- Indiana (Pa.) Regional Medical Center broke ground on a 31,000-square-foot, 44-bed behavioral health facility. The project will cost $14 million.
- Virtual mental health practice Valera Health raised $44.5 million in a funding round led by the venture capital arms of several large hospital systems and local Blue Cross Blue Shield companies.
- Des Moines, Iowa-based Eyerly Ball Community Mental Health Services landed a $4 million federal grant to increase access and bolster its services as part of the the federal Certified Community Behavioral Health Clinic program.
- Floreo, a virtual reality therapy provider for patients with autism, landed $10 million in a series A funding round led by The Disability Opportunity Fund and Tenfore Holdings, bringing the startup’s total money raised to $12.1 million.
- Options MD, a telehealth startup created to provide care for treatment-resistant depression, raised $2.35 million in a funding round led by Bread & Butter Ventures, bringing its total pre-seed funding to almost $4 million.
- Little Rock-based University of Arkansas for Medical Sciences was awarded more than $2 million to equip and support primary care providers in screening, diagnosing, treating, and referring children with behavioral health conditions.
- The Ad Council, a nonprofit public service campaign company, will use a $15 million founding gift to kickstart a multisector mental health initiative.The money is a donation from the Huntsman Mental Health Institute, part of Salt Lake City-based University of Utah.
- Consulting company ICF will use contracts and subcontracts valued at more than $30 million to fund mental health services under HHS’ Substance Abuse and Mental Health Services Administration.
At the Becker's Fall Behavioral Health Summit, taking place November 4–5 in Chicago, behavioral health leaders and executives will explore strategies for expanding access to care, integrating services, addressing workforce challenges and leveraging innovation to improve outcomes across the behavioral health continuum. Apply for complimentary registration now.
