Investment & Transactions

Birmingham, Ala.-based Bradford Health Services has acquired Lakeview Health, the company said in a Sept. 23 news release. 

More than 1 in 4 mental health outpatient and residential facilities in Colorado are owned by private equity, according to data from the Leonard Davis Institute of Health Economics at the University of Pennsylvania. 

HHS invested $81.3 million in grant awards to support behavioral healthcare in the U.S., with a focus on expanding mental health and primary care integration, substance use treatment court resources and community care services.

HHS has dedicated $82.3 million for grants designed to combat mental health and substance use.

The Texas Health and Human Services Commission will start construction on a $573 million replacement facility for Terrell (Texas) State Hospital Aug. 28. 

A Pennsylvania judge has appointed a receiver to oversee the sale of Retreat Behavioral Health's facilities in the state, LancasterOnline reported Aug. 20. 

Here are five recent investments into behavioral healthcare in the U.S. totalling more than $90.6 million, as reported by Becker's since July 9:

LifeStance Health plans to open fewer than 10 new clinic locations in 2024, down from its previous estimate of fewer than 20 new sites. 

Acadia Healthcare has closed five facilities in the past year. 

Spring Health has picked up a $100 million funding round.