Kindred Behavioral Health Services (KBHS) has doubled the number of beds under its management after reaching an agreement to oversee three behavioral health hospitals in Arizona and Nevada. The company announced the news Wednesday in a press release.
Founded in 2019, KBHS is the behavioral health arm of Louisville, Kentucky-based Kindred Healthcare, a specialty hospital company and one of the largest health care providers in the nation. KBHS focuses on joint ventures and management services agreements with health systems nationwide.
KBHS currently manages the 64-bed behavioral health unit at Riverside Medical Center in Kankakee, Illinois. Plus, it owns and operates two Texas behavioral health hospitals and is forming a JV with Baystate Health to build and operate a $43 million, 120-bed behavioral hospital in Massachusetts.
Now, KBHS will also be taking over the management of 88 behavioral health beds from Talas Harbor, which provides inpatient behavioral health services to patients 55 and older in the Southwest. Under the new management services agreement, KBHS will be responsible for the day-to-day management, implementation and clinical operations of three Talas Harbor hospitals.
Those include Talas Harbor at Bullhead City, Arizona, which has 24 beds; Talas Harbor at Buckeye, which is expected to open in Phoenix, Arizona, in April and have 40 beds; and Talas Harbor at Lake Mead, which is expected to open in Las Vegas, Nevada, in June and have 24 beds.
“We are pleased to enter these agreements and look forward to working with Talas Harbor as they grow and expand to serve more patients,” Rob Marsh, senior vice president and COO of KBHS, said in a press release. “Kindred is a leader in treating medically complex and rehab-intensive patients, leveraging partnerships and innovation to enhance care.”
The agreement is one of several likely to come from KBHS in the year ahead. When BHB connected with Marsh last September, he said the company was seeing “tremendous interest” and having conversations with about 15 health systems nationwide about potential opportunities. At the time, Marsh also said the company was working to double its bed capacity, a goal on which KBHS has already started to deliver on the management services side of its business.