PsychPlus Acquires Precision Psychiatric Services

PsychPlus Acquires Precision Psychiatric Services - Behavioral Health Business

PsychPlus has acquired Precision Psychiatric Services Inc., adding over 100 psychiatrists to its growing national practice. This move expands PsychPlus's partnerships with hospitals and other facilities, with over 200 hospital systems already in their network.

"Precision has built an exceptional psychiatric organization...", said Dr. Faisal Tai, founder and CEO of PsychPlus, highlighting the acquisition's potential to strengthen their support for health systems, expand access to specialty psychiatric care, and improve patient outcomes on a national scale.

Founded in 2018 by Dr. Harjeet Brar, Precision Psychiatric Services offers both in-person and telehealth services to emergency departments, inpatient behavioral health facilities, medical/surgical units, outpatient clinics, and addiction treatment facilities. Notable partners include Kaweah Delta Health Care District, Good Samaritan Hospital, Stars Behavioral Health Group, and Kaiser Permanente.

PsychPlus, launched in 2020, supports 6 million patients globally and employs over 1,000 people, positioning itself as the "world’s largest technology-enabled mental health company."

Source: Behavioral Health Business

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