- The Census
- Dexter Braff Reports: Buyers Are Becoming Skittish In M&A
Dexter Braff Reports: Buyers Are Becoming Skittish In M&A
Plus, Netsmart acquires Netalytics, A $15 gift to combate mental health problems, and Cyprus Lake announces first responder program
Hey there. Tim here.
This is issue #7 of The Census, a weekly newsletter to help you succeed in the behavioral healthcare industry. This week …
Cypress Lake Recovery launches first responder program
Netsmart acquires Netalytics
A $15M donation to combat mental health disorders
Dexter Braff says buyers are becoming skittish in M&A deals
1. Buyers Becoming More Skittish in Behavioral Health M&A
M&A activity in the behavioral health space has slowed down significantly in recent years, dropping to pre-pandemic levels.
The behavioral health industry is not alone in this, Dexter Braff, president of M&A advisory firm The Braff Group, said at Behavioral Health Business’ INVEST conference. External factors, including inflation, staffing shortages, fear of recession and unrest in Eastern Europe, put a damper on global M&A activity across all industries.
While deal flow continues, buyers are increasingly skittish.
2. Netsmart Acquires Netalytics, An Addiction Treatment Practice And Management Software
Netsmart announced last week the acquisition of Netalytics, a South Carolina-based addiction treatment software and practice management company, dedicated to developing technology for substance use disorder (SUD) providers focused on opioid addiction treatment.
This acquisition will further extend the Netsmart CareFabric platform by enabling interoperable data sharing between opioid treatment program (OTP) facilities and the providers that treat and coordinate other types of care for individuals with SUD.
Netalytics was founded in 1995 by building a custom methadone software application for one clinic in Georgia and has grown by partnering with physicians and addiction specialists to develop solutions that address the unique workflows of providers serving the SUD market.
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4. $15M Gift Supports New Mental and Behavioral Health Institute at Cincinnati Children's
A local family has made a transformational donation to support the creation of Cincinnati Children's new Mental and Behavioral Health Institute (MBHI). The announcement was made during Cincinnati Children's annual Kaleidoscope event on Saturday, which benefited the health system's mental health services.
The $15 million gift from The James J. and Joan A. Gardner Family Foundation will help the national leader in pediatric mental healthcare and research accelerate and scale up its work to address a growing crisis facing America's youth.
5. Cypress Lake Recovery Launches First Responder Trauma and Addiction Recovery Program
Cypress Lake Recovery located just North of Houston, TX, is proud to announce the launch of a First Responder Recovery Program. The program takes a trauma-centered approach and uses evidence-based modalities to help treat first responders who suffer from substance use and dual diagnosis.
The First Responder Program will include research-driven treatment modalities including CBT, DBT, EMDR, Psychodrama, Mindfulness, FS/Internal Family Systems, Gestalt, Attachment Theory, Adlerian Therapy, Experiential Therapy and Equine Assisted Therapy.
That’s it for this week.
Soon, we’ll be launching podcast episodes and even more resources to help you succeed in behavioral health.
Thanks. Talk to you next week.