Trending...
- City of Tacoma Offers In-Person Workshop for Local Businesses on the Revolving Loan Fund Process
- Investigation Into North Spokane Shooting That Left Two Dead Continues
- Roshni Online Services Unveils Plans for Innovative Digital Consultation Platform
Pandemic Exacerbates Scarcity of Substance Abuse Inpatient Treatment Facilities Nationwide
KANSAS CITY, Mo. - Washingtoner -- COVID-19 is fueling an explosion in drug overdose deaths nationally. Drug overdose deaths soared nationally to the highest number ever recorded.
It's been "like pouring gasoline on a fire," says Lane Slaten founder and CEO of CWMN LLC, national developer of behavioral health inpatient facilities.
The CDC says the latest numbers suggest an acceleration of overdose deaths during the pandemic. Nationwide, they rose 26% in the 12 months ending in May. Covid circumstances have more people seeking addiction and mental health help, but treatment centers are in short supply, which is exacerbating opioid overdose deaths. "The problem is there is an enormous shortage of substance abuse inpatient treatment facilities nationwide," said Slaten.
In this covid climate, there has been a flood of private equity (PE) investment paying close attention, and private-equity firms are starting to pile into the new business opportunity of addiction treatment facilities, drawn by soaring demand, expanded insurance coverage, and the chance to consolidate a highly fragmented market. The firms are acquiring or expanding clinics that provide everything from detox and residential care to outpatient and methadone treatment. In some cases, private-equity firms have approached not-for-profit outfits in an attempt to buy and convert them to for-profit entities, say treatment-center executives.
More on Washingtoner
Mr. Slaten is positioning himself to become the "driving force" in growing turnkey-ready inpatient facilities from coast-to-coast. "I'm committed to developing up to three large residential care facilities a year to help dampen the coming inferno post covid," Slaten explained. Currently he is finalizing the development of his second inpatient facility in the Kansas City Metropolitan Area. It's a 86,000 SF turnkey-ready 120 bed capacity residential care facility that was recently listed on LoopNet.com for $7,900,000. More property information can be found at www.InpatientFacility.com or take a quick video tour.
For More Info Contact:
Lane Slaten
CWMN, LLC
Founder & CEO
913-444-9911
Lane's LinkedIn: @lane-slaten
It's been "like pouring gasoline on a fire," says Lane Slaten founder and CEO of CWMN LLC, national developer of behavioral health inpatient facilities.
The CDC says the latest numbers suggest an acceleration of overdose deaths during the pandemic. Nationwide, they rose 26% in the 12 months ending in May. Covid circumstances have more people seeking addiction and mental health help, but treatment centers are in short supply, which is exacerbating opioid overdose deaths. "The problem is there is an enormous shortage of substance abuse inpatient treatment facilities nationwide," said Slaten.
In this covid climate, there has been a flood of private equity (PE) investment paying close attention, and private-equity firms are starting to pile into the new business opportunity of addiction treatment facilities, drawn by soaring demand, expanded insurance coverage, and the chance to consolidate a highly fragmented market. The firms are acquiring or expanding clinics that provide everything from detox and residential care to outpatient and methadone treatment. In some cases, private-equity firms have approached not-for-profit outfits in an attempt to buy and convert them to for-profit entities, say treatment-center executives.
More on Washingtoner
- Shelter Structures America Announces Distribution Partnership with The DuraTrac Group
- The OpenSSL Corporation Releases Its Annual Report 2025
- Iranian-Born Engineer Mohsen Bahmani Introduces Propeller-Less Propulsion for Urban Air Mobility
- Aleen Inc. (C S E: ALEN.U) Advances Digital Wellness Vision with Streamlined Platform Navigation and Long-Term Growth Strategy
- RimbaMindaAI Officially Launches Version 3.0 Following Strategic Breakthrough in Malaysian Market Analysis
Mr. Slaten is positioning himself to become the "driving force" in growing turnkey-ready inpatient facilities from coast-to-coast. "I'm committed to developing up to three large residential care facilities a year to help dampen the coming inferno post covid," Slaten explained. Currently he is finalizing the development of his second inpatient facility in the Kansas City Metropolitan Area. It's a 86,000 SF turnkey-ready 120 bed capacity residential care facility that was recently listed on LoopNet.com for $7,900,000. More property information can be found at www.InpatientFacility.com or take a quick video tour.
For More Info Contact:
Lane Slaten
CWMN, LLC
Founder & CEO
913-444-9911
Lane's LinkedIn: @lane-slaten
Source: CWMN, LLC
Filed Under: Financial
0 Comments
Latest on Washingtoner
- The World's No.1 Superstar® Brings Disco Fever Back With New Global Single and Video "Disco Dancing"
- Boston Industrial Solutions' Natron® 512N Series UV LED Ink Achieves BPA Certification, Advancing Safe and Sustainable Digital Printing
- Joan Nissen promoted to Century Fasteners Corp. – General Manager, Aerospace & Government Sales
- Northwest Modern Fabrication Expands Manufacturing Capacity With 4,800 Sq. Ft. Addition
- NRE-HEALTH Radio Launches With a New Approach to Health Broadcasting
- City of Spokane Proposes Directing Funding to Support Families Impacted by Civil Immigration Enforcement
- From Coffee to Commutes: sMiles App Now Pays Bitcoin for Every Gift Card Purchase
- Finland's Health Authority Launches '2-4-2' Gambling Risk Limits Ahead of Expected Advertising Boom
- Evluma Launches RoadMax Edge Streetlight Series, Advancing Urban Illumination and Energy Efficiency
- Dr. Billy B. Laun II Addresses Over 120 Dental Professionals at Annual Dental Meeting
- CCHR: Taxpayer Billions Wasted on Mental Health Research as Outcomes Deteriorate
- Digital Efficiency Consulting Group (DECG) Officially Launches
- Work 365 Delivers Purpose-Built Revenue Operations for Microsoft Cloud for US Government
- Meridianvale Unveils QarvioFin Public Beta: The First 'Glass Box' AI Operating System for Autonomous Finance
- Impact Space Inc launches I AM AI Ready:Free AI Literacy Platform Bridging the Global Digital Divide
- Mend Colorado Launches Revamped Sports Performance Training Page
- Investigation Into North Spokane Shooting That Left Two Dead Continues
- Parkway Prosthodontics Achieves Breakthrough Full-Arch Reconstruction Case
- Postmortem Pathology Expands to Phoenix: Bringing Families Answers During Their Most Difficult Moments
- Blasting Off with Space Sector Companies: Artemis II Manned Moon Mission is Set to Launch: Could $ASTI be on the Same Rocket Ride as $ASTS & $LUNR?