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Regard Recovery Acquires Three Addiction Treatment Centers
Vertava Health announced on May 15 that it sold three addiction treatment centers to Regard Recovery. The substance use disorder centers are now known as Texas Recovery Center in Scurry, Texas; Swift River in Cummington, Massachusetts; and The Bluffs in Sherrodsville, Ohio. The acquisition of these three centers is part of a scale-back and pivot strategy for Vertava Health as it will allow the company to expand its mental health business and adjust its addicted treatment business trajectory. The acquisition expands Regard Recovery’s state footprint. Before the deal, Regard Recovery operated in Florida, Kentucky, New Jersey, Pennsylvania, Tennessee and West Virginia. According to the... Read More »
ARC Health Acquires Silver Lake Psychology
ARC Health, a Thurston Group portfolio company, announced on May 15 that it acquired Silver Lake Psychology for an undisclosed price. Physician Growth Partners advised Silver Lake Psychology. Silver Lake Psychology cares for more than 100,000 patient visits annually and employs more than 400 providers. It has 15 offices in California, Colorado, Tennessee, Virginia and Washington D.C. ARC Health is a mental health specialty services organization supporting psychiatry, psychology and therapy providers in multiple locations throughout the U.S. ARC was formed in 2021 in partnership with outpatient mental health provider Advanced Recovery Concepts. The company has more than 320 providers... Read More »
Nomi Health Acquires Phoenix-Based I Am Wellness
Nomi Health, a nationwide healthcare programs and payments company based in Orem, Utah, announced on May 17 its acquisition of Phoenix-based I Am Wellness. According to data captured in the LevinPro HC database, this acquisition marks the 27th BHC acquisition of the year, and the sixth in the substance use disorder specialty. The acquisition expands patient access to critical opioid use disorder and substance use disorder treatments while driving down care costs for local cities, counties and employers with Nomi’s whole-person and recovery-oriented program for treatment and recovery. Nomi Health’s public health expertise will bolster I Am Wellness’ reach and impact by expanding its network... Read More »
Thurston Group-Backed ARC Health Acquires Denver Wellness Associates
ARC Health, a Thurston Group portfolio company, has announced the acquisition of Denver Wellness Associates (DWA), a mental healthcare provider group located in Denver, Colorado. Clew Partners originated the transaction and served as buy-side advisor to ARC Health. Founded by Jeanne Theobald, MD, in 2016, DWA has grown into two clinic locations in the Denver MSA. With a team of more than 20 providers, DWA offers multiple service lines, to include therapy and ketamine services, as well as Transcranial Magnetic Stimulation. ARC Health is a mental health specialty services organization supporting psychiatry, psychology and therapy providers in multiple locations throughout the United States.... Read More »
Thurston Group-Backed ARC Health Acquires Positive Change Counseling Center
ARC Health, a Thurston Group portfolio company, has announced the acquisition of California-based Positive Change Counseling Center (PCCC). According to data captured in the LevinPro HC database, this acquisition marks the 25th Behavioral Health Care acquisition of the year, and the seventh in the counseling specialty. PCCC is a leading mental health practice in the San Diego and Ventura MSAs. Founded in 2006, PCCC has grown into four clinic locations, offering both in-person therapy and telehealth services. ARC Health is a mental health specialty services organization supporting psychiatry, psychology and therapy providers in multiple locations throughout the United States. ARC was formed... Read More »Schedule a demo
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