Chicago Behavioral Hospital, a for-profit psychiatric hospital, that is run by US HealthVest, a behavioral healthcare firm, plans to extend to Northbrook in summer 2017.
USVest explained to the Illinois health planning agency that there is greater need for inpatient mental health services in the north and northwest suburbs than where it is presently located, in Des Plaines. It proposes to renovate a three-story office building on Lake Cook Road, near the intersection of Interstates 94 and 294, into a 100-bed facility at a cost of $31.3 million.
The company bought the the 125-bed Maryville hospital for $22.6 million in November 2014 and instantly ran into problems. Demand was so high and renovation ongoing that the hospital had to turn away 672 people last year since it only had 78 beds available. The number of beds has slightly increased but popular demand, their application reported, exceeds space.
Anthony DeJoseph, the CEO of the Des Plaines hospital, projects referring 48 to 50 patients a month to the proposed Northbrook facility. US HealthVest expects to add patients from other regional hospitals to the number.
For those scouting employment, the hospital says it would hire about 105 people in the first year. The company also has two psychiatric hospitals under construction in Washington and Georgia.
Reviews on the hospital are poor. Google reviews, for instance, gives it a 2 out of five star-rating with most patients talking about insurance fraud and criticizing the hospital for negligence and abuse. Reports assert that profit comes above care.
HealthVest was started in 2013 by Dr. Richard Kresch, who previously ran Ascend Health, one of the largest owners of private psychiatric hospitals, which was sold in 2012.