Tag: addiction treatment center

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Amid Growth, Pinnacle CEO Pushes for Methadone MAT Flexibilities

The past several months have been devastating for many behavioral health providers. The COVID-19 pandemic has caused widespread financial strain, forcing some organizations to...

Acadia Expands Its Footprint in Georgia With Acquisition of Four Addiction Care Centers

Mental health operator Acadia (Nasdaq: ACHC) is further strengthening its position in the comprehensive treatment center (CTC) space with the acquisition of four new...

Modern Health’s $500M Valuation Signals Employer Benefits Disruption Accelerating

Modern Health's $51 million Series C funding round, pushing the company's valuation past $500 million, crystallizes a broader market dynamic reshaping employer-sponsored behavioral health...

Ashley Addiction Treatment Appoints Joint CEOs

Ashley Addiction Treatment has promoted two of its senior executives, Alex Denstman and Greg Hobelmann, to serve as joint CEOs starting March 1. Denstman,...

Psychiatric Medical Care Appoints Acadia Alum Bob Zagerman as New CFO

Psychiatric Medical Care (PMC), one of the nation’s leading behavioral health management companies, has appointed Bob Zagerman as its new Chief Financial Officer. Zagerman,...

HHS Assistant Secretary for Health: Shortage of Residential MAT ‘Absolutely Unacceptable’

In February 2020, Admiral Brett Giroir, the U.S. Department of Health and Human Services (HHS) Assistant Secretary for Health, delivered a strong message at...