News Release: Geisinger Behavioral Health Center Northeast Celebrates Grand Opening in Moosic (Pa.)
July 17, 2023 05:40 PM Eastern Daylight Time MOOSIC, Pa.–(BUSINESS WIRE)–Geisinger Behavioral Health Center Northeast held a ribbon cutting ceremony today to mark the completion of construction and celebrate the joint venture between Geisinger and Acadia Healthcare. The 96-bed facility will provide care for adult, pediatric and adolescent patients who struggle with acute symptoms of […]
News Release: H2C Secures Operators for Two Behavioral Health Hospitals
NEW YORK, June 2, 2023 – H2C Securities Inc. (“H2C”), a healthcare-focused strategic advisory firm, served as the exclusive advisor to FJM Health and Senior Services (“FJM”), to secure alternative operators for two recently-developed inpatient psychiatric hospitals located in Prescott, AZ and Kennewick, WA. Executive Director Matthew Tarpley and Vice President Michael Fioravanti led the […]
News Release: New state psychiatric hospital to be built on existing Hawthorn Center location in Northville Township
State-of-the-art facility will serve both adults and youth as part of state’s continued commitment to provide behavioral health services to Michigan families LANSING, Mich., April 17, 2023 – Today, as part of the state’s continued commitment to providing behavioral health services to Michigan families, the Michigan Department of Health and Human Services (MDHHS) and the Department […]
News Release: Done Deal: Blueprint Behavioral Delivers… Detroit Style
Blueprint deploys collaborative marketing strategy to achieve best-in-class pricing on long-term single-tenant-leased behavioral hospital Developed in 2021 by Leo Brown Group, a regional owner/developer in the healthcare space, and leased to a major Michigan health system, this geriatric behavioral hospital had approximately 13.5 years remaining on an absolute net lease at time of sale … […]
News Release: Centra Announces Largest Modernization Plan in its History for Lynchburg Campus
Centra’s multi-year Modernization Plan will encompass the most significant facility improvements and capital investments in its history. Aligning with Centra’s long-term Strategic Plan, the 500-million-dollar investment will address different community needs based on findings from the 2021 Community Health Needs Assessment. The first phase of the Modernization Plan is a revitalization and expansion of the […]
News Release: Acadia Healthcare Breaks Ground on New Behavioral Health Hospital in Arizona
Inpatient Treatment Facility Will Be Named Agave Ridge Behavioral Hospital MESA, Ariz.–(BUSINESS WIRE)–Acadia Healthcare Company today held a groundbreaking ceremony marking the beginning of construction on the new hospital that the company is building to serve residents of Mesa, Arizona, and surrounding communities. Slated to open in early 2024, the 100-bed acute care behavioral health […]
News Release: Medical Properties Trust Announces Closing of Lifepoint Health’s Acquistion of Majority Ownership Interest in Springstone
BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that Lifepoint Health (“Lifepoint”) has completed its previously announced acquisition of a majority ownership interest in Springstone Health Opco, LLC (“Springstone”) from Springstone’s management group. In conjunction with Lifepoint’s acquisition, MPT sold for approximately $205 million in cash its approximately $190 […]
News Release: Lifepoint Health Acquires Majority Ownership Interest in Springstone
Completed transaction brings 18 new behavioral health hospitals and 35 outpatient locations into Lifepoint’s diversified healthcare delivery network, bolstering expertise, resources and facilities BRENTWOOD, Tenn.–(BUSINESS WIRE)-–Lifepoint Health announced today that it has completed the transaction to acquire a majority ownership interest in the operating company of Springstone, a national behavioral health provider. The transaction expands […]
Feature Story: Behavioral health takes center stage
Demand is strong for services and facilities, but roadblocks are holding up development, according to panel at InterFace Healthcare conference By John B. Mugford NASHVILLE, Tenn. – As the country has dealt with the COVID-19 pandemic in recent years, behavioral health has become a national concern as more and more people struggle with a variety […]
News Release: Texas Kicks Off Construction of New Psychiatric Hospital in Dallas
NEWS RELEASE Texas Health and Human Services Commission Cecile Erwin YoungHHS Executive Commissioner December 5, 2022 AUSTIN – The Texas Health and Human Services Commission, UT Southwestern Medical Center, and Children’s Health hosted a groundbreaking ceremony to celebrate the start of construction on the state’s newest psychiatric hospital in Dallas, The Texas Behavioral Health Center […]
News Release: Anchor Health Properties Breaks Ground for Jefferson Regional Specialty Hospital, an 85,000 Square Foot Multi-Specialty Inpatient Rehabilitation and Behavioral Health Hospital
(White Hall, AR) , Oct. 20, 2022 – Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently marked the commencement of a 76 bed, 85,000 square foot inpatient rehabilitation and behavioral health hospital, to be known as Jefferson Regional Specialty Hospital, with a […]
News Release: Compass Health Announces $14 Million Capital Campaign for Broadway Campus Redevelopment
Northwest Washington’s behavioral healthcare leader has already raised more than 70 percent of the campaign’s goal, invites community to invest in regional center to meet intensive mental health needs October 13, 2022 12:12 PM Eastern Daylight Time EVERETT, Wash.–(BUSINESS WIRE)–Compass Health is building the future of behavioral health care in the region and community members […]
News Release: Kindred Behavioral Health and Dignity Health Announce Plans for New Inpatient Behavioral Health Hospital in Glendale
The free-standing 96-bed facility will help meet the region’s rapidly growing need for mental health services BRENTWOOD, Tenn. & PHOENIX, Sept. 20, 2022, (BUSINESS WIRE)–Kindred Behavioral Health (KBH), a business unit of LifePoint Health, and Dignity Health today announced the signing of a letter of intent to build and operate a new inpatient behavioral health […]
News Release: STORE Capital to be Acquired by GIC and Oak Street in $14 Billion Transaction
STORE Capital Stockholders to Receive $32.25 Per Share in Cash September 15, 2022 08:00 AM Eastern Daylight Time SCOTTSDALE, Ariz. & SINGAPORE & CHICAGO–(BUSINESS WIRE)–STORE Capital Corporation (NYSE: STOR, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, and GIC, a global […]
News Release: MDH finds proposed Fairview Health Services and Acadia Healthcare mental health hospital in the public interest
ST. PAUL, Minn., Sept. 12, 2022 — The Minnesota Department of Health (MDH) has found that moving forward with a new, free-standing mental health hospital in Saint Paul is in the public interest due to a lack of inpatient mental health beds. Despite this conclusion, MDH acknowledged significant concerns about the new facility as proposed. […]