Announced
Completed
Synopsis
Consonance Capital, a leading healthcare-focused private equity fund, acquired Psychiatric Medical Care, the leading behavioral health management company focused on addressing the unique needs of the geriatric population, primarily within underserved rural markets. Financial terms were not disclosed. “PMC is a premier behavioral health management company and is well-positioned to meet the growing need for high-quality geriatric behavioral care, especially within rural communities,” noted Stephen McKenna, Managing Partner & Co-Founder of Consonance Capital Partners. “J.R. Greene, CEO of PMC, and his team have created a robust platform by establishing a sustainable model with differentiated, high quality clinical programming at its core. We look forward to working with PMC as it continues to build upon its considerable success to date.”
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