National leader in outpatient addiction treatment, Spero Health announces first acquisition

BRENTWOOD, TN.–(BUSINESS WIRE)–Spero Health, a national leader in outpatient addiction treatment that has helped more than 35,000 patients on their path to sustainable recovery, has acquired My Turning Point, a Kentucky-based 4-clinic addiction treatment provider. These new clinics join a network of more than 85 Spero Health locations in Kentucky, Ohio, Tennessee, Indiana, West Virginia and Virginia. Immediate appointments for addiction treatment services are available at all clinics, and people in need of services are encouraged to call 866-755-4258 for more information or to schedule an appointment. Spero Health is in network with state Medicaid and most commercial insurance plans.

Founded in 2018, My Turning Point is a private outpatient addiction treatment program with locations in Stanford, Russell Springs, Nicholasville and Cynthia, Kentucky, providing life-saving care in these communities.

Speaking about the acquisition, Spero Health CEO Steve Priest said, “The drug epidemic has taken a huge toll on families and communities across the country, and Kentucky has unfortunately been hit particularly hard. This deadly crisis has torn families apart and claimed too many lives. One of the biggest challenges over the past decade for much of the nation has been access to quality care, and this acquisition allows our organization the ability to further expand life-saving services so that even more people in more places have immediate access to the highest quality of care, close to home.”

Spero Health strives to meet people where they are by offering a community-based approach to treatment using an innovative and evidence-based integrated care model that combines both physical and behavioral health services under one roof. Elaborating on the services patients can expect to receive at Spero Health, David Hayden, senior vice president of clinical services, said, “Often times people don’t know where to turn or are afraid of judgment, and we want everyone to they know recovery is possible. Spero Health’s goal is to engage patients where they are in their journey and customize the program to meet their specific needs so they can stabilize, allowing for interventions to support long-term recovery efforts. Patients will have weekly access to a doctor or nurse, counseling services and recovery support that will help connect them back to the community to address other issues such as housing, food insecurity, employment and more.

About Spero Health

Spero Health, Inc. is an integrated health services organization specializing in local and affordable outpatient care for individuals with substance use disorders, with a mission to “Save lives, inspire hope and restore relationships.” Spero Health uses an innovative, evidence-based integrated care model that combines physical and behavioral health services under one roof to treat the whole patient. This integrated model of care combines physician services (including medication-assisted treatment), behavioral health counseling, recovery support services, medication management, and patient and family education. Its community-based approach to treatment allows patients to continue working and caring for their families while overcoming addiction.

Based in Nashville, Tennessee and privately owned by Heritage Group, Health Velocity Capital, South Central, Inc. and Frist Cressey Ventures, Spero Health operates more than 85 outpatient clinics located in Kentucky, Ohio, Indiana, Virginia, West Virginia and Tennessee. Spero Health is a national leader that has helped more than 35,000 patients on their path to stable addiction recovery and is in network with Medicaid and most commercial insurance plans.

For more information about Spero Health, please visit www.sperohealth.com

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