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Investment & Transactions

San Diego County and its partners have launched the Elevate Behavioral Health Workforce Fund, a new $75 million initiative aimed at bolstering the region’s behavioral health workforce, according to an Oct. 10 report from the County News Center, a county…

Cleveland Clinic and Select Medical held a ribbon-cutting ceremony for the Cleveland Clinic Rehabilitation Hospital, Fairhill — the organization’s fourth jointly operated rehabilitation hospital.  The 32-bed, all-private-room facility is located within the Select Specialty Hospital in Cleveland and will begin…

Jefferson Cherry Hill (N.J.) Hospital, part of Philadelphia-based Jefferson Health, plans to open a 4,000-square-foot EmPATH unit to treat patients experiencing mental or behavioral health crises, according to an Oct. 10 report from Courier Post. The facility, which will be…

Clinician well-being has become one of healthcare’s most pressing challenges; burnout, stigma and emotional exhaustion are straining clinicians while threatening workforce stability and patient safety. Leaders in behavioral healthcare are looking to change that through policy shifts, peer-to-peer support groups…

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,…

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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…

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…

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