Private Equity Owns 25% of Mental Health Facilities in Some States

The number of mental health and substance use facilities that are owned by private equity firms has steadily increased in the US over the past 10 years, according to findings from about 26 500 facilities nationwide between 2012 and 2023. About 6% of all mental health facilities were private equity owned in 2023, as were about 7% of substance use disorder facilities.