CRC Health Group Announces Acquisition of Nation's Fourth Largest Opiate Addiction Treatment Network Habit OPCO
CUPERTINO, CA--(Marketwired - Dec 10, 2013) - CRC Health Group, the nation's largest provider of addiction treatment and related behavioral health services, today announced the acquisition of Habit OPCO, the nation's fourth largest provider of opiate addiction treatment clinics. Founded in 1985, Habit OPCO has 22 treatment locations in Massachusetts, Vermont, New Hampshire, New Jersey and Pennsylvania. The acquisition increases CRC Health's total number of comprehensive treatment centers to 80, and will help ensure the delivery of high-quality treatment services for the country's surging opiate (prescription medication) abuse epidemic. The deal is expected to close in the first quarter of 2014.
"We are very pleased to announce this acquisition as we seek to help the country's growing number of individuals addicted to prescription pain killers and other opiates by providing high quality treatment options," said R. Andrew Eckert, CRC Health Chief Executive Officer. "The statistics are staggering: more than 15 million people in this country abuse prescription drugs. And this epidemic is affecting every demographic in every area."
The addition of Habit OPCO expands CRC's ability to offer individuals the latest, evidence-based addiction treatment services including medication-assisted treatments (MATs) with FDA approved medications like Suboxone and methadone. Together, CRC and Habit OPCO will administer MATs in a safe and caring environment as part of a multi-disciplinary approach that addresses the physical, physiological, spiritual and social aspects of addiction. Counseling is provided by professional clinicians who assist patients in learning new skills and making the necessary lifestyle changes to eliminate drug-seeking and drug-abusing behaviors.
With its initial program in Boston, Habit OPCO experienced substantial growth beginning in the late 1980s, and was the first provider in the nation to offer mobile services. They were also among the first in the U.S. to be accredited, and earlier this year announced a 90% patient satisfaction rate.
"Habit OPCO's treatment centers share CRC's commitment to quality care, and will expand CRC into the northeast, a region where we were previously under-represented," said Eckert.
"Indeed, CRC and Habit OPCO share in the mission to provide treatment for opiate addiction to communities in need in a manner which respects each individual's worth and recognizes their desire to improve the quality of their lives," said Tom Magaraci, CEO of Habit OPCO. "This was a natural fit and we are excited to work with CRC to continue providing the highest quality care."
About Habit OPCO
Habit OPCO is a premier provider of substance abuse treatment in the eastern United States. The company operates a regional network of 20 opioid treatment programs, providing medication-assisted treatment and counseling to communities in Massachusetts, New Hampshire, New Jersey, Pennsylvania and Vermont. Habit OPCO utilizes a proven, multi-disciplinary approach to treatment that addresses the physical, psychological, and social aspects of drug addiction with coordinated delivery of medication and therapy. Habit OPCO has treated more than 100,000 people during their recovery from opiate dependence. The company's clinical model enables its patients to achieve a drug-free lifestyle that improves health, reconnects them with family and friends, and helps them return to work so they can become productive members of their communities.
About CRC Health Group
Headquartered in Cupertino, Calif., CRC Health Group is the most comprehensive network of specialized behavioral healthcare services in the nation. CRC offers the largest array of personalized treatment options, allowing individuals, families and professionals to choose the most appropriate treatment setting for their behavioral, addiction, weight management and therapeutic education needs. CRC is committed to making its services widely and easily available, while maintaining a passion for delivering advanced treatment. Since 1995, CRC has been helping individuals and families reclaim and enrich their lives. For more information, visit www.crchealth.com or call (877) 637-6237.