Health Care Deal News: Spotlight on Behavioral Health- April 2012

In March’s lone Behavioral Health deal, Providence Service Corp. (NASDAQ: PRSC) is paying an undisclosed amount to buy Psych Support. Based in Raleigh, North Carolina, the target is a critical access behavioral health agency that provides enhanced mental health services, including intensive services for adults with severe and persistent mental illness. Psych Support’s customers are typically on Medicare or Medicaid. This deal is being carried out by PRSC subsidiary Family Preservation Services of North Carolina....Want to read more? Click here for a free trial to The Health Care M&A Information Source and download the current issue today