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Investment & Transactions

Durham, N.C.-based Duke University has secured a $15 million federal grant to expand an AI model designed to predict mental illness in adolescents, according to an Oct. 7 report from The Chronicle.  The Duke predictive model of adolescent mental health,…

New York City-based Talkspace has acquired Wisdo Health, an AI-powered social health and peer support platform.  The acquisition expands Talkspace’s capabilities to address loneliness and social isolation, which affect nearly half of U.S. adults, according to an Oct. 6 news…

New Hyde Park, N.Y.-based Northwell Health has expanded pediatric behavioral health services in Mount Kisco, N.Y., with the launch of an outpatient site and school-based partnership, according to a Sept. 30 report from News 12 Westchester.  The site offers therapy,…

Brentwood, Tenn.-based BrentCare Behavioral Health Holdings acquired Modern Recovery Network, expanding its adolescent behavioral health services nationwide.  Modern Recovery Network operates clinical subsidiaries, including Modern Recovery Services and Avery’s House, according to a Sept. 25 news release. The acquisition allows…

As students return to school this fall, mental health resources may look different, with some school districts preparing to lay off behavioral health providers. About $1 billion in school-based mental health grants were cancelled by the federal government mid-cycle, and…

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New York City-based NewYork-Presbyterian has received a $10 million gift to advance youth suicide prevention efforts at the Center for Youth Mental Health.  The donation — the largest in the center’s 13-year history — from Kim and Jon Shirley will…

California is rolling out a new round of funding to support mental and substance use treatment programs, building on multibillion-dollar investments across the state, according to a Sept. 26 news release from Gov. Gavin Newsom’s office. Here are six things…

Seven Nebraska providers have been designated as the state’s first certified community behavioral health clinics, with services set to launch in January 2026. The initiative, led by the Nebraska Department of Health and Human Services, is designed to expand access…

Aurora-based University of Colorado Anschutz Medical Campus has received a $50 million grant from the Anschutz Foundation to launch a new mental health initiative. The funding will support the CU Anschutz Campus Mental Health Collaborative, a cross-campus effort to unify…

Everett, Wash.-based Compass Health has opened the Marc Healing Center, a new 70,000-square-foot facility for intensive behavioral health services in Everett. The center includes a 16-bed evaluation and treatment unit, a 16-bed crisis triage center, outpatient services and an on-site…

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