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Business Strategy

March 03, 2020
The Sanders Trust, a healthcare real estate investment company, announced that it has broken ground on an expansion of Serenity at Summit New England, a behavioral health center in Haverhill, Massachusetts, north of Boston. Sanders Trust, which is based in Birmingham, Alabama, acquired the property…
March 02, 2020
Banyan Treatment Centers announced it is expanding its footprint to the West Coast with this month’s opening of Banyan Palm Springs, a 42-bed facility offering substance use disorder and mental health treatment with detox and residential levels of care. Located on the site of the former Desert…
February 24, 2020
Origins Behavioral HealthCare announced it is adding new substance use disorder treatment options in its headquarters city of Dallas, as well as West Palm Beach, Florida.
February 10, 2020
Anne Arundel Medical Center and Sheppard Pratt Health System have announced a partnership that will expand AAMC’s behavioral health services. The two organizations also announced that Rod L. Kornrumpf, FACHE, has been named AAMC’s vice president of behavioral health. In this role, he will help lead…
February 04, 2020
The concept of consolidated behavioral health, or CBH, has been introduced in preceding articles, and it is best understood as a strategic plan or vision for our field. This article will further elaborate that plan with my colleagues in mind. It is addressed to the many staff clinicians who love…
January 31, 2020
After years of robust activity, data from the fourth quarter of 2019 suggests investors are taking a wait-and-see approach to the addiction treatment industry. It’s a trend that Kevin Taggart, managing partner of the M&A advisory firm Mertz Taggart, expects to continue through the first half of…
January 30, 2020
Rosecrance Health Network on Thursday announced plans for the retirement of longtime president and CEO Philip Eaton. David Gomel, PhD, will become the company's president and chief operating officer, effective Feb. 2. Eaton will stay on board as CEO during a transitional period.…
January 28, 2020
Caravel Autism Health on Tuesday announced it is opening four autism treatment centers in the Minneapolis/St. Paul/southern Minnesota region. Locations in White Bear Lake, Woodbury and Plymouth will open over the next three months. A location in Mankato opened this week, becoming the company’s…
January 23, 2020
Buena Vista Health Recovery this week is unveiling Buena Vista Health and Recovery Centers at Tucson, a 50,000-square-foot drug and alcohol detox and treatment campus. It will begin accepting outpatient patients next month. Treatment services to be offered on the campus include: medically…
January 17, 2020
AAC Holdings this week announced that founder Michael Cartwright is stepping down as CEO, and chief financial officer Andrew McWilliams is being promoted in his place, effective Jan. 24. Cartwright, who has served as CEO and board chairman since 2011, will continue in the latter role, focusing on…
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