Accelera Innovations, Inc. Announces Stock Purchase Agreement With Behavioral Health Care Associates, Ltd.
Circle Connections: Mergers & Acquisitions Accelera Innovations, Inc. announced that they have signed a stock purchase agreement to acquire 100% of Behavioral Health Care Associates, Ltd (BHCA) for $4.5 million in cash. Furthermore, Accelera's wholly owned subsidiary Accelera Healthcare Management Service Organization, LLC, executed an agreement to operate BHCA moving forward. This was reported by PR Newswire on December 4, 2013. BHCA provides billing, practice management and administrative services to doctors and other clinicians who provide services to hospitals, nursing homes and individual clients. In support of the billing and practice management services, BHCA provides in-house Psychiatric . . .