Providence St. Joseph Health To Launch $100M Mental Health Initiative
When the state signed off on the merger between St. Joseph Health and Providence Health and Services last month, it included a condition that the new entity invest $30 million in mental health services for Californians. Providence St. Joseph Health decided to increase the funding and create a system-wide foundation.
LA Daily News:
Why Providence St. Joseph Will Spend $100 Million On Mental Health Care
The newly formed Providence St. Joseph Health, which on Friday became the nation’s third-largest nonprofit health system, announced a $100 million mental health initiative on Tuesday. The Institute for Mental Health and Wellness will serve residents in the seven states where Irvine-based St. Joseph Health and Renton, Wash.-based Providence Health and Services own a combined 50 hospitals. When the state Attorney General’s Office signed off on the merger last month, it included a condition that the new entity invest $30 million in mental health services for Californians. (Perkes, 7/6)
California Healthline:
Providence St. Joseph Health System Merger Creates $100 Million Mental Health Initiative
The plan is to create an Institute for Mental Health and Wellness, which will earmark a one-time initial amount of $30 million for California alone. The money is to be used for mental health and addiction counseling and research and treatment for child mental health as well as depression, psychotic disorders and other conditions, according to the California Attorney General’s office. The other states that will participate in the mental health initiative -- Montana, New Mexico, Oregon, Texas and Washington -- will receive the remaining $70 million. (Ibarra, 7/6)