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BRC Recovery, a private equity-backed addiction treatment company, bought Nashville Recovery Center in 2021. Private equity investment has driven much of the recent activity in substance abuse treatment, an industry that is highly fragmented and has historically had few guardrails to ensure patients are getting appropriate care.
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BLAKE FARMER FOR KHN.
Some addiction treatment centers turn big profits by scaling back care
A model of charging high patient fees without guaranteeing access to evidence-based care makes addiction care attractive to private equity firms.
Feb 1, 2023
