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
- Industry
- Healthcare Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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