Behavioral Health Business November 30, 2022
Teen and young adult behavioral health provider Newport Healthcare has announced the acquisition of pediatric mental health provider PrairieCare. The terms of the deal were not disclosed.
PrairieCare brings to the deal nine locations in Minnesota. Its services include mental health screenings, clinic services, an inpatient psychiatric hospital, intensive outpatient programs (IOPs), partial hospitalization programs (PHPs) and residential services.
This acquisition comes at a time when the demand for youth and adolescent mental health services is skyrocketing. In fact, about half of the teens in the U.S. have experienced a mental health disorder at some point in their lives, according to the Office of Population Health Affairs (OASH).
“Individuals and families are struggling to find appropriate, available mental health care....