Traditional nonprofit health systems have seen an enormous uptick in behavioral health patients. In turn, they are struggling to keep up with the demand.
At the same time, many behavioral health providers are looking to grow their geographical footprint. As a result, health systems and behavioral health providers are eying more joint venture partnerships than ever before.
These deals give for-profit behavioral health providers brand recognition and a referral stream, while health systems get a new option to care for their patients’ psychiatric needs, Behavioral Health Business reports.
Behavioral health JVs have been steadily on the rise since 2019. In fact, the first few quarters of 2022 alone saw more JV activity than either of the previous two years. Read more.
