Newport Academy, teen-treatment center, is said to seek buyer

Newport Academy, mental health, substance abuse, Obamacare, private equity
Teenager with depression sitting alone in dark room. Photo courtesy ©iStock/KatarzynaBialasiewicz
Monroe Operations, which does business as Newport Academy, is up for sale, three sources said. Moelis & Co is advising on the auction, one of the sources said. Newport, Orange, California, treats teens with mental-health issues, eating disorders and substance abuse. ...

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