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Provident Healthcare Partners Provident Healthcare Partners

Q2 2024 Mental Health Update

Provident Healthcare Partners
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Q2 2024 Mental Health

The Mental Health M&A markets cooled moderately in the second quarter, primarily driven by a renewed focus on organic growth as well as a lack of practices exploring sale processes.

The quarter was mostly characterized by strategic add-on partnerships in local markets by acquirors without private equity backing, indicating a current pivot away from the “roll up” strategy that has characterized much of the preceding quarters.

One transaction of note, was Refresh Mental Health’s acquisition of Care Counseling, which represented Optum-backed provider’s first such acquisition in over a year. Provident expects Refresh, among other platforms, to be more acquisitive in the second half of the year as M&A markets start to open up in Q3 and Q4.

To print and download the full Mental Health Update report, please click below…

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