PE-Backed Providers Eye Inpatient Mental Health Bed Shortages, Build New Psychiatric Hospitals

Inpatient psychiatric hospital companies are seeing market-specific opportunities to develop new facilities in the face of a decades-long national decline in psych beds. This new era is marked by growth-minded companies seeking to make the most of the massive demand for acute psychiatric services and other high-acuity services. For example, privately held Summit BHC (backed […]

Pipeline: Spero Health’s New Treatment Clinics; Voyages Expands Regional Presence

Spero Health opens doors to two new locations Substance use disorder (SUD) treatment provider Spero Health has expanded its footprint with two new locations in Ohio and Virginia. Spero’s Ohio clinic is located in Akron, in the eastern part of the city, and offers in-person and telehealth services. The clinic accepts most commercial insurances as […]

Pipeline: Oceans Building New Behavioral Health Hospital; Spero Health’s Latest Openings

Oceans Healthcare breaks ground on new hospital Oceans Healthcare is breaking ground on a new behavioral health hospital in Lubbock, Texas that is scheduled to open next fall. Oceans Behavioral Hospital Lubbock — which will provide inpatient and intensive outpatient treatment for adults and seniors — will house 32 beds and employ a staff of […]

Pipeline: New SUD Treatment Clinics from BayMark, Spero Health; Voyages Behavioral Health Developing New Facility

BayMark opens new Ohio clinic Substance use disorder (SUD) treatment provider BayMark Health Services has opened a new clinic in Marietta, Ohio, which offers medication-assisted treatments (MATs) for individuals suffering from opioid addiction. MedMark Treatment Centers Marietta is located in the southeastern corner of the state in Washington County — across the Ohio River from […]

Med-Surg Real Estate Developer Prevarian Companies Shifts Focus to Behavioral Health

As a developer of health care and senior living properties, Prevarian Companies is well-versed in the construction of facilities serving some of the nation’s most vulnerable populations. And if the real estate developer has its way, a significant portion of its future business will come courtesy of the behavioral health sector. Founded in 2004, Dallas-based […]