The Behavioral Health Reform and Investment Act aims to enhance the delivery and coordination of behavioral health services across New Mexico. It establishes definitions for key terms such as "behavioral health region," "behavioral health services," and "behavioral health stakeholders," and mandates the creation of regional plans that outline the provision of these services. The act requires the administrative office of the courts to designate behavioral health regions, coordinate regional meetings, and develop plans that include a four-phase approach to expanding services, identifying funding priorities, and ensuring continuity of care. Additionally, it sets forth reporting requirements to track the implementation and effectiveness of these plans.

The act also introduces standards for behavioral health services, which must be adopted by June 1, 2025, and establishes a universal credentialing process for behavioral health providers to streamline administrative tasks. It prohibits managed care organizations from limiting the number of new patients a provider can serve if they have the capacity to do so. Funding appropriated under this act is designated for addressing priorities identified in regional plans, with a focus on supporting disproportionately impacted communities. The act is declared an emergency measure, taking effect immediately to ensure prompt action in improving behavioral health services in the state.