Summit BHC recently announced that it had entered into an agreement with healthcare investments firm Lee Equity Partners and FFL Partners. The investments are to support the continued growth of Summit BHC.

Summit BHC provides specialty chemical dependency and addiction disorder services, with residential, detox, partial hospital, and outpatient programs. The company has grown from three addiction treatment facilities to 13 in 3 ½ years. Its headquarters are in Franklin, Tennessee.

Lee Equity and FFL Partners are private equity firms. Lee Equity is based in New York City, while FFL Partners is based in San Francisco, California.

This was reported by . . .

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Addiction Treatment Services

Addiction is a chronic disease, which causes individuals to seek “reward” from substance-use or other activities whether or not they may cause harm. Addiction treatment has been in the spotlight as payers, policymakers, and health systems struggle to address the opioid crisis and increasing substance-related mortality rates. As a result, the addiction treatment market is shifting—there is expanded coverage for residential treatment, a push towards greater integration and care coordination, and new competitors entering the market—creating new challenges and opportunities for organizations working in addiction treatment.


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