If you are seeing this message, there was a problem loading the default style. Please click one of the Text Sizes below, which will fix this issue.
News
December 31, 2007

Law suits and pay hikes
Full Story | Topics: ,

Psychiatric Solutions, the for-profit corporation owning psychiatric hospitals and residential treatment programs for youth, landed on the Forbes list of America’s Best Big Companies of 2007. With managers who cut their teeth on Nashville’s Corrections Corporation of America, and Hospital Corporation of America, this should not surprise. Still the stock was downgraded recently by Credit Suisse to underperform. According to SEC filings, the company recently approved pay hikes for its managers.

In an unrelated incident, another law suit charging sexual and physical misconduct was filed against Psychiatric Solutions in its capacity as the owner and operator of Whisper Ridge, a residential treatment program for youth. Previously five employees were indicted, one pled guilty, one case was dropped in November when the alleged victim left the state.

Related
Wall Street eyes psychiatric care

   Post a Comment

MIWatch would love to hear your thoughts. Please join the discussion.


characters left

default medium big large
Consider This

Lunch is okay, but pencils are not
by Phyllis Vine

When the press gets it right. . .
by Phyllis Vine

Drug to stop smoking
by Phyllis Vine

When disclosure isn't enough
by Phyllis Vine

About the APA
by Phyllis Vine

Full Consider This Archives

Browse by Topic
MIWatch Archives

Recent Columns

Economic Security: Key to Recovery and Self-Determination
by Judith A. Cook

A proposal for transitional crisis beds
by Sol Wachtler

Psychiatric Advance Directives: A tool for patients and clinicians
by Marvin Swartz

Access to care: training consumers and case managers
by Jack Carney

Race, genetics, metabolism: drug therapy and clinical trials
by L. DiAnne Bradford

Home genetic tests: science or marketing?
by Laura Hercher

Let's stop saying "Mental Illness"
by David Oaks

Meeting family needs: Alameda County's new program
by Rebecca Woolis

Peer-to-Peer: Returning Vets' Mental Health Care
by Ralph Ibson

Q & A with Bill Emmet: Mandating health reform
by Phyllis Vine

Working with youthful offenders: Crossroads
by Linda Teodosio

Q & A with Anela Ka’iliawa: Wellness in Action
by Sarah A.H. Ho

Depression, advertising and pharma
by Julie Donahue

Complex PTSD
by Julian Ford

Disaster Mental Health
by Dr. Anthony T. Ng

A Personal Journey Wearing Three Hats: family, doctor and research director
by Lisa DIxon, MD, MPH

Breaking the Silence about Mental Illness in Schools
by Janet Susin

Q & A with Dr. Andrew P. Levin: The intersection of psychiatry and law
by Phyllis Vine

A Consumer's Voice--Hawai'i's Jail Diversion
by Sally Ho

When the Scars of Battle Haven't Healed: Reflections on Memorial Day
by Sol Wachtler

Full Columnist Archive

Reviews

"Comfortably Numb: How Psychiatry is Medicating a Nation," by Charles Barber
by Alison Bateman-House

"The Insanity Offense," E. Fuller Torrey
by Sue E. Estroff, Ph.D.

Men Get Depression
by Phyllis Vine

"Canvas:" A family portrait
by Phyllis Vine

"Shunned," by Graham Thornicroft
by Jean Arnold