Business Briefs: Community Psychiatry’s MindPath Care Centers Expanding into Texas

MindPath Care Centers, a Community Psychiatry practice that provides outpatient behavioral health services, has announced plans to expand into Texas.

The company is scheduled to open a center in River Oaks in September, followed by another location in Frisco in October. An additional 10 locations are planned for the state by the end of the year, bringing MindPath Care Centers’ total number of facilities across the U.S. to more than 80, with a total staff that includes more than 550 clinicians.

Ahead of the River Oaks program’s opening, patients in Texas can receive medication management and psychotherapy services through telehealth in partnership with major insurers starting this week.

Treatment offerings from MindPath Care Centers include: psychiatry, medication management, psychotherapy and counseling, family therapy and counseling, relationship/marital counseling, group therapy, and addiction treatment.

Children’s Minnesota adds IOP for teens

Children’s Minnesota has expanded its behavioral health services with the addition of a new outpatient mental health program for adolescents between the ages of 12 and 18. The program, located at Children’s Minnesota Specialty Center – Lakeville, provides patients with day programming that includes intensive mental healthcare services for teens struggling with emotional and behavioral problems that interfere with their ability to function at home, school and in the community. Largely as a result of the COVID-19 pandemic, Children’s Minnesota projects a 30% increase in children and teens seeking treatment at its emergency departments for mental health-related issues in 2021.

The new program, designed for a period of 2 to 4 weeks, includes individual, family and group therapy sessions, as well as medication management. It will accommodate up to 16 patients at a time and up to 400 per year.

Health Connect America acquired by PE firm Palladium Equity Partners

Health Connect America, a multi-state behavioral health platform, has been sold by Harren Equity Partners to Palladium Equity Partners, a middle market private equity firm. Financial terms of the deal were not disclosed.

Health Care America treats conduct disorder, substance use disorders, autism spectrum disorder and emotional disturbance. The company, primarily reimbursed by Medicaid-funded payers, is based in Franklin, Tennessee, and serves the Southeast region of the U.S.

Thurston Group creates new ARC Health mental health platform

Healthcare-focused private equity firm Thurston Group has partnered with Advanced Recovery Concepts, an outpatient mental health provider, to form ARC Health. Based in Cleveland, ARC will provide mental health treatment services through virtual and in-person outpatient modalities. The program evaluates, treats and manages behavioral health needs, and offers services that include transcranial magnetic stimulation and electroconvulsive therapy.