A slew of psychiatric facilities have closed as the industry faces growing pains. These closures come in the wake of several of the largest players in the space facing misconduct allegations. The result has been several facility closures, exacerbating the shortage of inpatient and acute psychiatric services at a time when such health issues continue […]
Behavioral health provider Oceans Healthcare has acquired Haven Behavioral Healthcare, adding seven new locations to its roster. Plano, Texas-backed Oceans announced on Thursday that it acquired all outstanding shares of Haven Behavioral Healthcare, bringing the provider into five new states: Arizona, Idaho, Ohio, New Mexico and Pennsylvania. “Oceans has consistently sought opportunities that would expand […]
Behavioral health’s odd-duck status requires a unique approach to the payer-provider dynamic. Historic challenges have demonstrated that payer-provider negotiations and partnerships require an approach fundamentally different from other types of business, even other health care segments. Often, involved parties need to alter their expectations to reflect reality instead of a vision of the future. For […]
OU Health breaks ground on $141M pediatric behavioral health center University of Oklahoma-affiliated system, OU Health, broke ground on a new 82-bed behavioral health project on Nov. 1. The facility will cost about $141 million and serve the pediatric population. It will be named the Oklahoma Children’s Hospital OU Health Behavioral Health Center and be […]
Parity will likely be the defining regulatory issue of 2024 as the behavioral health industry braces for the impact of the Biden administration’s to-be-finalized rule. Still, there is plenty to sort out with just 44 days left in 2023. This includes other pending regulatory issues that could be addressed before the end of the year. […]
It’s no secret that behavioral health is personal. Now, some providers are taking that one step further and catering their care to a specific group of patients. There’s been a rise in providers caring for a targeted population, including the BIPOC community, seniors, LGBTQ+ individuals and Gen Zers. These providers have prioritized tailoring programs to […]
Behavioral health providers don’t have to accept the status quo when it comes to challenging state markets. Savvy operators can change fundamental aspects of the markets in which they operate through lobbying and advocacy. This is a right — and even civic obligation — for members of the public to push officials to make changes. […]
Psychiatric hospitals are buckling under decades of financial pressure that increased following the onset of the pandemic. Discriminatory regulations, challenging payer relations and inflation have placed several psychiatric hospitals in untenable positions. A spate of facility closures in 2023 demonstrates that the pressure is proving too much. Industry insiders say that systemic changes can’t come […]
Monte Nido, Discovery Behavioral Health announced eating disorder treatment facilities Miami-based Monte Nido & Affiliates and Irvine, California-based Discovery Behavioral Health announced it is opening new facilities to treat eating disorders. Monte Nido, which specializes in eating disorder treatment and is among the largest in that space, announced in November two new facilities — a […]
Jeff Pritchard started at the bottom of the ladder in addiction treatment. In the early 1990s, he worked as a behavioral health technician in Terra Alta, West Virginia — population: 1,713. Today, he’s the new chief operating officer for Oceans Healthcare LLC, a fast-growing Plano, Texas-based psychiatric and addiction treatment provider. He started the role […]
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