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 […]
Category: Hospitals and Health Systems
Oklahoma state government breaks ground on 330-bed, $147M project Construction on the Donahue Behavioral Health Campus in Oklahoma City will begin on March 28. The project brings 330 beds to the city with a price tag of $147 million. The hospital will encompass 275 adult beds and 55 pediatric beds. It replaces Griffin Memorial Hospital […]
The number of state psychiatric hospital beds has dipped to a historic low. In turn occupancy rates have increased. New research from The Treatment and Advocacy Center paints a picture of a national state psychiatric hospital crisis, with 19 states decreasing the number of online beds by more than 20% since 2016. In 2023, the […]
Acadia (NASDAQ: ACHC) is prioritizing strategic investment in its technology capabilities and comprehensive treatment centers (CTCs) for opioid use disorder. At the JP Morgan Healthcare Conference, Acadia CEO Christopher Hunter said these priorities would “drive the business forward” over the next year. As the largest pure-play behavioral health provider, Acadia sets the tone for the […]
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 […]
Acadia Healthcare Co. Inc. (Nasdaq: ACHC) has plans to grow its partial hospitalization programs (PHP) and intensive outpatient programs (IOPs). Acadia’s preparations to weather the Medicaid redetermination storm have paid off and is now seeking to expand its continuum of care to meet increased needs and drive growth, according to its Q3 earnings call. The […]
Acadia Healthcare Co. Inc. (Nasdaq: ACHC) has agreed to pay $400 million to settle three cases filed against the company and former subsidiary Youth and Family Centered Services of New Mexico, which also operated under the name Desert Hills, according to a public SEC filing. In July, a jury awarded $485 million in compensatory and […]
Universal Health Services (NYSE: UHS) is setting its sights on increasing behavioral health bed occupancy after seeing improvement in its recruitment and retention metrics. UHS identified increasing occupancy as its next target for growth in its Q3 earnings call, utilizing a strategy of recruitment retention and expanding service lines to achieve this goal. “Broadly increasing […]
Pyramid Healthcare will undergo its first CEO change in its 25-year history at the beginning of 2024. Jonathan Wolf, who founded the company in 1999, will step into a board chair and advisory role. Jason Hendricks, the chief operating officer of Pyramid Healthcare, will succeed him. Sarah Deutchman, the company’s senior vice president of operations, […]
Over a million emergency room (ER) visits are attributed annually to children and adolescents with a mental health disorder diagnosis. That’s according to a new study by the CDC, which builds on previous research demonstrating the worsening mental health crisis among children and adolescents. The emergency department has become the first response for immediate mental […]
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