Behavioral Health Care M&A Activity Remains Steady in Q1:2016

FOR IMMEDIATE RELEASE

Lisa Phillips

Editor

800-248-1668
203-846-6800
Fax: 203-846-8300
pressreleases@levinassociates.com

NORWALK, CT – May 12, 2016 – The behavioral health care acquisition market remained steady in the first quarter of 2016, matching the eight publicly announced transactions in the first quarter of 2015. However, there was a 38% drop in the number of transactions from the fourth quarter of 2015, which was an unusually active quarter for the behavioral health care M&A market. Most of the transactions were small and only one had a disclosed price in the first quarter of 2016. Acadia Healthcare Group purchased United Kingdom-based Priory Group for $2.22 billion in one of the largest behavioral health acquisitions ever completed. The most active buyer in the quarter was Summit BHC, which completed two acquisitions. It bought St. Joseph Institute, a 40-bed residential addiction treatment center in Pennsylvania, and Turning Point, a 106-bed treatment center also in Pennsylvania. 

 

Behavioral health care has been growing in importance in the entire health care policy discussion, especially during this presidential election cycle. “Despite the sequential decline in the number M&A transactions, we believe behavioral health care will be an increasingly active market for investors and health care providers,” commented Lisa Phillips, Editor of The Health Care M&A Report, which publishes the data.

 

All quarterly results are published in The Health Care M&A Report for all 13 sectors of health care, which is part of the Health Care M&A Information Source.  For more information, or to order the report, call 800-248-1668.  Irving Levin Associates, Inc. was established in 1948 and has headquarters in Norwalk, Connecticut. The company publishes research reports and newsletters, and maintains databases on the health care and senior housing M&A markets.