Novamind Signs LOI to Acquire Two Mental Health Clinics in Arizona

Novamind, a mental health company specialized in psychedelic medicine, today announced that it has signed a letter of intent to acquire Foundations for Change, an Arizona-based company with two outpatient mental health clinics specialized in ketamine-assisted psychotherapy. The Arizona acquisition represents Novamind’s first clinics outside the state of Utah, and the first announcement from a pipeline of accretive transactions that will expand the company’s network of clinics in the U.S. and globally. Read more.

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University of Iowa Eyes Consultant to Assess Potential M&A

UI Health Care is seeking “fair market evaluation opinions” on settings and assets like multi-specialty physician group practices; primary care group practices; ambulatory surgery centers; outpatient imaging centers; and hospital service lines.