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Richmond-based drug monitoring company AverHealth expands with acquisition
September 8, 2020
A fast-growing Richmond-based company that provides substance use monitoring and treatment services has made an acquisition that expands its footprint in the Southwest.
Averhealth acquired the drug testing services of Treatment Assessment Screening Center, or TASC, a private nonprofit based in Phoenix.
The deal, completed on Aug. 28 and announced earlier this week, expands Averhealth’s presence in Arizona, Utah and Texas, where TASC had contracts to provide drug testing services.
Averhealth has operations in 30 states, working with about 1,800 courts and social services agencies on drug testing and prevention treatment. The company serves about 350,000 patients.
“We really go beyond drug testing,” said Jacquie Sheehey, Averhealth’s director of marketing and partner relations. “What we pride ourselves on and what differentiates Averhealth is we really do take on looking at the behavioral health components for the people we serve in the criminal justice system, looking at behavior patterns and what are warning signs to prevent relapse or perhaps an overdose.”
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