Musical Chairs – Acquisitions, Partnerships & New Investments Continue To Pick Up Steam

This has been a week of musical chairs. The answers to “who owns whom” continued to shift. On the acquisition side, investor-backed California-based Community Psychiatry acquired North Carolina-based MindPath Care Centers. The combined entity has more than 70 locations and extensive telehealth capabilities (see Community Psychiatry & MindPath Care Centers Unite To Create Leading Clinically-Driven National Mental Health Platform). Recovery Ways, a Utah-based mental health and addiction treatment program backed by the private equity firm Chicago Pacific Founders, announced four acquisitions—Omega Recovery, Breakthrough Recovery Group, Colonial Clinic, and Alpine Recovery (see Recovery Ways Announces . . .