Behavioral Health Merger & Acquisition Volume Rose More Than 42% In 2025

The number of mergers and acquisitions in the behavioral health sector increased by 42% between 2024 and 2025, rising from 73 transactions in 2024 to 104 in 2025, according to a recent report. During the same period across 12 service sectors, merger and acquisition volume increased by 3%. Across the 12 service sectors, deal volume change ranged from a decline of 35% for outpatient surgery centers to the 42% increase for behavioral health provider organizations.

Of the 104 transactions in 2025, 52 involved counseling and psychiatric care, which the report authors said reflected rising demand for outpatient mental health and . . .