US HealthVest to Acquire Psychiatric Facilities

Co-founders Richard Kresch, MD and Polaris Partners are focused on expanding access and improving psychiatric care with their new company.  According to Dr. Kresch, President and CEO of US HealthVest:   

"The need for quality psychiatric care is increasing rapidly. US HealthVest has the experience and resources to expand access to care by developing new facilities and acquiring existing facilities with untapped potential...”

Previously, Dr. Kresch launched and sold two companies including Ascend Health, owner of multiple free-standing psychiatric inpatient facilities.   Venture Wire reports the US HealthVest team “hopes to get six clinics up and running within the next year.”  Facilities offering inpatient and outpatient programs will include development of new and the acquisition of existing facilities. 

In addition to Kresch and Polaris, US HealthVest partners include the company’s management team, Fidelity Biosciences and notable health care and technology investors. >>Read more