this post was submitted on 09 Jul 2024
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Troubled for-profit chains are stealthily operating dozens of psychiatric hospitals under nonprofits’ names (www.statnews.com)
submitted 4 months ago by StevenSaus@midwest.social to c/health@midwest.social
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cross-posted from: https://midwest.social/post/14305293

Large nonprofit health systems like Geisinger, Ascension, and Henry Ford are forming joint ventures with investor-owned psychiatric hospital operators such as Acadia and Universal Health Services. While these hospitals often carry the names of the nonprofits, for-profit companies with questionable track records manage day-to-day operations.

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