Boulder, Colorado-based Mental Health Partners said that it plans to merge with Clinica Family Health in a bid to create a combined entity that is financially stronger and more sustainable.
Clinica Family Health is a community health center in Lafayette, Colorado. Its walk-in clinics offer affordable medical, dental, behavioral health and pharmacy services for the whole family. Clinica saw 59,000 unique patients during 2023.
Mental Health Partners operates a 24/7 walk-in clinic for anyone experiencing a crisis. Serving the Boulder and Broomfield, Colorado since 1962, the company offers confidential, in-person crisis support, information and referrals. This location also offers withdrawal and detox care and support services. Mental Health Partners saw 10,000 unique patients during 2023.
The combined organizations hope to offer more comprehensive care to underserved populations. They also hope to achieve more opportunities to diversify their revenue and better position themselves for future changes in the health care industry, according to the original deal press release published in the Denver Business Journal on June 12, 2024.
The new organization will be called Clinica Family Health & Wellness and will stretch across all of the geographical areas covered by either entity. The two companies have a combined 15 clinics.
The merger is expected complete in September 2024, according to Clinica’s website. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this acquisition marks the 20th health clinic transaction of 2024. This is a 100% increase over last year, when there were just ten health clinic deals announced between January 1, 2023, and June 12, 2023.
