AP NEWS

MBF Healthcare Partners and Behavioral Executive Form Acorn Health to Provide High Quality Care to Children Diagnosed with Autism

October 9, 2018

CORAL GABLES, Fla.--(BUSINESS WIRE)--Oct 9, 2018--MBF Healthcare Partners (“MBF”) and Vicki Kroviak are pleased to announce the formation of Acorn Health as well as the completion of two acquisitions that will serve as a new national platform for providing high quality home and center based Applied Behavioral Analysis (“ABA”) services to children and adolescents diagnosed with autism. With these acquisitions, Acorn Health will have operations in Michigan, Florida, and Virginia, and expects to continue to partner with high-quality provider groups in existing and new markets.

MBF has partnered with Vicki Kroviak, an innovator with a proven record in behavioral health, who co-founded and served as the CEO of Oliver-Pyatt Centers, a leading provider of eating disorder treatment, and most recently served as CEO of Monte Nido & Affiliates, a residential eating disorder treatment company. “We are excited to be bringing these companies into the Acorn family,” said Vicki. “Our new national presence allows us to bring ABA services to thousands of families in need. We’ve sought out and teamed up with clinical leaders in the industry. It is with their partnership, as well as the hundreds of clinicians currently employed, that we intend to build a best-in-class clinical delivery network.”

Preston Brice, Managing Director of MBF, said that, “As thesis driven investors, we have devoted significant resources to identifying the right groups and leadership to partner with in the autism sector. We are excited to partner with Vicki and the cohort of mission-driven clinicians to drive rapid growth and evidence-based outcomes. With these two companies, Acorn Health is a new platform that is well positioned to address the growing prevalence of autism.”

About Acorn Health

Acorn Health is a family of companies delivering exceptional clinical services to children with autism. We are a partnership of behavior analytic professionals who develops, applies and shares the latest advances in the science of applied behavior analysis (“ABA”) to improve the lives of the families we serve. For more information, please visit acornhealth.com.

About MBF Healthcare Partners

MBF Healthcare Partners (“MBF”) is a leading middle market healthcare private equity fund based in Coral Gables, Florida. Our strategy is to partner with exceptional management teams while leveraging MBF’s operating experience, domain segment knowledge, and tenured relationships to rapidly accelerate value creation. The partners of MBF have substantial operating experience in healthcare and have held senior management positions in both private and publicly-traded healthcare companies. The MBF partners have managed and helped build some of the nation’s most innovative and successful healthcare companies such as Ramsay-HMO, Physicians Healthcare Plans Inc., Medical Specialties Distributors, CarePlus Health Plans, Inc., CAC-Florida Medical Centers, Hospitalists of America, Atlantic Dental, Inc., Navarro Discount Pharmacies, Nutri-Force Nutrition, LLC, Concordia Care, Inc. and Palm Medical Centers. For more information, please visit www.mbfhp.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181009005237/en/

CONTACT: MBF Healthcare Partners

Preston Brice, 305-476-5177

Info@mbfhp.com

KEYWORD: UNITED STATES NORTH AMERICA FLORIDA

INDUSTRY KEYWORD: HEALTH GENETICS OTHER HEALTH CHILDREN PARENTING TEENS CONSUMER FAMILY GENERAL HEALTH

SOURCE: MBF Healthcare Partners

Copyright Business Wire 2018.

PUB: 10/09/2018 07:00 AM/DISC: 10/09/2018 07:01 AM

http://www.businesswire.com/news/home/20181009005237/en

AP RADIO
Update hourly