New Story Acquires Thrive Alliance Group
New Story announced on September 18 that it entered an agreement to acquire Parsippany, New Jersey-based Thrive Alliance Group. Thrive Alliance Group is focused on supporting children with mental health needs in school. It provides care to children and young adults with special education needs in its private schools and directly within public schools for children with Individual Education Plans. Founded in 1997, New Story is a provider of special and alternative education and therapeutic services. New Story offers integrated academic and therapeutic programming to children and young adults with autism spectrum disorder, mental illness, emotional and behavioral challenges.... Read More »
The Crossover of Rehabilitation and Behavioral Health
Traditionally, Behavioral Health Care (BHC) and Rehabilitation have been seen as two separate healthcare sectors with little overlap, but, in the wake of both COVID-19 and the third wave of the opioid crisis, that may (and should) change as more companies discover the potential benefits of pairing both types of healthcare providers together. To get a thorough understanding of each market, we need to define the sectors and what type of care is provided. Rehabilitation provides services related to physical therapy for sports injuries, brain damage accidents, post-acute care physical rehabilitation and work-place injuries. BHC consists of providers that focus on treating mental health. This... Read More »
New Story Acquires Virginia Assets of The Center for Autism & Related Disorder
New Story, a provider of special and alternative education and therapeutic services, announced its acquisition of the Virginia assets of the Center for Autism & Related Disorder (CARD) for an undisclosed amount. The Virginia assets include three school campuses and nine applied behavior analysis therapy clinics. CARD is one of the world’s largest and most experienced autism treatment providers and the third largest non-governmental organization in the United States contributing to autism research. Founded in 1997, New Story offers integrated academic and therapeutic programming to children and young adults with autism spectrum disorder, mental illness and emotional and... Read More »
Thurston Group-Backed ARC Health Acquires Dayspring Behavioral Health
ARC Health, a Thurston Group portfolio company, has announced the acquisition of Dayspring Behavioral Health. Dayspring Behavioral Health is a mental health practice with four locations throughout the Seattle MSA. Founded in 2012 by Dr. Amy Ford, the practice offers comprehensive counseling services and specialized pediatric neuropsychological assessments. 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 in 2021 in partnership with outpatient mental health provider Advanced Recovery Concepts. The company has more than 320 providers throughout its partner... Read More »
ABA Connect Acquires Colorado Springs-Based Bright Behavior
BrightPath Health Holdings, LLC, doing business as ABA Connect, has announced the completion of its acquisition of Colorado Springs-based Bright Behavior, LLC. According to the LevinPro HC database, this acquisition represents the 50th Behavioral Health Care transaction of the year and the seventh in the autism specialty. The deal marks ABA Connect’s entry into the state of Colorado. The combined company provides services to families throughout a network of 11 clinics across Texas and Colorado. Financial terms of the deal were not disclosed. Bright Behavior is an applied behavioral analysis (ABA) therapy facility in Colorado Springs that serves children diagnosed with autism and... Read More »Schedule a demo
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