Mergers and acquisitions in the behavioral health space slowed in the first four months of 2024 compared to 2023, according to PwC's midyear outlook, published June 19.
Investment & Transactions
Texas aims to increase access to inpatient mental healthcare via seven new state hospital projects announced by Gov. Gregg Abbott June 20.
Telehealth behavioral care provider Talkiatry secured a $130 million funding round.
Bozeman (Mont.) Health's Deaconess Regional Medical Center plans to open a 14-bed inpatient psychiatric unit in 2025.
University of Michigan Health-Sparrow is proposing a $97.2 million, 120-bed psychiatric facility in Lansing, Mich., the Lansing State Journal reported July 7.
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Shore Capital Partners sold Behavioral Innovations to Tenex Capital Management, another private equity firm.
Construction is underway on a $100 million behavioral health facility in Anchorage, Alaska, the Anchorage Daily News reported May 28.
UnitedHealth Group's Optum has acquired Plymouth, Minn.-based CARE Counseling, the Star Tribune reported May 23.
An outpatient building leased by Reading (Pa.) Behavioral Healthcare was purchased by Silas Realty Trust, a healthcare real estate company, for $10.5 million.
Mergers and acquisitions in the behavioral health space hit their highest level in more than a year in the first quarter of 2024, according to a May 16 report from Mertz Taggart.