PubMed · 8716569
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K R Jones. 1996. Inventory management.. https://pubmed.ncbi.nlm.nih.gov/8716569/
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Psychiatric hospitals are closing in droves. Last year alone, at least 75 were shuttered, up sharply from the previous year. And psych hospitals collectively lost $254 million in 1998. To reverse the sector's fortunes, providers are focusing on consolidation and specialty services. "Mental health isn't glamorous," says David Moulthrop (left), CEO of a Wisconsin psych hospital. "But there is a future, though the pie has shrunk."
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