For-Profit vs. Nonprofit: Factors Driving Behavioral Health Provider Growth Strategies

The distribution of for-profit and nonprofit behavioral health organizations varies widely across the U.S. Some states have high percentages of for-profit providers, such as North Carolina, with 51%. In contrast, others, like North Dakota, rely almost exclusively on nonprofit and government-operated organizations. Regulatory, economic and demographic factors may explain differences in for-profit and nonprofit provider concentrations. These conditions require careful analysis when providers seek to expand to a market in a new state, industry insiders told Behavioral Health Business.

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Source: https://bhbusiness.com/2024/04/03/for-profit-vs-nonprofit-factors-driving-behavioral-health-provider-growth-strategies/

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