BayMark Health Services acquired New Day Recovery, a residential and office-based opioid treatment (OBOT) company based in West Monroe, Louisiana. Financial terms were not disclosed BayMark has recently focused efforts on growing its footprint in the residential treatment space, with New Day being its second acquisition this year. New Day Recovery was assisted by The Braff Group as a deal advisor.
In addition to the two residential treatment facilities, New Day has an OBOT program to provide medication assisted treatment (MAT) in West Monroe and Intensive Outpatient Services in both Shreveport and West Monroe. New Day Recovery offers structured residential treatment, as well as an intensive outpatient program, both supported by MAT and a variety of counseling services in its Shreveport and West Monroe facilities. Treatment plans are available for not only opioids, but also alcohol, cocaine, methamphetamine, prescription drugs and other substances. Treatment plans may include both group and individual counseling, addiction education, life skills, relapse prevention strategies, MAT when appropriate and around-the-clock supervision and support.
BayMark now operates five residential treatment facilities including Greenstone Centre for Recovery in Bala, Ontario, Liberty Bay Recovery Center in Portland, Maine, Hope for Tomorrow in Point Pleasant, West Virginia and New Day Recovery with facilities in West Monroe and Shreveport, Louisiana. By the end of 2021, BayMark anticipates acquiring additional residential facilities, as well as centers offering other levels of care.
BayMark Health Services provides medication-assisted treatment to 67,000+ consumers in recovery from drug addiction across the United States and Canada. BayMark’s outpatient programs deliver medically supervised treatment, in a variety of modalities and settings, to meet the diverse needs of consumers who struggle with the use of opioids medications, alcohol and other prescription and illicit substances. The BayMark continuum of services includes highly structured opioid addiction treatment programs utilizing methadone or buprenorphine and OBOT programs, both of which incorporate counseling as part of an individualized treatment plan for opioid addiction. Additionally, ambulatory withdrawal management services with naltrexone therapy, and inpatient detoxification services are offered for a variety of drug addictions.
This was reported by BayMark Health on June 24, 2021.
Contact information: BayMark Health Services, 1720 Lakepointe, Drive, Suite 117, Lewisville, Texas 75057; 214-379-3300; Website: https://baymark.com/
Contact information: New Day Recovery, 1416 Natchitoches St., West Monroe, LA 71292; 318-855-8773; Fax: 318-855-8779; E-mail: doug@new-dayrecovery.com; Website: https://www.new-dayrecovery.com/
Contact information: The Braff Group, 1665 Washington Rd., Suite 3 and 4, Pittsburgh PA 15228; 412-833-5733; Email: info@thebraffgroup.com; Website: https://thebraffgroup.com/