Pueblo, Colo.-based Health Solutions will take over operations at Mind Springs Health. Grand Junction, Colo.-based Mind Springs Health will now operate as Health Solutions West, according to an April 7 news release. In March, Mind Springs closed its 48-bed inpatient…
Investment & Transactions
Charlotte, N.C.-based Novant Health will invest $2.5 million in a new mental health center and develop a behavioral urgent care site there. The Katie Blessing Center is set to open in early 2026. Novant Health will open a six-chair mental…
Hospitals shouldn’t be daunted by taking on multiple levels of behavioral healthcare at once, according to Jonathan Alpert, MD, chair of psychiatry and behavioral sciences at Montefiore Health System and Albert Einstein College of Medicine. New York City.-based Montefiore Health…
Saco, Maine-based Sweetser will open the state’s first secure residential behavioral health program for children, the Bangor Daily News reported March 26. The program received a $2 million grant from the Maine Department of Health and Human Services to launch…
San Francisco-based Two Chairs will expand into 19 new states in 2025. The company offers virtual and in-person therapy in California, Washington and Florida, according to a March 26 news release. Two Chairs raised $72 million in funding in 2024,…
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King of Prussia, Pa.-based Universal Health Services has purchased Palo Verde Behavioral Health Center in Tucson, Ariz. for $19.1 million, AZBigMedia reported March 18. UHS had previously leased the majority of the 84,000-square-foot facility. The company operates an 84-bed acute…
St. Paul, Minn.-based Partners Behavioral Healthcare has acquired four locations from Minneapolis-based Nuway, The Post Bulletin reported March 12. Parenters Behavioral took over operations of Nuway’s intensive outpatient treatment centers in Rochester, Duluth, Mankato and St. Cloud, Minn., on March…
The first three months of 2025 have seen more than a dozen mergers and acquisitions in the behavioral health industry. Here are 12 deals to note since Jan. 22:
Westborough (Mass.) Behavioral Healthcare Hospital will open a second special needs inpatient unit for children with autism spectrum disorder and intellectual disabilities. The unit provides children ages 5-17 with autism and co-occurring behavioral health conditions treatment in sensory-friendly spaces with…
Providers have recently opened new inpatient, outpatient and urgent care behavioral health facilities. Here are 10 new sites that have opened since Feb. 12: