Investment & Transactions

BrightSpring Health plans to sell its community living business to Sevita in an $835 million deal. 

Behavioral health needs to do a better job celebrating success, Oceans Healthcare CEO Stuart Archer said. 

Construction is set to begin on a $111.5M psychiatric hospital in Wichita, Kan., the Wichita Business Journal reported Jan. 10. 

A federal bankruptcy court judge has approved the sale of Wellpath's behavioral health division. 

Amwell has sold its psychiatric telehealth business to Avel eCare for $21 million. 

Officials are hoping to speed up the construction of a $60 million behavioral health facility in Palm Beach County, Fla., NPR affiliate WLRN reported Jan. 7. 

Loudoun County, Va. has broken ground on a 20,500-square-foot behavioral health crisis center in Leesburg, Va. 

San Francisco is requesting $144 million to add 175 more behavioral health treatment beds, the San Francisco Chronicle reported Dec. 16. 

Summit Behavioral Health will open a new facility in Fort Wayne, Ind. in early 2025. 

CMS will bump payment rates for inpatient behavioral health services and make other adjustments to reimbursement in 2025.