Behavioral healthcare mergers and acquisitions activity climbed in 2025, and transactions in 2026 suggest continuing activity across the sector. Deal volume rose more than 42% in 2025 with 104 publicly announced transactions, compared to 73 in 2024 and 83 in…
Investment & Transactions
The Chicago Department of Public Health is expanding its mental health safety net and launching a street psychiatry pilot program backed by a $16.2 million investment, CBS News reported April 28. The city’s Mental Health Equity Initiative partner network enrolled…
Plano, Texas-based Oceans Healthcare plans to open a 66-bed behavioral hospital in Lacombe, La., in 2027 through a collaboration with New Orleans-based Ochsner Health and other regional providers. The facility, Oceans Behavioral Hospital-Northshore, will be located within the Ochsner Northshore…
York, Pa.-based WellSpan Health launched a 24-hour operated behavioral health walk-in crisis center April 27. The center aims to serve as an alternative to emergency department visits with on-site evaluations, stabilization services and referrals for ongoing care, according to an…
Stamford, Conn.-based Cohen Veterans Network opened its first mental health clinic in Kansas on April 23. The Steven A. Cohen Military Family Clinic at Centerstone in Manhattan, began serving post-9/11 veterans, service members and their families across the state, providing…
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Winston-Salem, N.C.-based Novant Health and Los Angeles-based Amae Health are collaborating to expand outpatient care for severe mental illness in Charlotte, N.C.. The partnership will bring Amae’s outpatient care model for severe mental illness — which integrates psychiatry, therapy, primary…
The American Foundation for Suicide Prevention and The Jed Foundation plan to combine into a single organization. The combined entity, the American Foundation for Suicide Prevention/The Jed Foundation, is expected to be completed by this fall, according to an April…
Hamilton, Ohio-based Primary Health Solutions plans to acquire South Community Behavioral Health based in Moraine. The acquisition is expected to become effective in July, pending regulatory approval, according to an April 20 news release from Primary Health. Services provided by…
Baltimore-based Sheppard Pratt has received $16.5 million in state funding to support the development of a children’s psychiatric hospital. The funding comes from two separate allocations in Maryland’s fiscal year 2027 budget — $15 million and $1.5 million — a…
NorthBay Health Medical Center in Fairfield, Calif., has been awarded $14.9 million to develop a behavioral health and addiction medicine center with 24/7 urgent care. Five things to know: 1. The funding comes through California’s Behavioral Health Continuum Infrastructure Program,…