Tennessee is considering building a planned psychiatric hospital in Eastdale after pausing its expansion plans following a historic archaeological review of the original site in Chattanooga, Local 3 News reported May 27. The state’s letter of intent is not a…
Investment & Transactions
Wheeling, W.V.-based Orchard Park Hospital is expanding youth mental health services, WTOV reported May 27. The hospital first opened in 2023 and is expanding to allow up to 30 additional patients ages 5 to 17 to receive in-house services. The…
Rhode Island Gov. Dan McKee has proposed a budget amendment that would allocate $4.3 million in state funds to enhance behavioral health services at Our Lady of Fatima Hospital in North Providence. The funding would come alongside asking CMS for…
Fullerton, Calif.-based Alongside has purchased San Diego ABA, a provider of autism services. Alongside said May 27 the acquisition strengthens its ability to serve families throughout Southern California with personalized ABA services in homes, schools, and clinics. Autism Spectrum Interventions…
King of Prussia-Pa.-based Universal Health Services and Livonia, Mich.-based Trinity Health Michigan will open their joint behavioral health hospital in the near future. The health systems held a ribbon-cutting ceremony for Southridge Behavioral Hospital May 21. The 96–bed facility in…
Advertisement
Around 14% of psychiatric hospitals were private equity-owned in 2021, according to a study published May 22 in JAMA Psychiatry. In 2013, around 8% of psychiatric hospitals were private equity-owned. The study was conducted by researchers at Washington University in…
Vail (Colo.) Health has opened a 28-bed, 48,000-square-foot inpatient psychiatric hospital in Edwards, Colo. The Precourt Healing Center is the only psychiatric hospital between Denver and Salt Lake City, according to a news release shared with Becker’s May 16. The…
Greenville, S.C.-based Prisma Health is planning to double its inpatient behavioral health capacity through the construction of a new $138 million hospital in Easley, S.C. Four things to know: 1. The health system broke ground on the 134,621-square-foot hospital May…
Sioux Falls, S.D.-based Sanford Health will expand its integrated pediatric behavioral health services. The Marsh McLennan Agency, a full service insurance company, will provide $1 million to the system over 10 years. The partnership will allow Sanford Children’s Hospital to…
Carbondale-based Southern Illinois Healthcare is planning a $20 million upgrade to its inpatient mental health facility. The Illinois Health Facilities and Services Review Board granted unanimous approval to the project, according to a May 7 news release. The system will…