KFF Health News (4/1, Leys ) reports that privately-run psychiatric hospitals are part of “a national trend toward having such hospitals owned by investors instead of by state governments or nonprofit health systems.” In Iowa, “two out-of-state companies have developed psychiatric hospitals” since 2020, “and now a third company has obtained a state ‘certificate of need’ to open a 60-bed facility in Grinnell.” Before 2020, there were “no privately owned, free-standing psychiatric hospitals” in Iowa. Universal Health Services “says it has mental health facilities in 39 states” including Iowa.
Related Links:
— “For-Profit Companies Open Psychiatric Hospitals in Areas Clamoring for Care,”Tony Leys, KFF Health News, April 1, 2024