around-the-clock supervision and support.
“Granite Recovery Centers has thousands of alumni whose journey to healing began in one of our programs, where our approach is to take the best aspects of evidence-based clinical psychotherapy and integrate them into the powerful healing that is to be had through focus and commitment to other proven recovery methods such as 12-step study,” stated Eric Spofford, Executive Chairman of Granite Recovery Centers. “I have worked closely with my team over the last 13 years to build a compassionate, effective recovery network from a single sober living home with the goal of helping others live productive, fulfilling sober lives. I feel confident that BayMark will support and enhance our mission while maintaining the highest levels of care for our patients and improving accessibility to life-saving treatment.”
In addition to Granite Recovery Centers, BayMark operates medication-assisted treatment facilities in Hudson, Newington, Salem and Somersworth, NH offering methadone and Suboxone®, as well as counseling, for the treatment of Opioid Use Disorder.
For more information about Granite Recovery or BayMark Health Services, visit: http://www.GraniteRecoveryCenters.com or http://www.BayMark.com.
About BayMark Health Services
BayMark Health Services provides Substance Use Disorder (SUD) treatment to 70,000+ patients in recovery across more than 300 treatment facilities in 35 states and 3 Canadian provinces. The largest provider of Opioid Use Disorder (OUD) services in North America and the leader in evidence-based treatment options for SUD’s, BayMark’s continuum of care includes medication-assisted treatment (MAT), withdrawal management, counseling and other innovative support therapies in outpatient, inpatient and residential settings.
Consolidation within the behavioral health sector continues to accelerate as does the growth of these vital service businesses. The driving forces in this sector are expected to continue well into 2022 and beyond. If you are considering a sale or merger of an established behavioral health business, Paragon Ventures stands ready to help you navigate the sale process and maximize the valuation of your business in a successful transaction.
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