News

US HealthVest Launches Recruitment Marketing Campaign Targeting Top Psychiatrist Talent

December 07, 2017

Expansion at US HealthVest psychiatric hospitals creates huge opportunity and demand for experienced Psychiatrists. Company partners with Katon Direct to engage top talent.

US HealthVest, a leading behavioral healthcare company, has experienced significant growth as the company continues to redefine the psychiatric hospital space. As a result of this expansion, the need to add qualified psychiatrists to service the growing patient population of adolescents, adults and seniors has increased.

To accelerate the recruitment process of qualified psychiatrists at its fastest growing locations – Smokey Point Behavioral Hospital (Marysville, WA), Ridgeview Institute (Smyrna, GA and Monroe, GA), Chicago Behavioral Hospital (Des Plaines, IL) – US HealthVest has partnered with Katon Direct, the leader in healthcare recruitment marketing solutions.

“Providing exceptional, individualized patient care is at the core of US HealthVest’s mission” said Dr. Richard Kresch, President and Chief Executive Officer. “To deliver on that principle, we invest in topflight healthcare talent who share our passion for innovative behavioral healthcare, individualized treatment and commitment to serving all patients, regardless of ability to pay. We’re excited to partner with Katon Direct to achieve our hiring goals, and we look forward to connecting with exceptional psychiatrists.”

Richard Kaskel, CEO of Katon Direct, added “We are very excited to be partnering with US HealthVest and help the organization engage experienced psychiatrists thru personalized recruitment marketing.   We are very impressed with their business model, exceptional career offering, and commitment to invest in the talent that provides care to their patients.”

About US HealthVest

US HealthVest is a leading provider of behavioral healthcare services. US HealthVest operates Chicago Behavioral Hospital, Smokey Point Behavioral Hospital, Ridgeview Institute and Ridgeview Institute – Monroe and is developing additional psychiatric hospitals across the country. Accredited by The Joint Commission, US HealthVest’s hospitals provide specialized psychiatric care to patients with a full range of inpatient and outpatient services for adolescents, adults and senior adults. US HealthVest was founded in 2013 by Dr. Richard Kresch, formerly Founder & CEO of Ascend Health Corporation and Heartland Health Developments. For more information, please visit www.ushealthvest.com.

For more information on career opportunities at US HealthVest:

Martina Sze
Executive Vice President
US HealthVest

212-243-5565
msze@ushealthvest.com            

 

About Katon Direct

With an industry-leading database of over 8 million healthcare professionals and highly targeted recruitment marketing campaigns, Katon Direct helps hundreds of healthcare employers connect with their ideal candidate pool, grow their talent community and elevate their employer brand.

Media Contact:
Jason Golden
Director of Marketing
JGolden@katondirect.com

Lacey mental health hospital approved

November 29, 2017

A new mental health hospital in Lacey has been given the go-ahead by the Washington state Department of Health.

US HealthVest has been awarded the “certificate of need” for a 75-bed behavioral health center to be placed in an old office building in Lacey’s Woodland District.

Chief Executive Officer Richard A. Kresch, M.D, says the facility will be an in- and out-patient treatment center with an average stay of around seven to eight days.

Kresch says the hospital will specialize in treatment for Detox, psychiatric needs, and behavioral services. He believes the center will be open in late 2018.

“I think everyone knows that mental health is an issue that needs to be addressed,” said Andy Ryder, Mayor of Lacey. Ryder says the community is in desperate need of a mental health hospital. “We see the need in our homeless population and a lot of communities are asking what can we do.”

Providence Health and Services has fought against the new hospital by appealing the Department of Health’s decision. Providence says it has concerns that the new facility won’t meet the needs of underserved patients in the community.

US HealthVest also owns and operates the Smokey Point Behavioral Hospital in Marysville.

Adolescent Program Opens at Smokey Point

November 20, 2017

The adolescent program at Smokey Point Behavioral Hospital is now open and accepting referrals for ages 12-17. The program is designed for youth who are experiencing thoughts of suicide or feelings of hopelessness, self-injuring, abusing drugs or alcohol or feeling depressed due to life stress.

