Maryland’s Baltimore Behavioral Health Files For Bankruptcy

Circle Connections: Mergers & Acquisitions Mental health rehabilitation and addiction treatment center Baltimore Behavioral Health Inc. (BBH) has filed for bankruptcy protection because it owes more than $5.5 million to creditors and estimates its assets are less than $500,000, according to federal court filings. The center will continue to operate during the Chapter 11 restructuring, said CEO Terry T. Brown. The bankruptcy will allow BBH to get out from under debt that has built up over the years, he said, and get the company's finances in order. The case follows a series of problems for the treatment . . .