Jacksonville, Fla.-based US Pediatric Partners has acquired Raleigh, N.C.-based Hope Services. The community-mental health provider operates three locations in the Raleigh area, according to an April 22 news release. US Pediatric Partners was formed by Webster Equity Partners, a private…
Investment & Transactions
Amae Health, an outpatient care provider for patients with serious mental illness, has expanded to New York City with the support of NewYork-Presbyterian, also based in the city. According to an April 14 news release, Amae Health will collaborate to…
PAX Health has acquired New Castle, Pa.-based Richardson Psychiatric Associates. The outpatient psychiatric site serves adults, adolescents, children and families, according to an April 17 news release. PAX Health is backed by California private equity firm HCAP Partners. The company…
Brentwood, Tenn.-based Lifepoint Behavioral Health and Indianapolis-based Community Health Network are building an inpatient facility in Westfield, Ind. Construction on the 120-bed behavioral health facility will begin in 2026, according to an April 15 news release shared with Becker’s. The…
Pueblo, Colo.-based Health Solutions will take over operations at Mind Springs Health. Grand Junction, Colo.-based Mind Springs Health will now operate as Health Solutions West, according to an April 7 news release. In March, Mind Springs closed its 48-bed inpatient…
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Charlotte, N.C.-based Novant Health will invest $2.5 million in a new mental health center and develop a behavioral urgent care site there. The Katie Blessing Center is set to open in early 2026. Novant Health will open a six-chair mental…
Hospitals shouldn’t be daunted by taking on multiple levels of behavioral healthcare at once, according to Jonathan Alpert, MD, chair of psychiatry and behavioral sciences at Montefiore Health System and Albert Einstein College of Medicine. New York City.-based Montefiore Health…
Saco, Maine-based Sweetser will open the state’s first secure residential behavioral health program for children, the Bangor Daily News reported March 26. The program received a $2 million grant from the Maine Department of Health and Human Services to launch…
San Francisco-based Two Chairs will expand into 19 new states in 2025. The company offers virtual and in-person therapy in California, Washington and Florida, according to a March 26 news release. Two Chairs raised $72 million in funding in 2024,…
King of Prussia, Pa.-based Universal Health Services has purchased Palo Verde Behavioral Health Center in Tucson, Ariz. for $19.1 million, AZBigMedia reported March 18. UHS had previously leased the majority of the 84,000-square-foot facility. The company operates an 84-bed acute…