Behavioral Health

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.

Read more at https://www.bisnow.com/national/news/healthcare/behavioral-health-87593

Solutions

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.

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Integrated care – In order to develop a system of care we leveraged state, federal, philanthropic funding, and emerging technology to develop a robust system of care which reduced cost, improved patient and provider satisfaction, and developed a sustainable infrastructure for a integrated health system.
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Transformation – working with stakeholders of a health system, community partners and state authorities, we stabilized a acute care psych unit on the verge of closing and transformed it from a money losing proposition to a sustainable model of care which increased occupancy rates, improved emergency room flow, and met a identified community need.
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Behavioral health expansion – we developed a innovative partnership where federal funding, private partners and a health system established a sustainable model of supportive behavioral health which increased access, reduced the system heath spend on frequent utilizers of the emergency room and addressed a great community need.