Behavioral Health Business August 1, 2024
As the M&A market begins to rebound for behavioral health providers, many in the sector are looking beyond their traditional targets and bridging the divide between nonprofits and for-profits.
Historically, for-profits and nonprofits have had many preconceived notions about each other. Nonprofits have dismissed private companies as solely profit-driven entities lacking a true mission. Meanwhile, private companies saw nonprofits as operationally inefficient and lacking financial savvy.
But I think these prejudices are a bit outdated at this point, and the pair could use one another’s strengths to help build a better operation. Nonprofits bring to the table years of experience and relationships in the community. For-profits have experience running the business side of things and scaling.
We’re also...