Construction starts on $357 million psych hospital Crews have started construction on a $357 million psychiatric facility in Texas, according to the San Antonio Express-News. The site, which will have 300 beds and private rooms for all patients, will eventually serve as a replacement for the San Antonio State Hospital. It’s expected to open in […]
Category: New Development
Kindred Healthcare is leveraging its reputation as a leading specialty hospital company to fuel the growth of its relatively new behavioral health business. Founded last year, Kindred Behavioral Health (KBH) is already on its way to becoming an industry leader in inpatient care. It has about 190 beds in its portfolio to-date and is coming […]
The last five months have been hard for behavioral health providers to weather, with many being forced to cut back services as a result of COVID-19-related financial strain. Some are even facing the risk of closure. Then there’s Pinnacle Treatment Centers, which has actually been expanding. Pinnacle is one of the largest substance use disorder […]
Acadia, Covenant Health break ground on new behavioral hospital Acadia Healthcare (Nasdaq: ACHC) and Covenant Health have officially started construction on their newest inpatient behavioral health hospital, East Tennessee Behavioral Health. Franklin, Tennessee-based Acadia is a behavioral health provider that operates nearly 600 behavioral health facilities across the U.S., the U.K. and Puerto Rico. Meanwhile, […]
Recovery Centers of America (RCA) — a private equity-backed substance use disorder (SUD) treatment provider based in the Northeast — has opened its first Midwestern location. The new facility in suburban Chicago started accepting patients Tuesday. The organization plans to expand its presence in the heartland even further later this year. Based in St. Charles, […]
Evolve Treatment Centers opens two new locations Evolve Treatment Centers has opened two new residential treatment centers for teens. Both centers are located in the East Bay, with one in Walnut Creek, California, and the other in Lafayette, California. Los Angeles-based Evolve has 13 locations across the state of California. It specializes in treating teens […]
Amid the COVID-19 emergency, behavioral health providers are struggling. They’re grappling with increased costs and decreased revenues, while also seeing more demand for their services. As a result, 71% of organizations have had to cancel, reschedule or turn away patients over the past three months, according to a recent survey by the National Council for […]
Spero Health — a privately held substance use disorder treatment (SUD) provider with dozens of locations across five states — has opened a new clinic in Martinsville, Virginia. The facility is the sixth new center Spero Health has announced since the COVID-19 emergency began in mid-March. It’s all part of the provider’s plan to offer […]
Caravel Autism Health has opened a new applied behavior analysis (ABA) center for children on the spectrum. In total, the midwestern provider of ABA services operates nearly 30 centers across Illinois, Wisconsin and Minnesota. The new center, which opened in Bloomington, Minnesota, is Caravel’s eighth in the state. It’s location is strategic, as Minnesota has […]
Discovery Behavioral Health, a portfolio company of Webster Equity Partners, has opened two new adolescent mental health centers. One of the centers will offer outpatient treatment to children and adults, at both the partial hospitalization and intensive outpatient levels of care. The other will offer residential treatment for adolescents ages 10 to 18, treating no […]