The inpatient adolescent program at Smokey Point will provide a safe place for teens to begin treatment, including medication management with a Board Certified Child and Adolescent Psychiatrist. Key features of the program include a brand new, state of the art hospital unit, group therapy sessions, recreational therapy and family sessions with discharge and safety planning.

To refer a patient or schedule a free, confidential assessment for your teen call Smokey Point 24/7 at (844) 202-5555.

             

             

Certificate of Need Affirmed for South Sound Behavioral Hospital

November 09, 2017

Department of Health Review Officer Issues Final Order

The Washington State Department of Health’s Review Officer issued a final order that affirmed South Sound Behavioral Hospital’s Certificate of Need for 75 psychiatric beds in all respects. Providence St. Peter Hospital, a competing provider, appealed the Certificate of Need. However, the Review Officer affirmed the Certificate of Need over Providence’s objections.

“We are pleased with the Review Officer’s ruling,” said Richard Kresch, M.D., President and CEO of US HealthVest. “We were granted the Certificate of Need in July 2016; however, implementation has been delayed by 17 months due to Providence’s opposition. We look forward to finally opening this new psychiatric hospital that will address the critical shortage of psychiatric services in the area.”

Located in the Woodland Square District in Lacey, Washington, the hospital will provide behavioral health and addiction treatment services to children, adolescents, adults and senior adults. Comprehensive services will include free 24/7 assessments, inpatient and intensive outpatient care. The hospital has gained widespread public support. Thurston County and surrounding areas are experiencing a severe shortage of behavioral services, forcing many patients to leave the area for treatment.

US HealthVest will invest over $23 million to develop South Sound Behavioral Hospital. US HealthVest will transform a currently vacant building into a state-of-the-art hospital with open spaces with daylight and direct views of nature, enabling for a safe and nurturing environment. The hospital will bring over 200 jobs to the area and will revitalize the Woodland Square District.

Providence St. Peter Hospital and its partner, Universal Health Services (NYSE: UHS), have submitted a Certificate of Need to develop a competing psychiatric hospital. However, their Certificate of Need has been rejected by the Washington State Department of Health. Providence has until November 30, 2017 to decide if it will continue the appeal of US HealthVest’s Certificate of Need.

 

About US HealthVest

US HealthVest is a leading provider of behavioral healthcare services. US HealthVest operates Smokey Point Behavioral Hospital, Chicago Behavioral Hospital, Ridgeview Institute and Ridgeview Institute – Monroe and is developing additional psychiatric hospitals across the country. Accredited by The Joint Commission, US HealthVest’s hospitals provide specialized psychiatric care to patients with a full range of inpatient and outpatient services for children, adolescents, adults and senior adults. US HealthVest was founded in 2013 by Dr. Richard Kresch, formerly Founder & CEO of Ascend Health Corporation and Heartland Health Developments. For more information, please visit www.ushealthvest.com.

Contact:
Richard Kresch, M.D.
President and CEO
US HealthVest
212-243-5565

Groundbreaking Ceremony Held for Silver Oaks Behavioral Hospital

October 31, 2017

New Lenox, IL (October 30, 2017) – Silver Cross Hospital and US HealthVest held an official groundbreaking ceremony for the new Silver Oaks Behavioral Hospital on Wednesday, October 25. The 100-bed, free-standing psychiatric hospital will expand inpatient and outpatient services for mental health and substance abuse issues in Will and Grundy counties.

“Silver Cross is dedicated to meeting the mental health and substance abuse needs in this community,” said Ruth Colby, President and CEO of Silver Cross Hospital. “The leaders of this village and county care deeply about the quality of life for the people who reside here. With our partner, US HealthVest, this behavioral health hospital will provide expert mental health and substance abuse services for everyone who needs it.”

US HealthVest has a proven track record of working with existing medical providers to expand psychiatric and substance abuse services and access to care. US HealthVest operates Chicago Behavioral Hospital, a 138-bed psychiatric hospital in Des Plaines, IL. US HealthVest also operates two psychiatric hospitals in Atlanta, a psychiatric hospital near Seattle and is in the process of developing several more psychiatric hospitals across the country.

“We have a common interest in that we accept all patients without regard to insurance or lack of insurance,” said Dr. Richard Kresch, psychiatrist and President and CEO of US HealthVest. “So no patient in need of care, who meets admission criteria, will ever be turned away from this hospital.”

