
Core Insights - PAX Health, a prominent player in the behavioral healthcare sector, has announced its acquisition of Neuropsychology and Counseling Associates, expanding its service offerings in New Jersey [1] Company Summary - PAX Health is backed by HCAP Partners and funds managed by Hamilton Lane, indicating strong financial support and investment in the behavioral healthcare industry [1] - The acquisition targets a comprehensive outpatient mental health practice that serves a diverse demographic, including children, adolescents, adults, and families [1] Industry Context - The acquisition reflects a growing trend in the behavioral healthcare industry towards consolidation, aiming to enhance service delivery and accessibility for mental health services [1]