Announced
Completed
Financials
Tags
Friendly
United States
Private
Completed
physical health services
Health Care Services
Private Equity
Acquisition
Majority
mental health services
Single Bidder
Synopsis
Clearview Capital-backed Community Medical Services, a provider of medication-assisted treatment programs for patients suffering from opioid use disorder, completed the acquisition of Restorative Health and Recovery, an office-based opioid treatment provider. Financial terms were not disclosed. “We are excited about the addition of RHR to the CMS platform. First, it expands our presence in Ohio, a state that has been ravaged by the opioid epidemic. Secondly, it allows us to explore the OBOT model as another solution for patients suffering from OUD. We have the opportunity to expand this model to other markets within our footprint to provide care for individuals we may not otherwise reach with our current system,” Nick Stavros, CMS CEO.
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