Will County Executive Larry Walsh said, “This is a life-saving facility for Will County. It’s going to be able to provide the needs for a number of our residents.”

“There are so many people that are faced with mental health or dependency issues, and it’s a lot easier to bury your head in the sand, but it happens in this community. This facility is what we need to help combat those issues,” said New Lenox Mayor Tim Baldermann.

The 2-story, 68,000 sq. foot hospital is expected to be completed by early 2019. The secured facility will be located on approximately 5 acres of land on the west side of Silver Cross Hospital’s campus at I-355 and Route 6. Updates will be available at www.silvercross.org.

Dire Need for Mental Health Services

One in four Americans across the country suffer from a mental health condition. According to the 2016 Will County Community Needs assessment, mental health has been identified as the top unmet need year after year.  Area emergency rooms and jails are filled with people waiting for placement. In fact, 70% of healthcare providers surveyed said they refer people with mental illnesses to local emergency departments because of access issues. With the closing of the Tinley Park Mental Health Center in 2012, there has been a shortage of beds forcing more than 60% of mental health and chemically dependent patients to leave the area for care.  Because of these gaps in service, many have gone without treatment leading to the increase in addictions to opiates, heroin and alcohol in our community. Yet, despite massive community outreach efforts, heroin claimed the lives of 70 victims in Will County last year alone.

About Silver Cross Hospital

Silver Cross Hospital is an independent, not-for-profit health care provider serving Will County and southwest suburban communities since 1895. Silver Cross has been recognized as a Truven Health Analytics 100 Top Hospitals National Award winner for seven consecutive years, a Hospital of Choice by the American Alliance of Healthcare Providers and was honored with an “A” Hospital Safety GradeSM by The Leapfrog Group. With over 4,200 employees, physicians and volunteers, Silver Cross operates a 302-bed acute care hospital and 5 satellite facilities providing outpatient services and physician offices. Silver Cross opened a state-of-the-art replacement hospital in 2012 at I-355 and Route 6 in New Lenox. In 2016, Silver Cross provided over $37 million in charity care and other community benefits. To learn more about Silver Cross Hospital or a referral to a physician on staff, visit www.silvercross.org.

About US HealthVest

US HealthVest is a leading provider of behavioral healthcare services.  US HealthVest operates Chicago Behavioral Hospital, Ridgeview Institute, Ridgeview Institute Monroe and Smokey Point Behavioral Hospital.  Accredited by The Joint Commission, US HealthVest’s hospitals provide specialized psychiatric care to patients with a full range of inpatient and outpatient services for adolescents, adults and senior adults.  US HealthVest was founded in 2013 by Dr. Richard Kresch, formerly Founder & CEO of Ascend Health Corporation and Heartland Health Developments.  For more information, please visit www.ushealthvest.com.

US HealthVest Hospitals Support Suicide Prevention & Awareness Month

September 18, 2017

September is Suicide Prevention and Awareness month, US HealthVest hospitals are participating in local events to increase awareness and help prevent suicide. US HealthVest hospitals provide access to crisis services to help prevent suicide by offering free mental health assessments 24 hours a day, 7 days a week in the hospital and communities they serve in Washington State, Georgia and Illinois.

Smokey Point Behavioral Hospital’s outreach team has partnered with the local Army Reserve base to participate in suicide prevention training. The Snohomish and Skagit County school districts will be holding an event where Smokey Point Behavioral Hospital will provide resources for students who may be dealing with mental health issues such as depression, eating disorders and / or bullying. This hospital has recently opened and is now providing access to free mental health assessments in the North Sound of Washington State, an under-served area with limited mental health and addiction resources.

Ridgeview Institute in Smyrna, GA is working with Cobb County school social workers to promote suicide awareness as part of the on-going crisis prevention intervention program the hospital has in place with the Cobb County schools. Since Ridgeview recently renovated their adolescent unit and expanded services, the outreach team is working with local high schools to promote suicide and crisis prevention. Ridgeview doesn’t stop there, they are also sponsoring and participating at a college and university annual suicide prevention conference this month. At the Monroe location of Ridgeview Institute the hospital is partnering with schools in Walton County to offer free suicide assessments 24/7.

