SoutheastHEALTH and Universal Health Services on Thursday announced they are entering into a partnership in which UHS will serve as majority owner and oversee day-to-day operations at a new behavioral health hospital to be constructed in southeast Missouri.
The freestanding, 68,000 square foot facility will have a 102-bed capacity. The hospital, projected to cost $33 million, is expected to open in fall 2020. It will employ more than 180 clinicians, mental health technicians and support staff.
Other features of the new facility:
- Full continuum of inpatient services
- Geriatric unit
- Two adult care units
- Child and adolescent unit
- Outpatient programs to address mental health concerns
The announcement of the new facility comes one day after UHS announced fourth-quarter adjusted earnings of $2.37 per share, beating estimates by 0.9%.