The merger of the Pennsylvania-based nonprofits Merakey and Elwyn — which would have created a $1 billion-revenue organization — has been called off. While the two nonprofits declined to answer questions about why the tie-up didn’t materialize, a C-suite executive of Merakey told Behavioral Health Business that “both organizations mutually agreed to walk away from […]
While 2023 unfolded at a dizzying pace, significant news in the behavioral health space may have escaped notice. This brief overview revisits several overlooked stories, offering valuable insights from a year marked by pivotal moments and promising trends. These overlooked stories represent meaningful developments in crucial industry narratives, serving as hidden gems and emblems of […]
Intellectual and developmental disability (IDD) nonprofits Merakey and Elwyn have announced their intentions to merge. The pair recently signed a non-binding Memorandum of Understanding to create a joint company with a 12,000-person workforce caring for 55,000 individuals in 16 states. The partners said the merged company will be focused on delivering holistic care and coordinating […]
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