Chicago Behavioral Hospital is partnering with Elyssa’s Mission, a local non-profit organization committed to ending suicide, to provide suicide assessments in the local schools in the month of September. CBH is also proud to partner with McHenry County at the National Suicide Prevention seminar. In Elgin, IL we are participating in Suicide Prevention Day.

US HealthVest supports National Suicide Prevention and Awareness month and we are proud to offer services to the communities we serve to #StopSuicide.

Richard Kresch Participates in Capital Roundtable Conference on Behavioral Health

September 14, 2017

Richard Kresch, M.D., Founder, President and CEO of US HealthVest participated on a panel discussion at the Capital Roundtable Conference on Private Equity Investing in Behavioral Healthcare.  The panel discussion was titled, “Regulatory, Compliance and Reimbursement Issues that Can Keep Investors Awake at Night”.   The full day conference, held at the University Club in New York City, addressed the growing demand for investment in behavioral health and addiction treatment.

The Capital Roundtable is America’s leading conference company for the middle-market private equity community, focusing on the “need-to-know” information needs of general and limited partners, and their colleagues and portfolio company managers.

US HealthVest Announces Definitive Agreement to Acquire Vista Medical Center West

September 13, 2017

Acquisition and Expansion of Behavioral Health Services in North Chicago

Waukegan, IL, September 12, 2017 – US HealthVest has signed a definitive agreement to acquire Vista Medical Center West from Quorum Health Corporation (NYSE: QHC). Located in Waukegan, Illinois, Vista Medical Center West, previously Provena Saint Therese Medical Center, has provided behavioral health services to the community for over 50 years.

US HealthVest is making a significant investment in the campus and expanding behavioral health services to address the critical shortage in the area. Many patients are forced to leave Lake County for psychiatric care.

The acquisition is expected to close in early 2018.

Washington Governor Jay Inslee, Keynote Speaker at Grand Opening of the 115-bed Smokey Point Behavioral Hospital

July 11, 2017

Smokey Point Behavioral Hospital, Washington State’s newest psychiatric hospital will be hosting its Grand Opening on Thursday, July 13, 2017 from 11:00 AM to 1:00 PM in Marysville, WA. Washington State Governor Jay Inslee is the keynote speaker, along with guest speakers, Marie Zackuse, Tulalip Tribes Chairwoman,  Dr. Richard Kresch, President and Chief Executive Officer, US HealthVest, Alfie Alvarado-Ramos, Director, Washington State Department of Veterans Affairs, and Jon Nehring, Mayor of the City of Marysville. The Grand Opening will be held at the hospital located at 3955 156th Street NE off the major interstate highway, I-5 at Exit 206, in Marysville.

Smokey Point Behavioral Hospital provides acute behavioral health and addiction treatment services to youth, adults and senior adults. Comprehensive services include free 24/7 assessments, inpatient and intensive outpatient care. A full range of specialized programs such as a Women’s Program, a Co-Occurring Disorders Program and a Psychiatric Intensive Care Program will be offered along with integrated healing practices for Native Americans. Smokey Point Behavioral Hospital is committed to serving all patients, regardless of ability to pay or payer source.

Smokey Point Behavioral Hospital is a 70,000-square foot newly constructed, state-of-the-art hospital. The two-story hospital has open spaces with daylight and direct views of nature creating a safe and nurturing environment. Shared amenities include activity rooms, therapy spaces and a dining area, along with indoor and outdoor recreational activity spaces.

For more information about the Smokey Point Behavioral Hospital call (844) 202-5555 or visit www.smokeypointbehavioralhospital.com.

Like us on Facebook at https://www.facebook.com/smokeypointbehavioralhospital/

Contact:
Larisa Klein
Vice President
US HealthVest
646-935-9472
lklein@ushealthvest.com

State Approves Plan to Build Behavioral Health Hospital in New Lenox

June 23, 2017

New Lenox, IL (June 21, 2017)—Yesterday, the Illinois Health Facilities and Services Review Board approved Silver Cross Hospital and US HealthVest’s certificate of need application to build a 100-bed psychiatric hospital in New Lenox. The $24 million Silver Oaks Hospital will address the mental health and substance abuse crisis in Will and Grundy counties by expanding inpatient and outpatient services.

