Last month, Spero Health, Inc., a newly formed healthcare organization specializing in local, affordable, outpatient care for individuals suffering from substance use disorder, announced that it has acquired investment growth capital to meet the demand in communities across the country for high-quality, comprehensive and integrated addiction treatment services.
Heritage Group, Health Velocity Capital, South Central, Inc. and Frist Cressey Ventures partnered with the management team to launch Spero Health. To accelerate the company's growth, Spero Health recently acquired the assets of 20 freestanding outpatient clinics located throughout Kentucky, Ohio and Indiana. Providing care for more than 5,000 patients each month, Spero is one of the largest office-based opioid treatment providers in the country.
Led by President and CEO Steve Priest, Spero Health utilizes an innovative evidenced-based integrated care model that combines both physical and behavioral healthcare services under one roof to treat the whole patient. This integrated care model combines physician services (including medication assisted treatment), behavioral health counseling, recovery support services, medication management and patient and family education. Its community-based approach to treatment allows patients to continue working and caring for their families as they overcome addiction. Spero Health is in-network with Medicaid and most commercial insurance plans.