BayMark Health Services Inc. announced Friday the acquisition of the Fritz Clinic, a group of six office-based opioid treatment (OBOT) programs based in central and northern Alabama.
Lewisville, Texas-Based Substance Use Disorder (SUD) Treatment Provider Deepens Its Presence In Alabama With Settlement; their website lists four existing locations in the state.
BayMark Health made the acquisition through its subsidiary AppleGate Recovery and will rename Fritz Clinic to the AppleGate brand, according to a press release.
Fritz Clinic offers buprenorphine and suboxone medication-assisted treatment, as well as support services such as counseling and care coordination. BayMark now operates more than 70 OBOT programs in 19 states, according to the release.
“As our OBOT business has grown, we have focused on ensuring that our patients receive the highest quality and most effective treatment options in a setting that is also convenient and affordable,” said Michael Saul, executive vice president of BayMark. Health, in the statement. “Clínica Fritz shares these values and, similar to AppleGate Recoveryoffers established patients the option of a telehealth service to make treatment more accessible.”
BayMark Health is one of the largest providers of SUD treatment in North America. It operates more than 400 treatment facilities in 37 states and three Canadian provinces.
The Fritz Clinic deal marks the seventh acquisition the company has announced so far in 2022. BayMark Health is a portfolio company of Webster Equity Partners. webster has made other significant investments in behavioral health companies as well.
| Name | Description | announced date | locations |
|---|---|---|---|
| Kaden Health | OUD virtual company | January 5 | Virtual |
| Lucina Treatment Centers | OUD Outpatient Treatment, 5 Offices | February 7th | Central, Northeast Indiana |
| Mahajan therapeutics | Outpatient mental health/addiction treatment provider, 6 offices | February 24th | southwest ohio |
| Pathfinder Recovery Center | residential treatment | March 4 | Scottsdale, Arizona and Aurora, Colorado |
| Emerald Isle Health and Recovery | residential treatment | March 4 | Surprise, Arizona |
| San Antonio Recovery Center | residential treatment | July 26 | San Antonio, Texas |
| Fritz Clinic | Outpatient OUD Treatment Provider, 6 Offices | October 6 | Central and Northern Alabama |
