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Merit Behavioral Care

Park Ridge, New Jersey, United States
Ownership
Private
Development stage
Other
01

Overview

Merit Behavioral Care was a prominent managed behavioral healthcare organization that specialized in mental health and substance abuse services. The company provided managed care programs, employee assistance programs (EAPs), and administrative services to corporations, labor unions, and government agencies. Originally founded as American Biodyne, the company became a leader in the behavioral health industry through aggressive growth and consolidation. In 1998, it was acquired by Magellan Health Services for approximately $460 million, a move that created the largest managed behavioral healthcare company in the United States at the time.

Therapeutic areas
Psychiatry
Industry
Non-Academic Healthcare

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