New York Gives Stipulations for Controversial Mount Sinai Merger

PitchBook projects that private equity deal activity in behavioral health will rebound in 2023.

Proprietary data from the M&A firm The Braff Group shows that the behavioral health industry last year saw 251 deals completed in the space, up about 33% from 2020.

Venture capital firms are sitting on dry powder measured in the hundreds of billions of dollars. Much of that cash is finding its way to healthcare startups, which continue to raise money at a steady clip.