March 7, 2019 BlueMountain, PE picking up healthcare firms, launches behavioral health company BlueMountain Capital Management launched a national behavioral health company, the private equity firm said March 5. The new company, Promises Behavioral Health, will start off operating 12 facilities and programs across seven states. Promises Behavioral Health will offer treatment options for substance abuse, sexual addiction, trauma, eating disorders and other mental health disorders. Programs for […]
March 5, 2019 Industry Veterans and BlueMountain Capital Launch New National Behavioral Health Platform NEW YORK, March 5, 2019 /PRNewswire/ — BlueMountain Capital Management (“BlueMountain”) announced today the launch of a new national behavioral health platform, led by industry veterans Kirk Kureska and Rob Waggener. The new company, Promises Behavioral Health (“Promises”), initially will operate 12 facilities and programs across seven states to provide a comprehensive range of treatment […]
November 14, 2018 White Oak Healthcare Finance Provides $190 Million Financing for BM Eagle’s 17 SNF Portfolio SAN FRANCISCO–(BUSINESS WIRE)–White Oak Healthcare Finance, LLC (“White Oak”), today announced it acted as administrative agent and lead lender on the funding of a $190 million senior credit facility of 17 skilled nursing facilities for BM Eagle Holdings, LLC (“BM Eagle”), a joint venture led by affiliates of BlueMountain Capital Management, LLC (“BlueMountain”). The facilities […]
April 12, 2018 Genesis to Exit Texas, Divest 24 Skilled Nursing Facilities Post-acute giant Genesis Healthcare, Inc. (NYSE: GEN) will completely exit the skilled nursing space in Texas, selling 23 facilities and transferring operations of a 24th by the middle of this year. The Kennett Square, Pa.-based operator announced the deal late Wednesday night, with the buyer identified as Regency REIT, LLC. That New York City-based real […]