$1.08B in mental health investments in 2 weeks: what to know

Here is a breakdown of eight investments into mental healthcare totaling more than $1.08 billion reported by Becker's since Jan. 5:


  1. Avesi Partners, a private equity investment firm, made a growth investment in Petaluma, Calif.-based Muir Wood, an adolescent-focused behavioral health provider. The total investment was not disclosed. 


  1. ServiceNet, a nonprofit human service agency based in Northampton, Mass., received a $4 million grant from the Substance Abuse and Mental Health Services Association to expand a two-year pilot program focusing on removing barriers to treatment for substance use and mental health disorders.


  1. Ohio Hills Health Centers — which has locations in Belmont, Guernsey, Harrison, Monroe and Noble counties — was given $650,000 to expand behavioral health services across the health centers through the 2023 Congressionally Directed Spending.


  1. Glenn County, Calif., was awarded $17.2 million from the Department of Health Care Services' Behavioral Health Continuum Infrastructure Program to bolster and expand its behavioral health services through the creation of the Orland Youth and Family Wellness Center, an integrated outpatient mental health and substance abuse clinic. 


  1. Los Angeles-based Gateways Hospital and Mental Health Center will receive $19.2 million from the state's Department of Health Care Services Behavioral Health Continuum Infrastructure Program to expand the facility's capacity to provide adolescent behavioral health services.


  1. New York Gov. Kathy Hochul outlined a $1 billion plan to overhaul mental healthcare across the state. Here is a breakdown of the proposal. 


  1. CVS Health put $25 million into Array Behavioral Healthcare, a virtual psychiatry and therapy provider. The company plans to use the funds to improve behavioral healthcare access in Aetna's coverage network.


  1. Schools in North Carolina's Iredell and Statesville counties secured a $17 million grant from the Education Department to fund mental health services for students by adding 22 clinical therapists to serve in its schools for five years.


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