Advertisement

Investment & Transactions

Lewiston, Maine-based Common Ties Mental Health Services has merged with Sweetser, a Maine-based nonprofit behavioral health organization, as smaller providers face growing operational and financial pressures, ABC affiliate WMTW reported May 8.  The merger creates the largest certified community behavioral…

New York City will direct $12 million toward recovery services for residents at risk of overdose through peer-led outreach and workforce programs. The funding is expected to create 500 new peer specialists positions over four years.  The investment will support…

Lynchburg, Va.-based Centra and Brentwood, Tenn.-based Lifepoint Health affiliates Lifepoint Behavioral Health and Lifepoint Rehabilitation are preparing to open the Centra Behavioral Health Hospital at the Centra Simons Run Medical Campus in Lynchburg.  The 60,000-square-foot, 72-bed facility is designed to…

MidHudson Regional Hospital in Poughkeepsie, N.Y., a member of Valhalla, N.Y.-based Westchester Medical Center Health Network, has renovated its inpatient behavioral health unit to increase capacity to 60 beds.  Dutchess County supported the project with a $3 million investment, first…

New York City-based Mount Sinai Health System has launched the Marilyn Monroe Mental Health for the Arts Program.  The program provides dedicated mental health services for the performing arts community and is embedded within the Samuel J. Friedman Health Center…

Advertisement

Behavioral healthcare mergers and acquisitions activity climbed in 2025, and transactions in 2026 suggest continuing activity across the sector.  Deal volume rose more than 42% in 2025 with 104 publicly announced transactions, compared to 73 in 2024 and 83 in…

The Chicago Department of Public Health is expanding its mental health safety net and launching a street psychiatry pilot program backed by a $16.2 million investment, CBS News reported April 28.  The city’s Mental Health Equity Initiative partner network enrolled…

Plano, Texas-based Oceans Healthcare plans to open a 66-bed behavioral hospital in Lacombe, La., in 2027 through a collaboration with New Orleans-based Ochsner Health and other regional providers.  The facility, Oceans Behavioral Hospital-Northshore, will be located within the Ochsner Northshore…

York, Pa.-based WellSpan Health launched a 24-hour operated behavioral health walk-in crisis center April 27. The center aims to serve as an alternative to emergency department visits with on-site evaluations, stabilization services and referrals for ongoing care, according to an…

Stamford, Conn.-based Cohen Veterans Network opened its first mental health clinic in Kansas on April 23.  The Steven A. Cohen Military Family Clinic at Centerstone in Manhattan, began serving post-9/11 veterans, service members and their families across the state, providing…

Advertisement