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Finance

Tuscola, Ill.-based RISE Behavioral Health and Wellness will close its services, with clinical operations concluding May 22 and a full organizational transition ending June 30.  The decision followed review by the organization’s board and leadership amid ongoing funding and staffing…

King of Prussia, Pa.-based Universal Health Services CEO and President Marc Miller was paid between 221 and 309 times more than the median annual salary for an employee at the health system between 2021 and 2025, according to proxy statements…

Texas Children’s in Houston has received a $5 million estate gift from philanthropist Barbara LeGrange, who passed away in March, to expand mental healthcare for children and adolescents across the region. Ms. LeGrange planned the donation, which includes $1 million…

Houston-based Texas Children’s has received a $5 million estate gift made by philanthropist Barbara LeGrange to support its behavioral health initiative.  The planned gift — made prior to her death — includes $1 million in immediate funding and additional endowed…

The five highest-earning executives at King of Prussia, Pa.-based Universal Health Services, including its CEO and CFO, received higher overall compensation in 2025 than in 2024, according to an April 9 proxy statement filed with the Securities and Exchange Commission.…

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Google.org, the charitable arm of Alphabet, is committing $30 million over the next three years to support global crisis hotlines, while Google will update its Gemini AI platform with new mental health and crisis support tools. Google said Gemini will…

Health systems across the U.S. are testing a range of financial and operational strategies to sustain and expand behavioral healthcare services, from investing in higher-reimbursed treatments to reconstructing intake and funding models. Five leaders told Becker’s how their systems are…

Nashville, Tenn.-based Centerstone has received a $750,000 suicide prevention grant from the Department of Veterans Affairs to support veterans in the St. Louis region.  The funding will support outreach, screening and care navigation efforts aimed at connecting veterans to VA…

At Houston-based Harris Center for Mental Health and IDD, leaders are combining multiple public and partner funding streams to build a continuum of care for high-need populations while managing operational, compliance and sustainability challenges.  For decades, behavioral healthcare has faced…

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