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 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 […]
Tufts Medicine is teaming up with behavioral health provider Acadia Healthcare Company (Nasdaq: ACHC) on a new joint venture. The goal: to build a 144-bed behavioral health hospital in Massachusetts. The new facility will be built on the site of Malden Hospital, a community hospital that closed its doors in 1999. As part of the […]
The behavioral health industry is an increasingly attractive place for health care and life science commercial real estate investment, in part, because of “dramatically improved” payment from Medicaid and Medicare. Thirty-eight percent of survey respondents said that behavioral health facilities fit into their investment criteria for 2022, according to a report by Dallas-based commercial real […]
Ria Health, a virtual treatment provider for alcohol use disorder (AUD), has announced a collaboration with Magellan Healthcare to make its services available to California members of the behavioral and specialty health solutions manager. Under the partnership, San Francisco-based Ria will offer medical and coaching support by way of a secure video chat option. Ria’s […]
Digital behavioral care provider Brightside Health has raised $50 million in a Series B funding round led by ACME Capital and Mousse Partners. The latest round brings the amount raised to date by San Francisco-based Brightside to $75 million. The company last year raised $24 million in a Series A round. Existing investors that participated in […]
Youth telebehavioral health company Brightline announced Tuesday that it has raised $105 million in a Series C funding round led by global investment firm KKR. The Palo Alto, California-based company now has raised over $200 million and is valued at $705 million, Bloomberg reported on Tuesday. Also participating in the round are existing investors GV […]
Antidote Health, a telehealth platform that offers mental health services along with primary care and other services, has completed a Series A funding round in which it raised $22 million. Funding for the New York-based company was led by third-time investor iAngels, Group 11 and Flint Capital. The company previously raised $12 million in seed […]
Talkspace Inc. (Nasdaq: TALK) is debuting a new app that offers parents various caregiving resources to help them with their children’s care. The Lasting Parenting Guide is being offered by self-guided therapy app Lasting from Talkspace, and features over 100 sessions that blend care modalities and activities including psychoeducation, reflections, exercises and journaling. Licensed therapists […]
Since its founding in 2019, virtual provider Equip has been doing its part to help stem the tide of eating disorders. Now, after having proved its outcomes-based treatment approach to insurer Aetna, the two companies are partnering to offer services to plan beneficiaries. Aetna – which is owned by pharmacy giant CVS Health (NYSE: CVS) […]
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