Behavioral health remains a conundrum for health systems, providers, and patients. Initium has worked in multiple states in behavioral health and has developed a playbook of strategies on behavioral health, inclusive of outpatient, inpatient, and community-based services. This experience ranges from managing large acute care based psychiatric units to developing system strategies for integrating physical, behavioral, and dental health.
Across the country, innovative partnerships and joint ventures are emerging to expand behavioral health services, from private philanthropy to large foundations and for-profits. For instance, REITs are buying more behavioral health hospitals while health systems are entering joint ventures to create new behavioral health hospitals. At the same time, large foundations are offering low interest and forgivable loans to support expanding behavioral health services.
Behavioral health(BH) care warrants a interdisciplinary approach that takes into account the unique needs of behavioral health patients and accounts for the fact that BH patients total cost of care increases when their BH needs are untreated. Integrating behavioral health, physical health and dental health is a care model with proven success which supports providers and patients and requires a system of care and partnering with state authorities, community groups, and increasingly willing for profit partners.