Month: April 2024

For-Profit Companies Open Psychiatric Hospitals in Areas Clamoring for Care

GRINNELL, Iowa — A for-profit company has proposed turning a boarded-up former nursing home here into a psychiatric hospital, joining a national trend toward having such hospitals owned by investors instead of by state governments or nonprofit health systems. The companies see a business opportunity in the shortage of inpatient beds for people with severe […]

Published on April 1, 2024