Why Hospitals Turn to Joint Ventures for Behavioral Care

To keep pace with demand for behavioral healthcare, health systems are choosing joint ventures with for-profit behavioral healthcare companies. Franklin, Tenn.-based Acadia Healthcare operates 21 joint venture partnerships with 22 hospitals, according to its second quarter earnings report. Jeffrey Woods, DNP, operations director at Acadia, told Becker’s many hospitals have a long track record of providing behavioral health in their community, but behavioral services are not their core competency.

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Source: https://www.beckersbehavioralhealth.com/behavioral-health-news/why-hospitals-turn-to-joint-ventures-for-behavioral-care.html

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