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

August 18, 2021

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.

Buyers
Discovery Behavioral Health
Targets
Memorial Hermann Prevention & Recovery Center (PaRC)
Sellers
Memorial Hermann Health System
Location
Texas, United States
Transaction Type
Buyout

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