Behavioral Health Business April 11, 2024
Optum-owned Refresh Mental Health has acquired fast-growing outpatient mental health provider CARE Counseling, according to several sources close to the matter.
The deal marks the second Optum-affiliated outpatient mental health acquisition in the last few years. In 2022, Optum acquired what was ostensibly the second-largest outpatient mental health company: Jacksonville Beach, Florida-based Refresh Mental Health. Refresh is only second to Lifestance Health Group (Nasdaq: LFST) regarding the number of clinics.
Officials with CARE Counseling have not responded to repeated requests for comment.
A spokesperson from Optum said the organization had “nothing to share” in regards to the news.
St. Louis Park, Minnesota-based CARE Counseling has been identified as one of the fastest companies in all of the U.S., regardless of...
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