Hamilton, Ohio-based Butler Behavioral Health and Cincinnati-based Best Point Education and Behavioral Health have merged, creating an organization with approximately $65 million in annual revenue. Butler Behavioral Health is now a wholly owned subsidiary of Best Point, according to a…
Investment & Transactions
Nashville, Tenn.-based Acute Behavioral Health has acquired Kinston, N.C.-based Oakwood Treatment Center. The inpatient psychiatric treatment facility for adolescents was previously owned by Nova Behavioral Health, according to a June 23 news release. Acute Behavioral Health is a network of…
King of Prussia, Pa.-based Universal Health Services and Grand Forks, N.D.-based Altru Health have broken ground on an expanded behavioral health unit. The project will increase capacity at Altru Behavioral Health Center’s inpatient unit from 24 to 48 beds, according…
Lee’s Summit, Mo.-based ReDiscover is planning a $20 million renovation to turn a former grocery store in Kansas City, Mo., into a behavioral health campus, NBC affiliate KSHB reported June 16. The system will convert the 50,000-square-foot site into a…
Fort Myers, Fla.-based SalusCare is searching for a new site for its Cape Coral, Fla., location, the Naples Daily News reported June 13. The site, which provided behavioral health services, sustained significant damage during Hurricane Ian in 2022. The site…
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Collier County, Fla. leaders have approved a $56 million, 87-bed mental health facility, the Naples Daily News reported June 11. The 60,000-square-foot site will be funded by taxpayer dollars and operated by Naples, Fla.-based David Lawrence Center. Voters approved funding…
Winchester, Va.-based Valley Health is planning a behavioral health pavilion on the campus of Winchester Medical Center. The new site will consolidate mental health services spread across multiple locations into one space, according to a June 11 news release. Valley…
Dayton Children’s Hospital has completed its $108 million Mathile Center for Mental Health and Wellness, which is scheduled to open on July 15. “Mental health is the defining crisis of our children’s generation and therefore, one of our strategic priorities,”…
Construction has begun on a new 16-bed residential crisis program unit on Sheppard Pratt’s Elkridge, Md.-based Baltimore/Washington campus. A completion date is scheduled for summer 2026. The planned 24/7-staffed program will be designed to help individuals avoid higher levels of…
Construction has begun on a $9 million behavioral services expansion at UPMC’s New Castle, Pa.-based Jameson Hospital. The new 11-bed behavioral inpatient unit is expected to open next year in partnership with Southwest Behavioral Health Management Group, according to a…