Trending...
- Final Week to Register for Free Spokane Community Conference
- Renkeer Water Quality Sensors Support Efficient Operation of AI Liquid Cooling Systems
- Author Robert A. Robinson Introduces Anarchy at the AYP:
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
- Wave Helicopters Takes FLIBS 2026 to New Heights
- Canada's First Data Lakehouse Goes Global in Banking: Nabil Bank Becomes Nepal's First Bank to Implement a True Agentic Lakehouse Platform, DataNature
- Latin GRAMMY-Winning Cuban-American Conductor Dr Yalil Guerra to Lead Pepperdine's Oklahoma!
- Highsfield Showcases Earth Zoom Generator for Cinematic AI Videos
- Patton AI Launches Patton Hive 4.5: Wartime Breakthroughs for Drones and Robots When GPS Goes Dark
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: Health
0 Comments
Latest on Washingtoner
- Hospital Direct Medical Equipment Company Seeing Growth in Used Refurbished Medical Equipment Sales
- Scoop Social Co. Brings Its Signature Mobile Dessert Experience to Nashville
- Soft & Sweet Unveils New Studio Location and Website for All-Natural Sugaring in Las Vegas
- Beyond Popularity Rankings, The World's No.1 Superstar® Wins Best Pop Music Video for "Under Your Spell"
- Spokane: SPD Seeks the Public's Assistance in Locating 94-year-old man
- Simpalm Staffing Launches Tax Preparer Staffing for U.S. CPA Firms
- ASSIST Software Wins Volkswagen Challenge for Automated Quality Inspection
- National Literacy and Workforce Readiness Crisis Sparks New Program Launching in Birmingham
- New England Consulting Partners Celebrates 25 Years of Turnaround Management Solutions
- RAS AP Consulting Releases Educational Resource to Help Organizations Prepare for IRS FIRE-to-IRIS Transition
- Roots, Rhythm & Joy Invites Neighbors to Find Community Through Music
- Tacoma: Homicide Investigation – 1100 Commerce Street
- Former Goddard Enterprises Managing Director Anthony Ali Joins STS Capital Partners as Managing Director and Partner
- Heritage at Manalapan Announces Limited-Time Mortgage Rate Buydown on Select Quick Move-In Homes
- Good Organics Now at Pop Up Grocer NYC With October 30 Sampling Event
- KeysCaribbean Announces Temporarily Reduced Rates At Village at Hawks Cay Villas
- Commercial Manufacturing Validation Completed as November 10 FDA Milestone Approaches; Critical FDA Milestone Close: NRx Pharmaceuticals NAS DAQ: NRXP
- Electives Launches "Electives for Everyone," Making Live Expert-Led Learning Available to Every Employee
- Tax Tops the List as Wealthy Brits Plan Their Exit, La Vida Survey Finds
- FloorLine Launches Live Shop Floor Tracking for Small Manufacturers