Discovery Behavioral Health Acquires New Hope Ranch

Discovery Behavioral Health Acquires Memorial Hermann Prevention & Recovery Center (PaRC)

August 18, 2021

Healthcare Services

Discovery Behavioral Health has acquired the Memorial Hermann Prevention & Recovery Center (PaRC) and its network of outpatient locations from Memorial Hermann Health System. The transaction transfers PaRC's Houston-area addiction and dual-diagnosis treatment programs to Discovery, which said the acquisition expands its capacity to provide evidence-based substance use and behavioral health services across Texas.

Discovery Behavioral Health Acquires Associated Behavioral Health Care (ABHC) of Seattle

December 31, 2019

Healthcare Services

Discovery Behavioral Health acquired Associated Behavioral Health Care (ABHC) of Seattle, a four-center provider of outpatient addiction and mental health services in the Puget Sound region, with the deal closing on December 31, 2019. The acquisition expands Discovery’s footprint and clinical capabilities in the Pacific Northwest, adding services such as psychiatry, psychology, TMS, chemical dependency counseling and medication management across Bellevue, North Seattle, West Seattle and Kent.

Discovery Behavioral Health Acquires Prosperity Wellness Center

December 28, 2020

Healthcare Services

Discovery Behavioral Health has acquired Prosperity Wellness Center, a 40-bed adult residential facility in Tacoma, Washington that specializes in substance use disorder treatment. The facility is the tenth brand added to Discovery’s portfolio as the company expands its network of residential and outpatient behavioral health services to increase access to care.

Traverse Pointe Partners Acquires The Hope House

October 6, 2022

Healthcare Services

Traverse Pointe Partners, a Chicago-based private equity firm, has completed a platform acquisition of The Hope House, LLC, a Scottsdale-based in-patient residential operator providing behavioral health and substance abuse rehabilitation services. Financial terms were not disclosed; Traverse Pointe said it will invest capital and resources to expand the company's service offerings and broaden its geographic reach.

Discovery Behavioral Health Acquires Anew Era TMS & Psychiatry

July 18, 2022

Healthcare Services

Discovery Behavioral Health acquired Anew Era TMS & Psychiatry, adding 12 outpatient TMS and psychiatry centers (six in California and six in Texas) to its network. The deal expands Discovery's outpatient psychiatry and neuromodulation capabilities as part of its Discovery MD professional psychiatric services division.

Discovery Behavioral Health Acquires Casa Palmera

December 16, 2019

Healthcare Services

Discovery Behavioral Health, a nationwide provider of behavioral health services, has acquired Casa Palmera, a nationally recognized residential treatment facility for adults with drug and alcohol addiction located in Del Mar/San Diego, California. The acquisition expands Discovery's continuum of residential and outpatient treatment capabilities and adds experienced clinical staff to support substance use and co-occurring mental health disorder treatment.