Universal Health Services (NYSE: UHS) intends to challenge a recent verdict that would require the company to pay $535 million in damages related to a sexual assault suit. Pavilion Behavioral Health System, a subsidiary of UHS, denied any liability in a case that alleged that an underage patient was sexually assaulted by another underage patient […]
Category: Residential
SUD provider Ideal Option opens high-capacity addiction clinic Kennewick, Washington-based Ideal Option opened a 4,000-square-foot “flagship” clinic primarily designed to provide buprenorphine-based medication-assisted treatment (MAT). The clinic was partly funded through the American Rescue Plan Act through the City of Great Falls, Montana. “The grant funding from the American Rescue Plan Act allows us to […]
In case you missed it, Behavioral Health Business has launched a new specialty publication for professionals in the substance use disorder space. You can subscribe to Addiction Treatment Business here: Subscribe today! The behavioral health industry continues its shift away from adolescent wilderness therapy programs as payers opt for other care models and the segment grapples […]
While private equity investors continue to look for new opportunities in behavioral health, there is one area that is still relatively uncharted: serious mental illness (SMI) care. Caring for the SMI population can be very challenging and requires a multipronged approach, as well as a robust patient engagement plan. Due to these challenges, SMI care […]
Discovery Behavioral Health has consolidated or closed around 14 to 16 locations as part of a retooling of the company in the face of severe market pressures. The provider plans to deemphasize its focus on legacy residential care and double down on its “consumer-direct approach,” Discovery Behavioral Health CEO John Peloquin told Behavioral Health Business. […]
The behavioral health industry often falls short when caring for underserved communities with serious mental illness and substance use disorders. Despite the infusion of capital that poured into the mental health industry over the last few years, the bulk of that investment has been centered around low-acuity patients with commercial health plans. However, many are […]
People with substance use disorders (SUDs) are more likely to have co-occurring disorders, including mental health conditions and physical illnesses. With that in mind, residential SUD treatment providers are stepping up to offer more comprehensive treatment. Operators are weaving services like psychiatry and eating disorder treatment into residential offerings to provide the necessary breadth of […]
Sabra Healthcare REIT (Nasdaq: SBRA) plans to take an incremental approach to growing its behavioral health portfolio. The Irvine, California-based real estate investment trust (REIT) has invested just over $800 million in the behavioral health space but finds opportunities to grow that business less frequently than its other segments, according to its Q3 earnings call. […]
When it comes to creating new behavioral health facilities, buying used may be a better bet than building new. Adaptive reuse conversions involve transforming buildings previously used for another purpose into behavioral health facilities. An increasing portion of the facilities adapted to behavioral health uses are skilled nursing facilities (SNF) or assisted living facilities. If […]
Sabra Healthcare REIT (Nasdaq: SBRA) boasts its most diversified portfolio as it continues to invest in behavioral health properties. While most of the Irvine, California-based real estate investment trust’s (REIT) assets are in the skilled nursing facility (SNF) and senior living spaces, behavioral health now makes up about 14% of its asset concentration. “Our portfolio […]
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