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ARC Health, a Thurston Group portfolio company, acquired The Ross Center a mental health group serving consumers in Washington, D.C.; Northern Virginia; and New York City. Financial terms were not disclosed. Earlier this year, ARC Health acquired practices in Connecticut, North Carolina, Tennessee, and Minnesota, building on its base of practices in Ohio.

ARC Health is a mental health specialty services organization supporting psychiatry, psychology, and therapy practice owners in multiple locations throughout the country. The Ross Center provides a full spectrum of psychiatric and psychological services. It was founded 30 years ago. Its service line includes treatment for . . .

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Mental Health Services

The mental health market is defined as treatment services for mental and emotional health and psychiatric care for individuals of all ages. Mental health services are provided by a wide array of professionals, including certified counselors, psychiatrists, psychologists, neurologists, and social workers. The mental health market is facing new challenges – continued cost pressures on Medicare, Medicaid, and government programs; a shift to value-based care financing models; increased consolidation of health systems; and a push towards tech-enabled, consumer-led interventions. While these challenges may seem immense, the mental health market has experienced numerous shifts over the years from the move to managed care to increased community-based care. Organizations that can adapt to these changes are most likely to succeed.

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California awarded $1.18 billion in grant funding for 66 behavioral health infrastructure projects across 130 facilities to expand residential and crisis treatment capacity statewide. The projects are expected to add 2,554 residential and inpatient beds and 4,273 outpatient treatment slots. The funding is part of the Bond Behavioral Health Continuum Infrastructure Program (Bond BHCIP) Round 2: Unmet Needs, created through Proposition 1, which was approved in 2024. Proposition 1 authorized $6.4 billion in bond funding… Read

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