Peoria, Ill.-based OSF Healthcare in partnership with psychiatric facility developer US HealthVest have been approved for a certificate of need to build a new behavioral health hospital.
The certificate of need for the new Meadowview Behavioral Hospital was approved by the Illinois Health Facilities and Services Review Board, according to a May 9 news release.
The 64,000-square-foot facility will include 100 beds, full behavioral health services regardless of ability to pay, comprehensive treatment for those who struggle with acute symptoms of mental health, partial hospitalization, and intensive outpatient programs. It will be open 24/7 with a crisis center offering free assessments and specialized programs with evidence-based care.
OSF and US HealthVest have invested a combined $35 million toward the project. The hospital is slated to open in late 2025.