Tag: Psychiatric Hospital
MiraCare Group Files for Bankruptcy Following Psychiatric Hospital Closure
The challenges of operating psychiatric hospitals in today’s healthcare landscape were put on full display as MiraCare Group filed for bankruptcy after its psychiatric...
The Growing Psychiatric Hospital Crisis: Strained Systems and Solutions
Psychiatric hospitals are facing unprecedented challenges as they buckle under decades of financial pressure, with the situation escalating following the onset of the pandemic....
US HealthVest and OSF HealthCare Announce Joint Venture for Largest Psychiatric Hospital South of Chicago
US HealthVest, a New York City-based facility investor and owner, and Peoria-based OSF HealthCare System have announced a joint venture (JV) to build the...
Medicare’s New Survey Changes for Psychiatric Hospitals: A Step Forward or Just a Band-Aid?
In recent years, the healthcare industry has witnessed significant changes and advancements, particularly with the growth of Medicare and its regulatory standards. Psychiatric hospitals...
Addressing the Behavioral Health Crisis: A Growing Priority for Hospitals
For years, behavioral health care has been considered the stepchild of physical health. It’s long been an afterthought in the broader medical field, often...