“While Silver Cross Hospital has had a 20 bed adult inpatient mental health unit for many years, we recognize that it is too small and because of that we cannot provide specialized services by patient condition,” said Paul Pawlak, President/CEO of Silver Cross Hospital. “By partnering with US HealthVest to build and operate this new hospital, we will be able to offer a full spectrum of inpatient and outpatient mental health and substance abuse services for youth, adults, and seniors so they can stay close to home for expert care.

US HealthVest has a proven track record of working with existing medical providers to expand psychiatric and substance abuse services and access to care. US HealthVest operates Chicago Behavioral Hospital, a 138-bed psychiatric hospital in Des Plaines, IL. US HealthVest also operates two psychiatric hospitals in Atlanta and a psychiatric hospital near Seattle.

“The outpouring of community support for this project has been overwhelming,” said Dr. Richard Kresch, psychiatrist and President and CEO of US HealthVest. “We are delighted to work with Silver Cross to expand access to care for patients regardless of their insurance or ability to pay. Both Silver Cross Hospital and US HealthVest are dedicated to ensuring that patients receive care at the right place, at the right time, every time.”

Dire Need for Mental Health Services

One in four Americans across the country suffer from a mental health condition. According to the 2016 Will County Community Needs assessment, mental health has been identified as the top unmet need year after year. Area emergency rooms and jails are filled with people waiting for placement. In fact, 70% of healthcare providers surveyed said they refer people with mental illnesses to local emergency departments because of access issues. With the closing of the Tinley Park Mental Health Center in 2012, there has been a shortage of beds forcing more than 60% of mental health and chemically dependent patients to leave the area for care. Because of these gaps in service, many have gone without treatment leading to the increase in addictions to opiates, heroin and alcohol in our community. Yet, despite massive community outreach efforts, heroin claimed the lives of 70 victims in Will County last year alone.

Furthermore, the latest Will County Community Health Status Assessment reports that in 2016 there were 58 suicides with the majority attributed to gunshot wounds, hangings and drug overdoses. Substance abuse among 12th graders has increased since 2012. And, alcohol is the primary substance abused with marijuana coming in second.

“Not only will Silver Oaks Hospital expand mental health and substance abuse services in our community, but will also greatly improve the quality of life for our patients,” Pawlak said.

Construction of the 2-story, 68,000 sq. ft. hospital will begin in fall 2017 and is scheduled for completion in December 2018. The secured facility will be located on approximately 5 acres of land on the west side of Silver Cross Hospital’s campus at I-355 and Route 6. Updates will be available at www.silvercross.org.

About Silver Cross Hospital                   

Silver Cross Hospital is an independent, not-for-profit health care provider serving Will County and southwest suburban communities since 1895. Silver Cross has been recognized as a Truven Health Analytics 100 Top Hospitals National Award winner for seven consecutive years, a Hospital of Choice by the American Alliance of Healthcare Providers and was honored with an “A” Hospital Safety Grade SM by The Leapfrog Group. With over 4,000 employees, physicians and volunteers, Silver Cross operates a 296-bed acute care hospital and 5 satellite facilities providing outpatient services and physician offices. Silver Cross opened a state-of-the-art replacement hospital in 2012 at I-355 and Route 6 in New Lenox. In 2016, Silver Cross provided over $36 million in charity care and other community benefits. To learn more about Silver Cross Hospital or a referral to a physician on staff, visit www.silvercross.org. Physicians on Silver Cross Hospital’s Medical Staff have expertise in their areas of practice to meet the needs of patients seeking their care.  These physicians are independent practitioners on the Medical Staff and are not the agents or employees of Silver Cross Hospital. They treat patients based upon their independent medical judgment and they bill patients separately for their services.

 

About US HealthVest

US HealthVest is a leading provider of behavioral healthcare services.  US HealthVest operates Chicago Behavioral Hospital, Ridgeview Institute, Ridgeview Institute Monroe and Smokey Point Behavioral Hospital.  Accredited by The Joint Commission, US HealthVest’s hospitals provide specialized psychiatric care to patients with a full range of inpatient and outpatient services for adolescents, adults and senior adults. US HealthVest was founded in 2013 by Dr. Richard Kresch, formerly Founder & CEO of Ascend Health Corporation and Heartland Health Developments. For more information, please visit www.ushealthvest.com.