Behavioral Health Business October 30, 2023
Demand for behavioral health services has skyrocketed in recent years, driving the need for providers and health systems to expand their geographic footprints. In the process, some are finding great success with joint venture partnerships.
JV deals have become a key method to meet the rising need for behavioral health services, and hospital systems are now actively pursuing JV deals as a method of growth. The extensive process of building a JV requires patience and persistence, industry insiders said at the Behavioral Health Business 2024 INVEST conference.
Health care companies like Acadia Healthcare (Nasdaq: ACHC) and US Health Vest have made JVs a crucial part of their portfolios.
Acadia alone has fostered 20 JV partnerships to expand its...
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