April 20, 2008
AscendHealth announces the Mungadze Trauma Programs special events.
The Mungadze Trauma program announces community outreach programs that provide education about trauma related disorders.
Dr. Mungadze is joined by Mr. Herschel Walker the legendary football player who has written the book Breaking Free.. My Life with Dissociative Identity Disorder, on an international tour educating people about trauma related disorders and mental health issues. Dr. Mungadze wrote the foreword to the book.
"....I have taken on as my life's mission not just understanding DID for my personal benefit, but understanding it so that other people may enrich their lives and ease the level of pain in their lives..." - Herschel Walker, Author, Breaking Free.. My Life with Dissociative Identity Disorder.
To purchase the book click here.
From the Forward of the book Breaking Free: My Life with Dissociative Disorder by Herschel Walker:
"For the past twenty years, I have guided hundreds of people struggling with dissociative disorders on the difficult path of recovery. But doing so with someone like Herschel Walker has truly been an extraordinary experience - not because of his celebrity status, but because of what he brings to the journey for himself and all others who share similar experiences. . . . Inviting the reader into the compelling story of his life, Herschel poignantly shares how he has used adversity to inspire him to be successful in his running career, his professional football career, his Olympic career, and his business life."
"For those readers who may have been diagnosed with a dissociative disorder or are struggling with the negative aspects of dissociation, Breaking Free will inspire you to accept your diagnosis, to work with your alter personalities, and to seek help if you are not already in therapy. For those readers already being treated, this book will open doors to self-help ideas you have not thought of before." - by Jerry Mungadze, Ph.D.
November 30, 2007
AscendHealth is pleased to announce the opening of University Behavioral Health of El Paso. UBH El Paso opened it doors to provide mental health and chemical dependency services to the El Paso area as well as the surrounding counties and the State of New Mexico.
Prior to the opening of this facility, construction crews completed an extensive renovation and decorating plan to create an impressive environment for patients, families, and employees.
Mr. Joe Rodriquez, CEO, states his team is ready to respond and care for individuals in need of treatment services. "This area has been underserved for some time and we are very excited about developing this hospital to meet the needs of the community."
For more information, see ubhelpaso.com
November 1, 2007
Big Creek Christian Cottage
AscendHealth announces plans to develop a therapeutic ranch in Harriet, Arkansas. The specialized program will be based on the successful Minirth Christian Program and provide an extended treatment stay in a retreat like atmosphere.
September 9, 2007
Ascend Health announces the opening of NorthPointe Family Center in Carrolton, Texas. NorthPointe is a freestanding building providing partial hospitalization and intensive outpatient services for children and adolescents in the day. The youth program can accommodate approximately 65 patients. In addition, the facility has a separate area that allows special chemical dependency programming for adults in the evening. "We are very pleased to provide this service in an area that allows us to expand our market penetration." - Randy Kaniecki, Vice President of Marketing.
For more information, see npfamilycenter.com
September 24, 2007
AscendHealth announces the acquisition of Red River Recovery Treatment Center. Red River Recover Treatment Center in Wichita Falls, Texas, provides specialized chemical dependency care for adults. AscendHealth Corporation President and CEO, Richard Kresch, M. D., indicates that this acquisition provides a logical addition to the services within AscendHealth operations. "We develop specialized inpatient and outpatient programs in the mental health and chemical dependency field. Red River adds intensive residential care to our continuum, thus enhancing our business potential."
For more information, see redriverrecovery.com
March 26, 2007
ASCEND HEALTH RAISES $20.1 MILLION SERIES B FINANCING
New funds to accelerate development of de novo psychiatric hospitals in markets with significant
psychiatric bed need
New York, NY, March 26, 2007. Ascend Health Corporation, an operator of mental health and
chemical dependency hospitals and residential treatment centers, today announced the closing of
a $20.1 million Series B financing. The Company intends to use the proceeds to fund the
development of new psychiatric hospitals. New investor Polaris Venture Partners led the round
and was joined by existing investors CHL Medical Partners, Three Arch Partners and individual
investors. In connection with the closing, Brian Chee, General Partner at Polaris Venture
Partners, will join Ascend Health’s board of directors.
"Ascend is well positioned to respond to markets with significant needs for additional psychiatric
treatment facilities," stated Mr. Chee. "Dr. Kresch and his management team have shown an
ability to identify markets with unmet demand and to respond to that demand with facilities that
provide not only general adult and adolescent psychiatric services, but programs that match the
particular needs of the community."
"As a seed and now repeat investor in Ascend, we are most pleased and impressed with the
Company’s accomplishments to date, including opening its first start-up hospital and achieving
profitability for its first full year," said Jeff Collinson, Managing Partner of CHL Medical
Partners. Mark Wan, a Founding Partner of Three Arch Partners, added, "We expect the early
successes will continue and are looking forward to the opening of the three new facilities Richard
and his team have identified."
"We’re extremely excited about the addition of Polaris as a strategic partner," stated Richard
Kresch, M.D., President and CEO. "This new capital will allow the Company to accelerate the rollout of our innovative business model and delivery of much needed psychiatric care to patients
in underserved markets across the country."
About Ascend Health Ascend Health Corporation is a provider of behavioral healthcare services in the United States offering inpatient care as well as a full range of outpatient services. The Company operates freestanding psychiatric facilities and provides a variety of behavioral healthcare services and
programs to children, adolescents, and adults. For more information, see www.ascendhealth.net.
Contact: Steve Page Chief Financial Officer Ascend Health Corporation 212-243-5565
Click Here to save a pdf printout of this announcement to your computer.
January 11, 2007 - Steve Page joined Ascend Health Corporation as Chief Financial Officer. Steve left Goldman Sachs, New York, N.Y., where he was a Vice President in investment banking. Steve spent seven years at Goldman working in the healthcare Mergers and Acquisitions advisory and leveraged finance groups. He earned his MBA from Wharton Business School at the University of Pennsylvania in Philadelphia in 2000 and graduated in 1994 from the University of Texas at Austin earning a Bachelor Business Administration degree in Finance. He earned a Chartered Financial Analyst designation in 1998.
His primary responsibilities include identifying, negotiating and closing new business opportunities for the company, debt and equity fundraising and Company presentations to the investment community.
September 11, 2005
Ascend Health announces the opening of University Behavioral Health Hospital in Denton, Texas. University Behavioral Health is a 104 bed freestanding psychiatric and chemical dependency facility that provides inpatient, partial hospitalization, intensive out patient and specialty programs for children, adolescent, adults and senior adults.
For more information, see ubhdenton.com
|