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Investment & Transactions

Orchard Park Hospital in Wheeling, W.Va., a 30-bed inpatient psychiatric hospital, has signed a letter of intent to merge with WVU Medicine Wheeling Hospital. As part of the merger, Wheeling Hospital will work collaboratively with WVU Medicine Golisano Children’s and…

Clatsop Behavioral Healthcare has opened its first large-scale permanent supportive housing development in Clatsop County, a 32-unit project in Astoria, Ore., designed to serve people with mental health and substance use disorders.  The Baker Building includes at least nine units…

Concord, Calif.-based Center for Social Dynamics has acquired Behavior Change Institute,  based in Alamogordo, N.M. The combined organization aims to expand access to autism and behavioral health services and accelerate development of new treatment models that blend in-person, virtual and…

Health systems across the U.S. are turning to large-scale philanthropic gifts, state funding and internal capital investments to address rising demand for pediatric behavioral healthcare. The funding is supporting expanded inpatient capacity and the development of integrated campuses aimed at…

New York State has awarded $6 million to fund three community pilot programs aimed at shifting to a health-led response for behavioral health crises that minimizes police involvement.  The funding — included in last year’s state budget — will provide…

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Sen. Patty Murray, D-Wash., has secured $3 million in congressional spending for Spokane County’s expanding sobering and recovery center.  The funding will increase the number of beds available to individuals experiencing withdrawal symptoms and help them transition into treatment. Over…

Lansing, Mich.-based UM Health-Sparrow will build a behavioral health hospital in Lansing after the University of Michigan board of regents approved the project Feb. 19.  The 64-bed, $83 million behavioral health hospital will be built on vacant UM Health-Sparrow-owned property…

Southfield, Mich.-based Straith Hospital has opened a specialized behavioral health unit designed to serve children and adolescents with “profound autism and severe behavioral challenges.”  The 16,630-square-foot unit has 12 inpatient beds for 24/7 care and provides behavior analysis as well…

Matthews, N.C.-basedThompson Child & Family Focus and Hornet Sports & Entertainment, the organization that owns the NBA’s Charlotte Hornets, have expanded a multiyear partnership aimed at advancing youth mental health support across the Carolinas.  The collaboration introduces Hive Mind, a…

Frisco, Texas-based Magellan Health has entered into an agreement to be acquired by Madison Health Group, according to a Feb. 13 LinkedIn post from Magellan. Magellan Health CEO Caroline Carney, MD, will continue to lead the company. The transaction will…

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