- published: 13 Jul 2007
- views: 2272
Psychiatric Solutions, Inc. is a subsidiary of Universal Health Services which operates psychiatric hospitals in 32 states of United States.
Joey Jacobs and Bryce DeHaven, former executives of Hospital Corporation of America for over 20 years, founded Psychiatric Solutions, Inc. in 1997. On May 17, 2010 Psychiatric Solutions was purchased by Universal Health.
A detailed series of articles published by The Los Angeles Times in conjunction with ProPublica exposed many cases of abuse and negligence at PSI facilities nationwide. ProPublica's news reports obtained many documents revealing abuse at PSI facilities. PSI hospitals have about one-third fewer staffers per bed than comparable facilities.
In March 2010, The Wall Street Journal reported that Psychiatric Solutions was being investigated for breach of fiduciary duty, lying to investors about safety issues at its facilities, and other violations of state laws.
In May 2010, it was reported that the United States Department of Justice is investigating PSI for shareholder fraud, and class action lawsuits have been filed against it on behalf of shareholders.
Wallstrip - Psychiatric Solutions, Inc. (PSYS)
Stockholders Approve Psychiatric Solutions Merger with Universal Health Services
News Update: Psychiatric Solutions (NASDAQ: PSYS) Slips on Weak 2010 Guidance
Analyst Insight: Citigroup Downgraded Psychiatric Solutions To Hold
People Share Their Self-Care Routines
Addressing Increased Demand for Mental Health Services Through Mobile Technologies2
Michael Koehn - 5 Pillars: Mental Health
Michael Koehn - If Mental Health Played A Small Part, We Could Ignore It
Addressing Increased Demand for Mental Health Services Through Mobile Technologies
N-B Video: Speaker — Wells has shortage of mental health care providers
Eight days of the week cant believe my eyes.
Insurrection in the streets so we stay inside.
Go, its coming.
Eight days of the week were dead on our feet,
take me aside just shoot me.
No black and white, black and white,
wish we could drive right through you.
Tired of wishing things were different I can sympathise.
Lately things dont seem so easy theres no black and white.
Go, its coming.
Eight days of the week were dead on our feet,
take me aside just shoot me.
No black and white, black and white,
wish we could drive right through you