Kolmac Outpatient Recovery Centers (Kolmac) merged with Concerted Care Group (CCG). Financial terms were not disclosed. Anton Kuznetsov, CCG’s chief executive officer, will lead the combined business. Through the combination with CCG, Kolmac, which has historically focused on serving the working insured population, expands its services to treat all individuals, regardless of insurance type, with a continued commitment to superior quality and outcomes.
Kolmac is a Mid-Atlantic based provider of outpatient addiction treatment that combines psychosocial services with medication assisted therapy to effectively treat a patient’s substance use disorder and co-occurring psychiatric disorders over a long-term period in a low-cost setting. Maryland-based CCG provides outpatient integrated behavioral health services for people with addiction disorder and those with mental health conditions.
WindRose Health Investors, LLC (WindRose), a health care-focused private equity firm and lead investor in Kolmac, was joined by Inclusive Capital Partners (Inclusive Capital), a San Francisco-based investment firm, to effectuate the merger and provide additional capital to support future growth. With WindRose’s and Inclusive Capital’s support, the combined business will be able to open sites in new markets, expand its outpatient services to treat more patients, and increase its market share within its existing markets.
Kolmac is a network of intensive outpatient (IOP) addiction treatment centers in Maryland, Pennsylvania, Virginia, and Washington, DC. For over 40 years, Kolmac has provided increased access to treatment, greater program flexibility, strong patient outcomes, and dramatically lower costs compared to traditional inpatient programs. In addition to providing all three phases of treatment, including detoxification, rehabilitation, and continuing care, Kolmac also offers treatment for co-occurring psychiatric disorders, as well as education and resources for family members and referring professionals.
CCG was founded in 2015. It provides outpatient integrated behavioral health services to those with addiction disorder and mental health conditions across its four sites in Maryland. CCG offers a unique care delivery model focused on treating the whole person, not just the chemical dependency of addiction. The company integrates medical, psychological, economic, and social expertise to provide holistic treatment to meet patients’ multi-faceted diagnoses and deliver improved patient outcomes and experiences.
This was reported by Kolmac Outpatient Recovery Centers on July 14, 2021.
Contact information: Kolmac Outpatient Recovery Centers, 3919 National Dr., Burtonsville, MD 20866; 301-453-5174; Website: https://www.kolmac.com/