Investment & Transactions

The following are states that have allocated funding toward tuition reimbursement for mental health providers that Becker's has covered:

The Texas Senate has passed a bill that would allocate $115 million to expand the El Paso (Texas) Psychiatric Center State Hospital System, ABC affiliate KVIA reported April 17. 

Washington, D.C.-based Unity Health Care has been awarded $2.3 million to establish the J. Willard and Alice S. Foundation Behavioral Health Development Fund to support its mental health fellowship program. 

The Michigan Department of Health and Human Services and the state's Department of Technology, Management and Budget are teaming up to build a new inpatient psychiatric hospital.

Raleigh, N.C.-based WakeMed Health is planning to build a behavioral health hospital in the nearby suburb of Garner.

San Bernardino, Calif.-based SAC Health has received a $1.63 million grant to retain behavioral health professionals within the health center, which serves a region designated as a mental healthcare professional shortage area by the Kaiser Foundation.

King of Prussia, Pa.-based Universal Health Services saw an increase in behavioral health revenues in 2022, despite a labor bottleneck forcing it to turn patients away in some markets.

The following are universities that have received funding to train mental health professionals through the U.S. Department of Education's Mental Health Service Professionals Demonstration Program that Becker's has reported on:

UnityPoint Health's Peoria, Ill.-area behavioral services now known as UnityPlace are being rebranded to Trillium Place following Urbana, Ill.-based Carle Health, the Peoria Journal Star reported April 5.

Bangor, Maine-based Northern Light Acadia Hospital has received $500,000 to expand its behavioral health services, Bangor Daily News reported April 4.