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Business Briefs: Netsmart, Netalytics, Newport, ARC Health, Centered Health, Cincinnati Children’s
Netsmart Acquires Netalytics
Netsmart announced recently that it has acquired Netalytics, a South Carolina-based addiction treatment software and practice management firm. Netsmart said in a news release announcing the deal that its acquisition of Netalytics will extend Netsmart’s CareFabric platform by facilitating interoperable data sharing between opioid treatment program facilities and the providers that treat and coordinate other types of care for substance use disorder patients.
“With the support of Netsmart, we believe we can expand the capabilities of our technology so providers can deliver individualized, whole-person care and put people on the path to recovery,” Netalytics CEO Mark Essex said in a news release. “Our clients will be able to rely on the same tools and support they have come to expect, with the ability to leverage solutions of the Netsmart CareFabric and benefit from our combination with one of the largest behavioral health technology providers in the market.”
Newport Launches Programming for Teens, Young Adults With OCD
Newport Healthcare, a national provider of mental health services, has announced the launch of specialized treatment programming for teens and young adults with obsessive-compulsive disorder (OCD) and related disorders.
Newport Healthcare will offer cognitive behavioral therapy (CBT), including a form of CBT known as exposure response prevention (ERP); both interventions have demonstrated efficacy treating OCD and related disorders in children and teens. Treatment will also incorporate habit reversal training and comprehensive behavioral intervention for tics (CBIT), as well as the fundamental components of Newport’s integrated care model, including attachment-based family therapy, and EMDR, experiential therapy.
ARC Health Acquires 14 Minnesota Centers
ARC Health, the Thurston Group portfolio organization, has announced another acquisition. The Beachwood, Ohio-based operator of mental health care practices, has partnered with LynLake Psychotherapy and Wellness, an integrative mental health and wellness provider with 14 LynLake Centers for WellBeing in urban areas across Minneapolis and St. Paul, Minnesota.
Established in 2014, LynLake offers trauma-informed behavioral healthcare and wellness services, with outpatient clinical offerings that include: psychotherapy, neuro/psychological testing, and nutritional counseling. LynLake also provides medication management, ketamine-assisted psychotherapy, trauma-informed massage, and other services.
The deal between ArcHealth and LynLake was facilitated by Agenda Health, a health care-focused mergers and acquisitions advisory firm based in Austin, Texas.
Centered Health Appoints 3 Executives
Centered Health, a Los Angeles, California-based network of behavioral health treatment centers, has announced the following 3 executive appointments:
- Christine Tonoli, BSCHA, AS, CDA, as executive director of adolescent treatment centers, including Beachside Teen Treatment Center and Hillcrest Adolescent Treatment Center;
- Nicole Fallah-Helo, PhD, executive director of The Meadowglade; and
- Dominique Hamler, RN, as executive director of Los Angeles Outpatient Center.
An operator of 4 programs in Southern California, Centered Health offers mental health, substance use, and eating disorder treatment for adults and teens.
Cincinnati Children’s Receives Donation to Fund Institute
The James J. and Joan A. Gardner Family Foundation has made a $15 million donation to support the creation of Cincinnati Children’s new Mental and Behavioral Health Institute (MBHI). The gift was announced at a Cincinnati Children’s event on Oct. 7. The hospital said in a news release that the Gardner Family Foundation donation will help to expand and accelerate its research and treatment of child and adolescent mental health.
The MBHI will provide an organizational structure to coordinate current and upcoming initiatives, projects, and collaborations addressing mental and behavioral health. It will also serve to facilitate deeper integration between Cincinnati Children’s 3 divisions—Child and Adolescent Psychiatry, Behavioral Medicine and Clinical Psychology, and Developmental and Behavioral Pediatrics.
Cincinnati Children’s is currently conducting a national search for a director of the institute.
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