Troubled for-profit chains are stealthily operating dozens of psychiatric hospitals under nonprofits’ names

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.