New Partnership Focuses on Increased Demand for Mental Health Care

Wednesday, February 1, 2017

The partnership of Dallas-based firm SRP Medical and Diamond Healthcare Corporation of Richmond, VA has created a powerhouse locally in the mental health field.

“We are thrilled to announce our partnership with Diamond,” said Scott H. Wilson, Managing Principal of SRP Medical. “Our goal has always been to create exceptional centers of healing that enable our clients and partners to deliver superior medical services. The goal we share with Diamond is to become the leading provider of mental health and wellbeing services in North Texas and to bring a superior level of mental health expertise to our patients and communities” he said.

SRP Medical signed an agreement with Diamond to provide management services to their behavioral health hospitals in Plano and Fort Worth TX that have been operating since 2014. These hospitals will become WellBridge Healthcare on February 1, 2017.

“Diamond is engaged by hospitals and other healthcare providers to be the proactive expert,” said President and CEO Richard Feldman. “Our clients look to us to forecast the business climate in which we operate and provide solutions that work for an individual hospital and market.” The need for mental health care is increasing, but there is uncertainty created by a new round of healthcare reform initiatives. “No rational mind craves uncertainty, at least not for an extended period, yet uncertainty can provide opportunity for innovative companies like Diamond and SRP,” Feldman said. “This partnership already has developed a strong foundation in Texas and we look forward to new opportunities nationally that lie ahead.”

This contract adds nearly 200 employees to Diamond’s team and adds another critical market to Diamond’s growing national scope currently serving 33 states and the District of Columbia.

About SRP Medical
SRP Medical is a real estate investment and development business built on integrity, client service and performance. Formerly part of The Staubach Company, SRP Medical specializes in the development of healthcare properties in Texas and throughout the Southern United States. Our experience, culture and focus enable us to create outstanding business results and lasting relationships with physicians, hospitals and specialty medical tenants. Since 2009, SRP has developed more than $300 million in specialty hospitals and senior care facilities creating long term value for our partners.
Visit www.srpmedical.com or wellbridgehealthcare.com.

About Diamond Healthcare Corporation
Diamond Healthcare Corporation is a population health company focused on developing contemporary services that enhance the mental and physical well-being of communities. Diamond offers management and consulting expertise to hospitals, healthcare systems and real-estate investment firms nationwide to implement, improve and expand their behavioral health offerings. Drawing on 32 years of experience, we understand what works in today’s changing healthcare environment and how to help our clients position themselves for long-term sustainability. Visit www.diamondhealth.com

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