Wellpath, one of the largest providers of mental and physical healthcare in US prisons, has filed for bankruptcy, the Miami Herald reported Nov. 14.
Investment & Transactions
LifeStance Health CEO Ken Burdick is expecting 2025 to be a "particularly challenging" year for reimbursement.
Acadia Healthcare is planning to add 2,000 new beds in the next two years, CEO Chris Hunter told investors on an Oct. 31 investor call, transcribed by Seeking Alpha.
Universal Health services hasn't found many merger-and-acquisition opportunities in the past few years attractive, according to CFO Steve Filton.
Acadia Healthcare has acquired three opioid treatment centers in South Carolina.
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Birmingham, Ala.-based Bradford Health Services has acquired Lakeview Health, the company said in a Sept. 23 news release.
More than 1 in 4 mental health outpatient and residential facilities in Colorado are owned by private equity, according to data from the Leonard Davis Institute of Health Economics at the University of Pennsylvania.
HHS invested $81.3 million in grant awards to support behavioral healthcare in the U.S., with a focus on expanding mental health and primary care integration, substance use treatment court resources and community care services.
HHS has dedicated $82.3 million for grants designed to combat mental health and substance use.
The Texas Health and Human Services Commission will start construction on a $573 million replacement facility for Terrell (Texas) State Hospital Aug. 28.