Behavioral Health Business January 2, 2024
ARC Health closed out 2023 with an outpatient mental health acquisition, marking a two-year-long M&A blitz.
On Dec. 29, the Independence, Ohio-based company acquired Exult Healthcare for an undisclosed amount. Exult operates several types of care at its two locations north of Dallas-Fort Worth, Texas. These include on-site medical treatment, medication-assisted treatment (MAT), transcranial magnetic stimulation (TMS), an intensive outpatient program (IOP), cognitive behavioral therapy (CBT), mindfulness and yoga.
“ARC Health’s support not only facilitates practice growth but also eases administrative burdens, allowing Exult to center its efforts on patient-centric mental healthcare through the implementation of best practices and innovative services,” Exult Healthcare Founder Dr. Deepika Bhargava said in a news release.
ARC Health has completed at least 18 mergers...