Addiction treatment provider Retreat Behavioral Health has shuttered after an intensely chaotic and tragic week sealed the company’s fate. Employees, internal emails and public documents paint a grim picture of a company in distress, leading to late and yet-to-be-paid paychecks for staff and the near-overnight closure of several facilities. This came following the deaths of two C-suite executives at the company — CEO and founder Peter Schorr and Chief Administrative Officer Scott Korogodsky. Retreat Behavioral Health was a multi-state addiction treatment provider that operated residential and outpatient offices. It was founded in 2011.
Read the full article: Retreat Behavioral Health Closes Following Prolonged Financial Struggles, Death of 2 Executives //
Source: https://bhbusiness.com/2024/06/28/retreat-behavioral-health-closes-following-prolonged-financial-struggles-death-of-2-executives