BRC Healthcare announced the expansion of their addiction treatment portfolio with the acquisition of four substance abuse treatment facilities in Nashville:
Nashville Recovery Center (NRC) - a comprehensive recovery community offering clinical sessions, 12-step meetings, wellness classes, and other services dedicated to a life of recovery
- NRC Clinical - a partial hospitalization program that serves as an alternative to long-term residential treatment
- Nashville Detox Center (NDC) - the leading provider of alcohol and drug addiction detox in the Nashville area
- Tennessee Recovery Clinic (TRC) - intensive outpatient programming to treat substance use issues
Founded in 2018 by Ryan Cain and Darren Hobbs, these four companies offer a full spectrum of clinical services and sober living for people recovering from addiction. Cain and Hobbs will continue to hold management roles within BRC Healthcare with responsibility for day-to-day operations. Terms of the purchase were not disclosed.
Andrew Rothermel, CEO of BRC Healthcare noted, "We're eager to bring the BRC Family of Programs to Nashville, where there's a real need for addiction treatment services. Nashville is corporate headquarters for many substance abuse disorder companies but there is actually a shortage of treatment beds. We intend to significantly expand the number of treatment beds in the region and ensure that our patients receive a complete continuum of care."
President and CEO of Nashville Recovery Center, Ryan Cain added, "Since 2019 the Nashville Recovery Center has helped over 25,000 people step out of addiction and into recovery. Partnering with BRC Healthcare will allow us to reach and help even more people, and we know the positive ripple effect that sobriety will have on them, their families, and our communities."
Rothermel added, "The April 2020 investment by Veronis Suhler Stevenson and NewSpring Health Capital is helping us rapidly expand, but we aren't a company that believes in growth for growth's sake. We believe in growing to meet unfilled needs, and the need for addiction treatment services has never been greater. We expect to announce our expansion into two additional states before the end of the year."
