By the end of the year, Pyramid Healthcare hopes to have added 400 additional beds to its existing facilities.
Pyramid Healthcare has grown from a single location in Central Pennsylvania to employ 3,100 people and operate 29 residential treatment facilities and 46 outpatient locations across eight states. Providence, Rhode Island-based private equity firm Nautic Capital acquired the company in May 2021.
The company’s preference is to focus on de novo growth. While it may take longer, a company is able to choose exactly where it wants to be and approach the market fresh with its own understanding of local dynamics, Behavioral Health Business reports. Read more.
