Behavioral Healthcare, mental health help, addiction treatment for alcohol and drugs
Date/Time: 5/9/2008 7:39:11 PM EST.

PHC, INC. ANNOUNCES LEASE VENTURE WITH DETROIT MEDICAL CENTER

http://www.dbinstitute.com

PIHC to Add Up to 114 Beds, More Than Doubling the Number of Psychiatric Inpatients Served

Pioneer Behavioral Health , a leading provider of inpatient and outpatient behavioral health services, announced today that it has formed a cooperative lease agreement with the Detroit Medical Center (DMC) to lease space and open 3 new units on the DMC campus. The target date for opening the first unit, which will contain 30 beds, is March 1, 2004 pending final regulatory approval.

Bruce A. Shear, Chairman and CEO of Pioneer Behavioral Health, stated, "This opportunity will enable us to nearly double the number of beds we operate from 130 to roughly 244. The second 30-bed unit is targeted to open April 1st with the final 54 beds scheduled for late in calendar 2004 pending regulatory approval. These new programs will support the growing behavioral health needs of Wayne County residents by keeping them closer to their families during their period of treatment. The State has identified a severe shortage of the programs that our Company intends to offer and we are pleased to play a critical role in addressing this need."

About Detroit Medical Center

Detroit Medical Center is the largest health care provider in southeast Michigan, as it operates seven hospitals (Children's Hospital of Michigan, Detroit Receiving, Harper, Huron Valley-Sinai, Hutzel, the Rehabilitation Institute of Michigan and Sinai-Grace Hospital), two nursing centers and more than 100 outpatient facilities throughout southeast Michigan and is affiliated with the Barbara Ann Karmanos Cancer Institute.

A nonprofit corporation established in 1985, the Detroit Medical Center is the largest nongovernmental employer in Detroit. The system has more than 2,000 licensed beds, 3,000 affiliated physicians and serves as the teaching and clinical research site for Wayne State University, the nation's fourth largest medical school. Many Detroit Medical Center physicians are recognized by colleagues as leaders in their field of medicine.