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Lifepoint Health Acquires Cornerstone Behavioral Health El Dorado
Lifepoint Health announced on January 23 that it acquired Cornerstone Behavioral Health El Dorado. Cornerstone Behavioral Health El Dorado’s operations will be rolled into the Lifepoint behavioral health business. Lifepoint plans to invest in Cornerstone Behavioral Health El Dorado’s growth and plans to add nearly 50 beds to the facility in the coming months. Terms of the deal were not disclosed. Cornerstone Behavioral Health El Dorado is a 54-bed facility in Tucson, Arizona. It offers acute inpatient treatment for mental health and substance use disorders Lifepoint Health, a subsidiary of RCCH HealthCare Partners, owns and operates 62 community hospitals, more than 30 rehabilitation and... Read More »
Lilac Center Joins ARC Health
ARC Health, a Thurston Group portfolio company, has announced the acquisition of the Lilac Center, an integrated mental health care provider group with four locations in Kansas and Missouri. ARC Health enters the Kansas and Missouri markets with the acquisition. Terms of the deal were not disclosed. Founded in 2000 by Amy Tibbitts, LSCSW, and Tony Tibbitts, the Lilac Center offers psychological services with a dialectical behavior therapy (DBT) focus. It serves the greater Kansas City metro and surrounding areas. The Lilac Center helps those who suffer from childhood trauma, PTSD, suicidal thoughts, addictions and relationship issues as well as those who are diagnosed with borderline... Read More »
BayCare Health System Expands Florida Presence
BayCare Health System announced that it acquired Tampa-based Northside Behavioral Health Center. BayCare Health operates 13 hospitals and hundreds of outpatient locations throughout the Tampa Bay and central Florida regions. Northside Behavioral Health Center, established in 1976, is a non-profit organization committed to serving Hillsborough County, Florida residents suffering from or at risk for mental illness. As of January 1, 2023, when the deal was finalized, the Northside Behavioral Health Center was renamed BayCare Northside Behavioral Health Center. The financial terms of the acquisition were not disclosed. According to data captured in the LevinPro HC database, this marks the... Read More »
Integrative Life Network Acquires Shadow Mountain
Integrative Life Network has acquired Shadow Mountain. The deal will give ILN’s clients increased diversity in care, including evidence-based, trauma-resolution modalities, in-network payment options, detox and multiple locations in the Southwest, a new territory for ILN. Terms of the deal were not disclosed. Shadow Mountain provides substance use disorder treatment in New Mexico including detox, gender-specific residential programming and outpatient services. ILN offers trauma-focused treatment programs through Integrative Life Center, Begin Again Institute and Boulder Recovery. According to the LevinPro HC database, this was the 44th Substance Use Disorder transaction of 2022. This... Read More »
