Seventy-one behavioral health providers across Massachusetts will receive $17.9 million from the state to expand training and certification for clinicians entering the behavioral health field. The funding aims to address workforce shortages tied to low insurance reimbursement rates, which have…
Investment & Transactions
Danville, Pa.-based Geisinger has opened a new $49 million behavioral health center, a move that aims to keep children and families in the community while reshaping rural mental healthcare access, Vice President of Behavioral Health Dawn Zieger told Becker’s. Geisinger…
New York City-based online behavioral healthcare company Talkspace posted double-digit revenue growth in the second quarter of 2025, fueled by continued strength in its payer business. Here are five things to know from the company’s Aug. 5 earnings release:
Claymont, Del.-based Cerebral has acquired New York City-based Resilience Lab. The combined organization — which will operate under the Cerebral brand — aims to establish a comprehensive mental health delivery system, serving as a single point of contact for medication…
Minneapolis-based Nystrom & Associates has acquired Mendota Heights, Minn.-based Ellie Mental Health’s Minnesota operations. The merger creates one of the largest behavioral health networks in the region, with nearly 1,600 clinicians and 1.4 million patient appointments annually, according to an…
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Danville, Pa.-based Geisinger Health System will open a new behavioral health center Aug. 5, according to an Aug. 1 report from New Castle News. The $49 million center will serve patients facing behavioral health challenges and increase Geisinger’s previous bed…
Construction has begun on the $121 million Lubbock (Texas) Psychiatric Center. The 50-bed, maximum security center is one of several new hospitals part of a $2.5 billion effort to transform Texas’ mental healthcare system, according to a July 29 news…
Several former facilities of Palm Springs, Fla.-based Retreat Behavioral Health have been sold, and a deal for another site could be close, LancasterOnline reported July 24. Retreat Behavioral Health abruptly closed in June 2024, after the company’s CEO and chief…
Flurry of behavioral health M&A: 28 deals to know The first seven months of 2025 have seen more than two dozen mergers and acquisitions in the behavioral health space. Behavioral health deals are up in 2025, according to a June…
Oconomowoc, Wis.-based Rogers Behavioral Health is adding two new residential facilities to its 50-acre Oconomowoc campus, BizTimes reported July 22. The nonprofit behavioral health provider recently broke ground on a 24-bed facility for eating disorder treatment and a 20-bed facility…