In the Pipeline: CleanSlate, SaVida’s New Clinics; UHS’ Oregon Hospital Proposal

Opened CleanSlate Centers opens new Wisconsin location CleanSlate Centers, a Nashville-based provider of outpatient alcohol and opioid addiction treatment services, has opened a new location in LaCrosse, Wisconsin, bringing its number of facilities in the state up to 13. Overall, CleanSlate operates facilities in 11 states, nine of which are east of the Mississippi River. […]

UHS Ramps Up Behavioral Health JV Activity But Struggles with Workforce Shortages

Despite being one of the largest behavioral health providers in the country, Universal Health Services (NYSE: UHS) isn’t immune to industry pain points such as workforce shortages and regulatory pressures. But even with those struggles, UHS continues to grow its behavioral health footprint and market hold. The King of Prussia, Pennsylvania-based company has done that […]

HonorHealth, Universal Health Services Partner to Build New Behavioral Health Hospital

HonorHealth and Universal Health Services, Inc. (NYSE: UHS) have signed an agreement to open a new behavioral health hospital in the greater Phoenix area. Financial terms of the deal were not disclosed. HonorHealth is a nonprofit health system serving about 1.6 million people in and around Phoenix. It has five acute-care hospitals, multiple outpatient surgery […]

Addiction Business Hurts Universal Health Services in Q3

Universal Health Services (NYSE: UHS) posted mixed results in the third quarter of 2019, with a large pain point being the hospital management company’s addiction treatment chain, Foundations Recovery Network. Year-over-year, revenue was up 6% in Q3 while net income was down about 43% for UHS. Based in King of Prussia, Pennsylvania, UHS has hundreds […]