Behavioral Health Business May 29, 2024
Morgan Gonzales

Addiction and mental health treatment provider T&R Recovery Group has acquired Origins Behavioral Healthcare, adding four locations to its portfolio.

The nonprofit Hanley Foundation, dedicated to substance use disorder (SUD) care, announced it was divesting Origins less than five months after acquiring the treatment provider.

“The addition of Origins Recovery represents a significant milestone in T&R Recovery Group’s ongoing growth strategy,” Roy Serpa, chairman of the board at T&R Recovery Group, said in a statement. “Their proven track record in providing compassionate and effective treatment aligns perfectly with our core values. We’re confident that by combining resources and expertise, we can create an even more comprehensive and impactful treatment network.”

Origins’ facilities in Texas include two residential treatment centers,...

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Topics: Mental Health, Mergers & Acquisitions / JV, Provider, Trends
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