• Smile Brands Scoops Up Dentistry of Sarasota

    On December 2, Smile Brands, one of the largest providers of dental support services in the United States, announced its new partnership with Dentistry of Sarasota. Financial terms of the deal were not disclosed. Smile Brands provides business support services to general and multi-specialty dental groups since its founding in 1998. The company... Read More »
  • Ingenovis Health to Acquire HealthCare Support

    Ingenovis Health, Inc., one of the fastest-growing providers of healthcare staffing, announced on November 29 that it has agreed to acquire HealthCare Support, a national healthcare staffing platform providing a full range of customized hiring solutions across the country. Financial terms of the transaction, which is expected to close in the... Read More »
  • Edifecs to Acquire Health Fidelity

    On November 22, Edifecs, Inc. announced that it has signed a definitive agreement to acquire Health Fidelity, a leading provider of risk adjustment solutions for the value-based care era. The acquisition is expected to close in mid-December of this year, pending regulatory approval. Founded in 1996, Edifecs is a premier technology company in the... Read More »
  • Israeli Startup TailorMed Acquires Vivor

    On November 29, TailorMed, a leading financial navigation platform that helps healthcare organizations and patients remove financial barriers to care, announced that it has acquired Vivor, a financial assistance technology platform for healthcare providers and life sciences. The financial terms of the transaction were not disclosed. TailorMed is... Read More »
  • HomeCentris Healthcare Acquires Grace Home Healthcare

    On November 26, HomeCentris Healthcare, LLC announced that it had acquired Grace Home Healthcare, LLC. The deal was closed in October for an undisclosed amount. Headquartered in Owings Mills, Maryland, HomeCentris Healthcare, LLC is an independent home and community-based care organization. It was founded in 2000 and provides its services to... Read More »
CloudMD Acquires MindBeacon

CloudMD Acquires MindBeacon

On November 15, CloudMD Software & Services Inc. announced that it will acquire MindBeacon Holdings Inc. for C$116 million, or the equivalent of $92.4 million. Based in Toronto, Canada and founded in 2016, MindBeacon is a leading digital mental healthcare platform that provides a continuum of care, focusing on iCBT (internet-based Cognitive Behavioral Therapy), which is an effective therapy provided through a computer or a mobile device. MindBeacon has established relationships across a broad spectrum of B2C and B2B distribution channels, including healthcare providers, employers and governments. CloudMD, formed in 2013 and previously known as Premier Health Group, offers SAAS-based... Read More »
Ventas Enters the Behavioral Health Market

Ventas Enters the Behavioral Health Market

On November 5, Ventas, Inc. announced it acquired an Eating Recovery Center medical office building in Plano, Texas for $58 million. The building is a 102,000-square-foot facility with 72 inpatient beds. Founded in 1998, Ventas, Inc., owned by The Vanguard Group, is the largest health care REIT in the U.S., owning seniors housing and care properties, medical office buildings and LTAC hospitals with roughly 1,200 properties. Since 2004, Ventas has made more than $40 billion in strategic investments. The Eating Recovery Center (ERC), founded in 2009, is one of the largest eating disorder treatment providers in the United States with 35 centers across Colorado, California, Illinois, Texas,... Read More »
Behavioral Health Group Announces Acquisition of Staunton Treatment Center

Behavioral Health Group Announces Acquisition of Staunton Treatment Center

Behavioral Health Group (BHG) has announced its recent acquisition of Staunton Treatment Center, a medication-assisted treatment facility located in Staunton, Virginia.  Going forward, the center will operate under the name BHG Staunton Treatment Center. It has 11 clinicians, counselors and staff caring for upwards of 100 patients with opioid use disorder. With headquarters in Dallas, Texas, BHG is the nation’s largest network of Joint Commission-accredited outpatient opioid treatment and recovery centers. They provide comprehensive, personalized evidence-based medical and behavioral therapies. BHG has 86 locations across 18 states and employs more than 1,380 people to care for their... Read More »
LifeSpeak Acquires Digital Health Company ALAViDA

LifeSpeak Acquires Digital Health Company ALAViDA

LifeSpeak Inc. announced the acquisition of ALAViDA Health Ltd., a Vancouver-based digital health company that provides cognitive-behavioral therapy (CBT) health solutions for substance use disorders (SUD), for total consideration of $12 million, comprised of a $7 million cash payment and potential for up to a $5 million earnout. Founded in 2004, LifeSpeak Inc. is a leading software-as-a-service provider of a platform for mental health and total wellbeing education for employees and customer-focused organizations. Lifespeak’s 100% confidential platform is packed with thousands of micro-learning videos, podcasts, “Ask the Expert” chat sessions and tip sheets covering a wide range of topics,... Read More »
Apax Partners and Oak HC/FT Join Forces in Eating Recovery Center Deal

Apax Partners and Oak HC/FT Join Forces in Eating Recovery Center Deal

Two leading investment firms, Apax Partners and Oak HC/FT, have joined forces to purchase the treatment provider Eating Recovery Center (ERC). The two companies acquired Denver-based ERC from CCMP Capital, a global private equity firm headquartered in New York, New York, for a reported $1.4 billion. Founded in 2008, ERC is one of the largest eating disorder treatment providers in the U.S., with 30 centers across Colorado, California, Illinois, Texas, Ohio, Maryland and Washington. ERC’s treatment offerings include inpatient services, intensive outpatient programming and virtual care. ERC operates a division called ERC Pathlight, which provides mood and anxiety treatment to patients. The... Read More »
Pathways Acquires Residential Behavioral Health Company, Renew Consulting

Pathways Acquires Residential Behavioral Health Company, Renew Consulting

Pathways Health and Community Support, LLC announced it has completed the acquisition of Renew Consulting, an industry-leading residential behavioral health company servicing the diverse needs of behavioral health residents throughout Northwest Oregon. Founded in 2004, Renew Consulting is a service-driven organization committed to providing customized, person-centered support for individuals with developmental disabilities and mental health needs. The organization provides 24-hour care in community-based residential homes across seven Northwest Oregon counties. Integrating Renew Consulting’s programs and services into Pathways’ current offerings will enable Pathways to broaden the field of... Read More »