Psychiatric hospitals are healthcare facilities that specialize in the care and treatment of patients affected and diagnosed with acute and chronic mental illnesses. Many individuals who seek care at inpatient psychiatric hospitals do so in emergency cases, as the care is expensive and interruptive of daily life. Psychiatric hospitals provide a safe and supportive environment for individuals …
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InTandem Capital Partners, LLC (“InTandem Capital” or the “Firm”), a healthcare services focused private equity firm, announced today that it has completed a strategic equity investment in OrthoNebraska (the “Company”), a leading provider of musculoskeletal care and Nebraska’s first hospital dedicated to the care of the orthopedic patient. Formed in 2017 through the combination of …
InTandem Capital Partners Announces Strategic Investment in OrthoNebraska Read More »
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The U.S. Centers for Medicare & Medicaid Services (CMS) announced that it will raise the total estimated Medicare spending for inpatient psychiatric facilities by 2.3% next year. This means that total payments to inpatient psychiatric facilities (IPF) are projected to increase by $70 million in fiscal year 2024. CMS will also update Medicare’s payment rate …
CMS to Increase 2024 Medicare Payments to Inpatient Psychiatric Facilities by 2.3% Read More »
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Specialty health systems are expanding geographically, seeking to extend their brands and referral base while broadening their recruitment reach. Read the full article: Specialty Health Systems Pursue Mergers, Partnerships // Source: https://www.modernhealthcare.com/mergers-acquisitions/city-of-hope-uva-health-specialty-systems-merger
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Psychiatric hospitals are buckling under decades of financial pressure that increased following the onset of the pandemic. Discriminatory regulations, challenging payer relations and inflation have placed several psychiatric hospitals in untenable positions. A spate of facility closures in 2023 demonstrates that the pressure is proving too much. Industry insiders say that systemic changes can’t come …
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