PAX Health Acquires Neuropsychology and Counseling Associates, Expanding Comprehensive Mental Health Services Across New Jersey

Rhea-AI Summary

PAX Health, backed by HCAP Partners and Hamilton Lane (Nasdaq:HLNE), has announced the acquisition of Neuropsychology and Counseling Associates, a comprehensive outpatient mental health practice in New Jersey. The acquired practice, founded by Theodore J. Batlas, Psy.D., brings over 30 years of experience in specialized mental health services.

The strategic acquisition enhances PAX Health's portfolio by adding expertise in clinical neuropsychology, memory support services, dementia screening, cognitive training, and various therapeutic services. The integration aims to expand PAX Health's geographic footprint while maintaining Neuropsychology and Counseling Associates' established approach to specialized care.

Positive

• Strategic expansion of geographic footprint in New Jersey market
• Addition of specialized neuropsychological services and expertise to service portfolio
• Integration of established practice with 30+ years of experience
• Enhancement of comprehensive mental health treatment capabilities

Negative

• Potential integration challenges between the two organizations
• Increased operational complexity in managing expanded service offerings

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RED BANK, N.J., Sept. 23, 2025 /PRNewswire/ -- PAX Health, a leading behavioral healthcare company backed by HCAP Partners and funds managed by Hamilton Lane (Nasdaq:HLNE), today announced its acquisition of Neuropsychology and Counseling Associates, a comprehensive outpatient mental health practice serving children, adolescents, adults, and families throughout New Jersey.

This strategic acquisition enhances PAX Health's portfolio of specialized mental health services and expands its geographic footprint in New Jersey, strengthening the company's ability to deliver neuropsychological evaluations, cognitive training, and comprehensive behavioral healthcare across diverse patient populations.

"Neuropsychology and Counseling Associates has established an outstanding reputation for providing specialized neuropsychological care and comprehensive mental health treatment," said Anthony DeSena, CEO of PAX Health. "Their team's expertise in clinical neuropsychology, memory support services, and evidence-based therapeutic approaches adds significant value to our service offerings and aligns perfectly with our mission to improve access to comprehensive behavioral healthcare, further supporting the expansion of our geographic footprint."

Founded by Theodore J. Batlas, Psy.D., Neuropsychologist, former Chief of Psychology at Jersey Shore University Medical Center, Neuropsychology and Counseling Associates has over thirty years of experience providing comprehensive mental health services. The practice specializes in clinical neuropsychology, memory support services, dementia screening, cognitive training, forensic neuropsychology, rehabilitation, biofeedback, and marriage and family counseling. Their professional staff is licensed and certified in clinical neuropsychology, clinical psychology, rehabilitation, biofeedback, and marriage and family counseling.

"We are truly excited about our partnership with PAX Health, as it will significantly enhance our ability to provide comprehensive neuropsychological services to a wider population," said Michael P. Heptig, Clinical Neuropsychologist, Co-Director and Partner at Neuropsychology and Counseling Associates. "Addressing the increasing demand for behavioral health services has been a considerable challenge in recent years. We are confident that this partnership will enable us to more effectively meet the needs of our community and further the PAX vision of providing personalized mental health treatment in a compassionate setting."

This acquisition represents another significant step in PAX Health's growth strategy, supported by healthcare-focused private equity firm HCAP Partners and funds managed by global investment management firm Hamilton Lane. The integration will enhance PAX Health's ability to deliver customized behavioral health solutions while preserving Neuropsychology and Counseling Associates' established approach to specialized neuropsychological care.

About PAX Health

PAX Health is a leading behavioral health company dedicated to providing innovative and comprehensive solutions for mental health and well-being. Through strategic integration of best practices and resources, PAX Health delivers tailored solutions for individuals, businesses, and communities seeking comprehensive behavioral health services.

About Neuropsychology and Counseling Associates

Neuropsychology and Counseling Associates offers comprehensive outpatient mental health treatment for children, adolescents, adults, and families throughout New Jersey. With over thirty years of experience, the practice provides specialized services including clinical neuropsychology, memory support services, dementia screening, neuropsychological evaluations, cognitive training, biofeedback, rehabilitation, and marriage and family counseling. The practice serves patients through both in-person and telehealth services, delivering evidence-based treatment approaches including CBT, psychotherapy, and psychiatric medication management.

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SOURCE PAX Health

FAQ

What companies did Hamilton Lane (HLNE) acquire in September 2025?

Hamilton Lane, through its managed funds, backed PAX Health's acquisition of Neuropsychology and Counseling Associates, a comprehensive outpatient mental health practice in New Jersey.

What services does Neuropsychology and Counseling Associates provide?

The practice provides clinical neuropsychology, memory support services, dementia screening, cognitive training, forensic neuropsychology, rehabilitation, biofeedback, and marriage and family counseling services.

How will the acquisition impact PAX Health's service offerings?

The acquisition will enhance PAX Health's ability to deliver neuropsychological evaluations, cognitive training, and comprehensive behavioral healthcare while expanding its geographic presence in New Jersey.

Who founded Neuropsychology and Counseling Associates?

The practice was founded by Theodore J. Batlas, Psy.D., who was formerly the Chief of Psychology at Jersey Shore University Medical Center.

What is the strategic significance of this acquisition for PAX Health?

This acquisition strengthens PAX Health's mental health service portfolio, expands its geographic footprint in New Jersey, and enhances its ability to provide comprehensive behavioral healthcare services.