Private equity firm Enhanced Healthcare Partners (EHP) has invested in NeuroPsychiatric Hospitals (NPH), which caters to patients with acute psychiatric disorders and complex medical and neurological disorders.
Established in 2006, NPH leverages an integrated care model supported by a healthcare practitioners team for varied requirements of each patient.
The hospital employs clinical staff with expertise across various disciplines such as psychiatric, behavioral, neurological and medical disorders.
NPH will use EHP funding to support its expansion efforts and strategic objectives. Currently, the hospital has four locations in Indiana, with plans to open more hospitals in Arizona and Texas in the coming months.
NeuroPsychiatric Hospitals founder and CEO Cameron Gilbert said: “EHP has deep experience scaling healthcare organisations that have demonstrated the ability to care for highly acute patient populations, which aligns with our core mission.
“We see the ability to continue to improve patient care and reduce hospital readmissions, while geographically expanding our company’s reach.”
EHP will work with Gilbert on the hospital’s platform intended to cater to the requirements of psychiatric and medical patient population, which is considered to be underserved. The partners intend to expand across the US.
Enhanced Healthcare principal Brandon Einstein said: “NPH’s ability to comprehensively address the needs of patients with complex behavioral and medical needs is compelling, especially since these patients often do not have other options for care.
“By using a patient-centered model, the company delivers best-in-class outcomes for their patients, which aligns well with our experience and furthers our excitement about this partnership.”
The companies did not disclose the terms of the investment.