The University of Kansas School of Medicine in Wichita has received a $2.5 million grant to develop a pediatric behavioral health program for residents, according to a Feb. 23 report from KWCH.
Investment & Transactions
Globally, the behavioral health market was valued at $205 billion in 2021, and it's expected to hit $261.8 billion by 2029.
The Cook County Department of Public Health in Illinois is investing $14.7 million toward its Building Healthier Communities program.
California's Santa Clara County broke ground on a 207,000-square-foot, $422 million behavioral health center, according to a Feb. 22 news release shared with Becker's.
Allentown, Pa.-based Lehigh Valley Health Network and King of Prussia-based Universal Health Services are joining forces on a $61 million behavioral health hospital in Hanover Township, Pa., the Philadelphia Business Journal reported Feb. 13.
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King of Prussia, Pa.-based Universal Health Services is building a 96-bed joint venture psychiatric hospital with Livonia, Mich.-based Trinity Health, MLive reported Feb. 22.
Texas Children's Hospital and The Menninger Clinic, both based in Houston, are partnering to bolster inpatient care for youth experiencing a behavioral health crisis, Texas Children's said Feb. 22.
California governor Gavin Newsom plans to allocate $907 million for a new initiative to provide housing for homeless individuals with severe behavioral health issues.
Children's Home of Northern Kentucky in Covington, a behavioral health facility, has been gifted $150,000 on behalf of the city of Independence, Ky., Link NKY reported Feb. 21.
Michigan state leaders are granting $7.9 million in federal funds toward behavioral health, crisis programs and combating gun violence, CBS affiliate News Channel 3 reported Feb. 21.