Monte Nido Launches New Residential Facilities; Centra, Lifepoint Announce New Behavioral Health JV

Monte Nido opens new residential facilities in Texas and New York Eating disorder treatment provider Monte Nido & Affiliates announced its plans to open two new centers. The first is a new residential eating disorder center in Conroe, Texas, opening in April. The new center will offer services to adult women with anorexia nervosa, bulimia […]

UHS Announces New $61M JV; Summa Health Opens $84M Behavioral Health Facility

Caron Treatment Centers expands in Florida Wernersville, Pennsylvania-based nonprofit behavioral health provider Caron Treatment Centers opened its 100,000-square-foot facility at the beginning of February, according to a news release from the organization. The facility, The Keele Medical Center, is located at 4575 Linton Boulevard, Delray Beach, Florida. It offers a medical detox unit, 40 residential […]

Google Ventures Invests $28M in Serious Mental Illness Company firsthand

GV, previously Google Ventures, has invested $28.1 million in serious mental illness-focused startup firsthand. New York-based firsthand is trying to forge trust with patients with serious mental illness (SMI) while boosting the population’s engagement with the health care system and community resources. According to the CDC, only 64.5% of adults with SMI received mental health […]

Acadia Healthcare Announces New 120-Bed Facility; Oceans Healthcare Partners with Ochsner Lafayette General

Monte Nido, Discovery Behavioral Health announced eating disorder treatment facilities Miami-based Monte Nido & Affiliates and Irvine, California-based Discovery Behavioral Health announced it is opening new facilities to treat eating disorders. Monte Nido, which specializes in eating disorder treatment and is among the largest in that space, announced in November two new facilities — a […]

Top Behavioral Health Trends for 2023

2023 is set to be a year of transition for behavioral health, as the COVID-era public health emergency (PHE) comes to an end and economic headwinds impact the global economy. Companies that took advantage of the PHE’s relaxed regulations will finally get some answers to looming questions about their business model as the federal government […]

Why More Behavioral Health Operators Opt to Lease Instead of Own

Behavioral health providers largely opt to lease real estate instead of buying it in order to maximize capital going into operations. That’s where investors often say they can get the most return for their investment, and where providers say they can best address patient needs.  This happens to such a degree that the behavioral health […]

Alphabet’s Venture Arm GV Eyes Brick-and-Mortar SMI Investments

GV, previously Google Ventures, has been an active investor in behavioral health over the last decade. The firm is now eying serious mental illness (SMI) and value-based care as its next frontier. In 2021, digital mental health companies raised $5.5 billion in venture dollars – an unprecedented amount. Yet historically, the bulk of digital health […]

PE-Backed Providers Eye Inpatient Mental Health Bed Shortages, Build New Psychiatric Hospitals

Inpatient psychiatric hospital companies are seeing market-specific opportunities to develop new facilities in the face of a decades-long national decline in psych beds. This new era is marked by growth-minded companies seeking to make the most of the massive demand for acute psychiatric services and other high-acuity services. For example, privately held Summit BHC (backed […]

Blueprint Healthcare Real Estate Advisors Launches Behavioral Health Group

Blueprint Healthcare Real Estate Advisors has launched a behavioral health advisory group. Founded in 2013, the Chicago-based health care real estate brokerage aims to serve the growing real estate needs of the swiftly expanding behavioral health industry in the U.S. “Blueprint’s existing pipeline, current client base, and proven analytics make us incredibly well positioned to […]