BayMark Health Services announced its acquisition of Nashville Recovery, an office-based opioid treatment (OBOT) program approximately 10 miles south of Downtown Nashville. This acquisition expands BayMark’s OBOT program total to 70 locations across 19 states. Terms of the deal were not disclosed.
Established in 2017, Nashville Recovery provides OBOT services to individuals living with an opioid use disorder, via in-office and telemedicine visits.
BayMark Health Services, a portfolio company of private equity firm Webster Equity Partners, provides medication-assisted treatment for opiate addiction and dependency to more than 73,000 patients across more than 400 treatment facilities in 37 states and three Canadian provinces. BayMark’s continuum of care includes medication-assisted treatment, withdrawal management, partial hospitalization programs, intensive outpatient programs, counseling and other therapies in outpatient, inpatient and residential settings.
According to the LevinPro HC database, this marks 95th Behavioral Health Care transaction of 2022 and the 39th in the substance use disorder speciality. This also marks BayMark’s sixth acquisition of a substance use disorder treatment provider announced this year.