Irving-based New York Medical Center plans to convert the former Lakeshore Hospital in the city into a behavioral health and substance use recovery center. The $42 million project will convert the 173,000-square-foot facility in two phases, beginning with inpatient units…
Investment & Transactions
Running a behavioral health facility comes with a set of unique challenges that include regulations, specialized staff, and life-changing care to vulnerable populations. Frankly, wondering whether your banker understands your business is not usually top of mind. Yet, choosing the…
Montana officials are moving ahead with plans to build a new state-run behavioral health hospital near Billings, the Billings Gazette reported Aug. 20. The $26.5 million project was approved by the state legislature earlier this year and is intended to…
Charleston, S.C.-based MUSC Health will open its new $100 million behavioral health center on Aug. 25 in Florence. The Jean and Hugh K. Leatherman Behavioral Care Pavilion will serve as a regional behavioral health hub offering a mix of triage,…
Salt Lake City-based Intermountain Health is unveiling a new 90,000-square-foot pediatric behavioral health center in West Taylorsville, Utah on Aug. 22. The Intermountain Health Primary Children’s Hospital Behavioral Health Center will open to patients on Sept. 6 and was made…
Advertisement
New York City has awarded contracts to 13 mental health clubhouses for adults with severe mental health conditions through a $30 million investment by the state Department of Health and Mental Hygiene. Seven of the clubhouses will be newly established,…
Seventy-one behavioral health providers across Massachusetts will receive $17.9 million from the state to expand training and certification for clinicians entering the behavioral health field. The funding aims to address workforce shortages tied to low insurance reimbursement rates, which have…
Danville, Pa.-based Geisinger has opened a new $49 million behavioral health center, a move that aims to keep children and families in the community while reshaping rural mental healthcare access, Vice President of Behavioral Health Dawn Zieger told Becker’s. Geisinger…
New York City-based online behavioral healthcare company Talkspace posted double-digit revenue growth in the second quarter of 2025, fueled by continued strength in its payer business. Here are five things to know from the company’s Aug. 5 earnings release:
Claymont, Del.-based Cerebral has acquired New York City-based Resilience Lab. The combined organization — which will operate under the Cerebral brand — aims to establish a comprehensive mental health delivery system, serving as a single point of contact for medication…