ARC Health, an Ohio-based company within the Thurston Group portfolio, has acquired Exult Healthcare (Exult), a mental health practice delivering behavioural healthcare services in Texas.
According to ARC Health, this transaction will create opportunities to boost accessibility and patient care.
Established by Dr Deepika Bhargava, Exult employs an integrated model to offer a range of services customised to various mental health requirements.
Exult has a team of board-certified psychiatrists, nurses, licensed counsellors, family and marriage therapists, as well as wellness coaches.
Commenting on the deal, Dr Bhargava said: “ARC Health's support not only facilitates practice growth but also eases administrative burdens, allowing Exult to centre its efforts on patient-centric mental healthcare through the implementation of best practices and innovative services.”
Claimed to have experience in assessing individualised needs, Exult formulates specialised treatment plans that cover the complete continuum of care, right from preventive measures and early intervention to comprehensive treatment and post-treatment assistance, thereby ensuring a holistic and personalised experience for patients.
This integrated care is enhanced by the recent introduction of services such as on-site medical treatment, medication-assisted treatment (MAT), transcranial magnetic stimulation (TMS), intensive outpatient treatment (IOP), and holistic approaches such as cognitive behavioural therapy (CBT), mindfulness, and yoga.
These additions are claimed to boost Exult's capacity to address a variety range of mental health concerns.
ARC Health CEO Vince Morra said: “Our collaboration with Exult Healthcare is poised to revolutionise mental healthcare, emphasising accessibility and superior patient outcomes.
“Exult's commitment to integrated care seamlessly aligns with the ARC Health network, marking an exciting venture.”
Thurston Group is a private equity firm focusing on the healthcare and related business services sectors.
Thurston's portfolio includes Smile Doctors, US Endo Partners, US Oral Surgery Management, South Georgia Dental Management, Gen4 Dental Partners, Options Medical Weight Loss, and US Orthopedic Partners.
Clew Partners served as the buy-side adviser to ARC Health.