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Burrell buys private Springfield practice

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Private Springfield practice Neuropsychological Associates of Southwest Missouri PC merged into Burrell Behavioral Health Inc.

Burrell yesterday finalized an asset purchase of the 4350 S. National Ave. psychological evaluation and counseling practice. Dale Halfaker, co-founder and owner of NASM, said he and two other psychologists, Steven Akeson and Michael Walsh, are staying on through the transition. He declined to disclose the terms of the deal, under which he, Akeson and Walsh keep their practices and Burrell handles overhead costs.

NASM will move forward under the name MAPS at Burrell, Halfaker said, noting the acronym stands for Midwest Assessment & Psychotherapy Solutions. Shortly after Burrell CEO C.J. Davis took over last fall, Burrell penned a deal to buy MAPS, a Springfield-based mental health care provider.

Halfaker, who co-founded NASM in 1995 and was the sole owner the past 15 years, said he’s been impressed with Burrell’s momentum since Davis became CEO and Executive Vice President of Strategy and Operations Adam Andreassen started earlier this year.

“There seemed to be positives changes, a lot of positive energy,” Halfaker said of the CoxHealth-affiliated Burrell, noting he was impressed by “the new vision and forward perspective Burrell has taken.”

Davis was unavailable this morning to discuss the deal. In a news release, he said Burrell’s commitment to the “continuum of behavioral health care is supported by this acquisition.”

“The addition of NASM providers will enhance our clinical expertise and add valuable specialty services to our organization, allowing us to substantially increase our mission and improve access to services for those needing neuropsychological services by highly qualified clinicians,” he said in the release.

Halfaker said NASM produces roughly $715,000 in annual gross revenue. Burrell has a budget of $85 million, according to past Springfield Business Journal reporting.

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