Utah is moving forward with a plan to open a behavioral health campus in 2027 that will provide psychiatric and substance use disorder treatment services for up to 1,300 people experiencing homelessness, The New York Times reported Oct. 29. The…
Investment & Transactions
West Palm Beach, Fla.-based Ethema Health Corp. signed a letter of intent Oct. 23 to acquire multiple assets and separate entities of Louisa, Ky.-based Addiction Recovery Care, a move expected to generate more than $100 million in revenue in 2026,…
Corona, Calif.-based Signature Healthcare Services and Redding, Calif.-based Arch Collaborative plan to submit a grant application Oct. 28 for a $200 million behavioral health campus in Northern California, according to an Oct. 27 report from Shasta Scout. The move comes…
Maimonides Medical Center is building a new psychiatric unit for adolescents at its Borough Park campus in New York City, according to an Oct. 27 report from Crain’s New York Business. The 20-bed unit will increase the hospital’s inpatient psychiatric…
Hartford (Conn.) HealthCare’s Institute of Living at Hartford Hospital has received an $8 million grant from the National Institutes of Health to establish a research center focused on psychiatric biotyping, according to an Oct. 27 report from the Hartford Courant. …
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Charleston-based Medical University of South Carolina has received more than $11 million from the National Institute of General Medical Sciences to establish a Center of Biomedical Research Excellence focused on trauma resilience. The center will be known as the South…
Behavioral health is at a crossroads: Demand for services is increasing, leading organizations to expand access — but it needs to be sustainable. Stuart Archer, CEO of Plano, Texas-based Oceans Healthcare, told Becker’s sustainability should center around a discussion that…
The Southwest Prevention Center at the University of Oklahoma Outreach in Norman has received a five-year, $50 million grant to lead the Suicide Prevention Resource Center. The grant, from the Substance Abuse and Mental Health Services Administration, under HSS, renews…
Springfield, Mo.-based Burrell Behavioral Health, a provider of mental health and substance use treatment, has broken ground on a new behavioral health crisis center in Columbia, Mo., to expand access to urgent mental healthcare, according to an Oct. 21 report…
Irvine, Calif.-based Discovery Behavioral Health has opened two 72-bed treatment centers in Irving, Texas, and Orange, Calif., with the aim of combining two of its brands, Center for Discovery and Discover Mood & Anxiety. The centers offer care for patients…