Carbondale-based Southern Illinois Healthcare is planning a $20 million upgrade to its inpatient mental health facility. The Illinois Health Facilities and Services Review Board granted unanimous approval to the project, according to a May 7 news release. The system will…
Investment & Transactions
NexPhase Capital has acquired Los Angeles-based Behavior Frontiers, an autism therapy provider with locations in 12 states. Behavior Frontiers was previously owned by Lorient Capital, a private equity fund, according to a May 5 news release. During Lorient’s ownership, Behavior…
Teladoc has acquired virtual mental health provider UpLift in a $45 million deal. According to an April 30 news release, UpLift will continue to be led by current CEO Kyle Talcott. Purchase, N.Y.-based Teladoc has owned BetterHelp, a direct-to-consumer virtual…
Brightline Health has opened its first brick-and-mortar clinic in Brooklyn, N.Y. Brightline previously operated through a telehealth-only model. In September, the company shifted to a hybrid model, scaling down to a handful of geographic markets. The company is adding in-person…
Officials in San Joaquin County, Calif., have approved a $261.8 million substance use and mental health treatment center. The Be Well Campus will be built on 23 acres in French Camp, Calif., and offer crisis stabilization, detox and sobriety centers,…
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The first four months of 2025 have seen more than a dozen mergers and acquisitions in the behavioral health industry. Here are 17 deals to note since Jan. 22: This story was first published March 13 and last updated April…
Jacksonville, Fla.-based US Pediatric Partners has acquired Raleigh, N.C.-based Hope Services. The community-mental health provider operates three locations in the Raleigh area, according to an April 22 news release. US Pediatric Partners was formed by Webster Equity Partners, a private…
Amae Health, an outpatient care provider for patients with serious mental illness, has expanded to New York City with the support of NewYork-Presbyterian, also based in the city. According to an April 14 news release, Amae Health will collaborate to…
PAX Health has acquired New Castle, Pa.-based Richardson Psychiatric Associates. The outpatient psychiatric site serves adults, adolescents, children and families, according to an April 17 news release. PAX Health is backed by California private equity firm HCAP Partners. The company…
Brentwood, Tenn.-based Lifepoint Behavioral Health and Indianapolis-based Community Health Network are building an inpatient facility in Westfield, Ind. Construction on the 120-bed behavioral health facility will begin in 2026, according to an April 15 news release shared with Becker’s. The…