Crisis stabilization company raises $30M in growth funding Connections Health Solutions, a Phoenix-based crisis stabilization company, has raised $30 million in growth financing from the private equity firm Heritage Group. The funding will help fuel the national expansion of Connections’ behavioral health crisis services model, the company said. Connections operates two Arizona centers — one […]
Battery Ventures
A number of digital behavioral health startups have been making waves as of late by reaching unicorn status, with Calm and Lyra Health being a couple examples. The latest digital behavioral company to join those billion dollar ranks is Modern Health, whose biggest days appear yet to be ahead. Based in San Francisco, Modern Health […]
Battery Ventures, a global investment firm with a background funding health care startups, has announced the creation of a new technology platform to help behavioral health and human services providers improve their operational efficiencies. The new company, Behavioral Holdings, is a cloud-based software platform designed for mental health centers and special education organizations, as well […]
Acadia to purchase Adventist Health Vallejo’s behavioral services Adventist Health Vallejo — a 61-bed psychiatric facility — has signed a definitive agreement to sell the hospital and its behavioral health services to Acadia Healthcare (NASDAQ: ACHC) — one of the nation’s largest behavioral health providers. Financial terms of the deal were not disclosed. Based in […]