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Investment & Transactions

Health insurance provider Elevance Health — through its philanthropic arm, the Elevance Health Foundation — added $1.6 million in additional grants to its support program for organizations working to address maternal and child healthcare needs. 

Maven, a multispeciality digital healthcare company geared toward women and families, raised $90 million via private equity deals in the fourth quarter of 2022, the largest of any virtual mental health provider, according to a report published by business intelligence…

The state of California inked a $37 million contract with Next Generation Advanced, a emergency communications management company, to run its Suicide Prevention & Mental Health Crisis Lifeline network. 

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Investments in digital health companies dropped from $59.7 billion in 2021 to $25.9 billion in 2022 — a decrease of 57 percent — according to a report published by business intelligence company CB Insights.

Chapel Hill, N.C.-based UNC Health is planning to build a 54-bed children's behavioral hospital in Granville County, the Triangle Business Journal reported Feb. 14.

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