Finance

Groups Recovery Together Raises $60 in Series C Funding
May 05, 2021
Groups Recover Together, a provider of medication-assisted treatment for opioid addiction with a portfolio of clinics that operate in 12 states, announced on Wednesday that it has raised $60 million…
Gallus Medical Detox Centers to Add 3 Clinics After Completing Equity Financing
May 05, 2021
SCB Global Healthcare Services announced that Gallus Medical Detox Centers, a provider of inpatient medical detox programs for alcohol and drug addiction within the SCB Global portfolio of companies…
Tailwinds Propel Active First Quarter of Deals in BH Sector
April 19, 2021
“Significant tailwinds” propelled an active first quarter of mergers and acquisitions across the behavioral healthcare space, according to a report published on Friday by M&A advisory firm Mertz…
Report: Investment Firm Considers Sale of Newport Academy
April 14, 2021
Investment firm Carlyle Group is mulling a sale of Newport Academy, the operator of a network of programs for teens with mental health disorders, according to a report on Tuesday from the trade…
Long-Term Viability Remains Uncertain for Providers as Demand Increases
March 09, 2021
About 40% of mental health and addiction treatment organizations say that without additional federal relief, they are likely to close by the end of 2021, according to a recent survey conducted by the…
atai Life Sciences Announces Close of $157 Million Financing Round
March 03, 2021
atai Life Sciences, a biopharmaceutical firm developing psychedelic and non-psychedelic compounds for mental health disorders, announced on Wednesday that it has closed a $157 million Series D round…
SAMHSA Awards Grants for Massive CCBHC Expansion
February 05, 2021
The Substance Abuse and Mental Health Services Administration announced that it has released grants that will enable 134 facilities to become Certified Community Behavioral Health Clinics (CCBHCs),…
Concert Health Closes $14 Million Funding Round
February 01, 2021
San Diego-based behavioral health medical group Concert Health on Thursday announced the closing of a Series A funding round of $14 million co-led by Vertical Venture Partners and Town Hall Ventures…
Beacon Extends Grants for Four Community BH Organizations
January 25, 2021
In 2019, Boston-based Beacon Health Options distributed $128,000 in grants to four community behavioral health organizations to help them increase their clients’ connectivity to medication-assisted…
Foundation for Opioid Response Efforts Unveils Scientific Advisory Council
January 14, 2021
The Foundation for Opioid Response Efforts, a private, not-for-profit grantmaking organization that funds projects to address the opioid crisis at national, state and community levels, has announced…
Back to Top