Lakeland (Fla.) Regional Health has opened its fourth behavioral health clinic. The 5,250-square-foot facility offers adult psychiatry, child and adolescent psychiatry, adult therapy, and child and adolescent therapy, according to a May 29 news release. The location will house 17…
Investment & Transactions
Seaside Health System of Baton Rouge (La.) has been sold to New Jersey investment firm The Graph Group for $7.3 million, according to the Greater Baton Rouge Business Report. Seaside is a behavioral health provider offering a broad range of…
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…
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…
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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…
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…