#United States #mental health #PAX Health #Richardson Psychiatric #Red Bank, New Jersey

PAX Health Expands Mental Health Services in Pennsylvania

In a noteworthy move aimed at enhancing mental health services, PAX Health, a prominent player in behavioral healthcare, has announced the acquisition of Richardson Psychiatric Associates. This acquisition, which took place on April 17, 2025, marks a significant step in PAX Health’s mission to broaden its reach and improve the quality of services offered to individuals struggling with mental health issues.

Richardson Psychiatric Associates, co-founded by Dr. W. Randolph Richardson and Lisa Richardson, has earned a stellar reputation for its compassionate care and comprehensive treatment regimens. The practice provides outpatient psychiatric services to adults, adolescents, children, and families, specializing in psychiatric evaluations, medication management, and various evidence-based therapeutic approaches, including Cognitive Behavioral Therapy, Trauma Therapy, Art Therapy, and Grief Therapy.

PAX Health, buoyed by investments from HCAP Partners and funds managed by Hamilton Lane (Nasdaq:HLNE), seeks to leverage this acquisition to strengthen its service offerings in Western Pennsylvania. According to PAX Health CEO Anthony DeSena, the addition of Dr. Richardson’s well-established practice not only emphasizes the company's commitment to mental health but also enhances its operational reach across diverse patient populations. DeSena remarked, “Richardson Psychiatric Associates has established an outstanding reputation for providing personalized mental health treatment in a compassionate environment.”

The extensive experience of the Richardson team plays a crucial role in this integration. Dr. Richardson, who has been involved in psychiatry since 1991, along with Lisa, who has background in diagnostic and therapeutic practices since 1987, brings valuable expertise that aligns seamlessly with PAX Health's mission. This partnership promises to slip-fit Richardson Psychiatric Associates into PAX Health’s broader framework of patient-centered care.

Dr. Richardson expressed excitement over their new partnership, stating, “We are looking forward to the opportunity to help grow PAX's presence in Pennsylvania.” He emphasized the aim to utilize their extensive knowledge of the Western Pennsylvania market to boost the availability of high-quality mental health services in the area. Similarly, Lisa Richardson echoed these sentiments, looking forward to continuing the compassionate care currently provided while enhancing their capability to expand services to a wider community.

This acquisition reflects PAX Health's robust growth strategy and signifies another stride towards fulfilling their goal of delivering innovative, comprehensive behavioral health solutions. As the company continues to integrate best practices from Richardson Psychiatric Associates, both organizations remain committed to ensuring patient care remains the top priority.

PAX Health stands as a leading behavioral health company dedicated to providing tailored mental health solutions and emphasizes the integration of patient-focused practices. Their strategic expansion through partnerships like the one with Richardson Psychiatric Associates is a fundamental part of the mission to increase access to effective behavioral healthcare.

For more details about the acquisition and services offered, PAX Health and Richardson Psychiatric Associates encourage community members and potential clients to reach out and engage with their enhanced services. The future looks promising as they embark on this journey of collective growth and impactful mental health service delivery.