A new report by VMG Health examines the trend for non-profit hospital systems to form joint ventures with for-profit behavioral health providers, stating that the combinations have become more common in recent years due to the surge in demand for behavioral health services, limited bed capacity, and the ability for “both the non-profit and strategic operators to achieve benefits,” Behavioral Health Business reports.
VMG pointed to examples of joint ventures across the country, such as Acadia Healthcare and Bronson Healthcare announcing plans for a 96-bed facility in Battle, Mich., Beaumont Health and UHS establishing a joint venture for a new 144-bed facility located in Dearborn, Mich., and Kindred collaborating with Baystate Health to build a 120–bed behavioral health hospital in Massachusetts. Read more.
