Meridian Behavioral Health is a provider of behavioral health services in the Midwestern United States. The company operates twenty Commission on Accreditation of Rehabilitation Facilities (CARF) accredited

substance use disorder Substance use disorder (SUD) is the persistent use of drugs (including alcohol) despite substantial harm and adverse consequences as a result of their use. Substance use disorders are characterized by an array of mental/emotional, physical, and ...

(SUD) facilities in Minnesota providing residential and outpatient treatment for those suffering from a

chemical dependency Substance dependence, also known as drug dependence, is a biopsychological situation whereby an individual's functionality is dependent on the necessitated re-consumption of a psychoactive substance because of an adaptive state that has develope ...

or addiction. The company is based in the Twin Cities of Minneapolis-St. Paul and its operations date back to the 1970s through Twin Town Treatment Center.

Company history

In 2007, Triton Pacific Capital Partners, a private equity firm, sponsored a recapitalization of the company. In 2011, the company jointly filed

Chapter 11 bankruptcy Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whe ...

alongside its struggling sister company MK Network, LLC which was a provider of continuing medical education. In 2014, the company acquired Douglas Place an 85-bed residential treatment center in East Grand Forks, Minnesota. Shortly after the acquisition, the facility experienced difficulties with leadership and faced a state investigation. In 2015, Audax Group, a private equity firm, acquired the company from Triton Pacific Capital Partners for $120 million. In 2015, the company opened an addiction treatment center referred to as the Beauterre Recovery Institute in Owatonna, Minnesota which focused on care for licensed professionals. The property was previously known as the Daniel C. Gainey Conference Center, which was a venue for retreats and planning meetings and was operated by University of St. Thomas. In 2016, the company acquired Valhalla Place, a medication-assisted treatment (MAT) program in Minnesota. Valhalla Place and its affiliated laboratory were later divested to Behavioral Health Group in 2021. In 2016, the company acquired Stadter Center, a psychiatric hospital in

Grand Forks, North Dakota Grand Forks is the third-largest city in the state of North Dakota (after Fargo and Bismarck) and the county seat of Grand Forks County. According to the 2020 census, the city's population was 59,166. Grand Forks, along with its twin city o ...

and rebranded the facility as Red River Behavioral Health System. The location later filed for bankruptcy in 2021 due to COVID-19 related issues. In 2016, the company acquired Serenity Acres Treatment Center a

substance abuse treatment Drug rehabilitation is the process of medical or psychotherapeutic treatment for dependency on psychoactive substances such as alcohol, prescription drugs, and street drugs such as cannabis, cocaine, heroin or amphetamines. The general intent ...

program based in

Annapolis, Maryland Annapolis ( ) is the capital city of the U.S. state of Maryland and the county seat of, and only incorporated city in, Anne Arundel County. Situated on the Chesapeake Bay at the mouth of the Severn River, south of Baltimore and about east o ...

. Serenity Acres was founded by entrepreneur Larry Adler. This facility was later closed in 2019 and

laid off A layoff or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) for business reasons, such as personnel management or downsizing (reducing the ...

65 employees in the process. In 2017, the company acquired Valley Vista, an 80-bed

residential treatment facility A residential treatment center (RTC), sometimes called a rehab, is a live-in health care facility providing therapy for substance use disorders, mental illness, or other behavioral problems. Residential treatment may be considered the "last-ditch ...

Bradford, Vermont Bradford is a town in Orange County, Vermont, United States. The population was 2,790 at the 2020 census. Bradford is located on the county's eastern border, bordering both the Connecticut River and New Hampshire, and is a commercial center for ...

, from founders Rick DiStefano and Jack Duffy. The founders later acquired Valley Vista back from the company in May 2020. In 2017, the company acquired New Beginnings Minnesota, an operator of seven addiction-treatment facilities throughout Minnesota. In 2020, the company took over a residential treatment facility named Journey Home in Sauk Rapids, Minnesota from

CentraCare Health CentraCare is an integrated health care system in Central Minnesota. The Nonprofit organization, nonprofit includes six hospitals, seven senior care facilities, 18 clinics, four pharmacies and numerous inpatient and outpatient specialty care servi ...

. Before the change in ownership, the center was slated to close.

References

External links

*{{Official website, https://www.meridianprograms.com Drug and alcohol rehabilitation centers Mental health organizations based in Minnesota Addiction organizations in the United States Health care companies based in Minnesota