Henry Ford Health System is the latest not-for-profit health system to partner with investor-owned Acadia Healthcare, this time to open a behavioral health hospital in suburban Detroit.
Detroit-based Henry Ford said the 192-bed hospital, slated to open in late 2022, would fill a critical need for modernized inpatient behavioral health services there. The health system would own a roughly 20% minority stake in the joint venture with Acadia, which will pay for the hospital’s estimated $50 million construction, equipment and annual operating costs.
Henry Ford chose Franklin, Tenn.-based Acadia for its treatment philosophy and access to capital, said Robert Riney, Henry Ford’s president of healthcare operations and chief operating officer.
“I feel it’s actually a very good example of meeting community need in a way that’s responsible,” he said.
Investor-owned Acadia currently has seven similar joint ventures and two more in the works, including a planned facility in the San