For-profit companies open psychiatric hospitals in areas clamoring for care timesherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesherald.com Daily Mail and Mail on Sunday newspapers.
For-profit companies open psychiatric hospitals in areas clamoring for care medicalxpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicalxpress.com Daily Mail and Mail on Sunday newspapers.
The companies see a business opportunity in the shortage of inpatient beds for people with severe mental illness nationwide but especially in rural areas clamoring for care.
State institutions and community hospitals have closed inpatient mental health units, often citing staffing and financial challenges. Now, for-profit companies are opening psychiatric hospitals to fill the void.
A for-profit company has proposed turning a boarded-up former nursing home here into a psychiatric hospital, joining a national trend toward having such hospitals owned by investors instead of by state governments or nonprofit health systems.