MHM Services
MHM Services, Inc. is a privately-held healthcare solutions and staffing provider headquartered in Vienna, VA. The company's principal customers are state and local governments. MHM directly employs over 3,600 clinical, management, and support staff nationwide.
Services provided[edit]
- Correctional Mental Health Services - Mental health management and staffing solutions for state-wide correctional systems. This includes positions such as psychiatrists, mental health professionals, social workers, and a variety of other disciplines to support the needs of the incarcerated patient.
- Correctional Medical Services - Physical health management and staffing solutions for state-wide correctional systems. This includes positions such as physicians, psychiatric and mental health nursing, and a variety of other allied healthcare professionals to support the needs of the incarcerated patient.
- State Hospital Management Services - MHM has designed a model for state hospitals to assist states with the staffing and day-to-day management of their inpatient psychiatric facilities.
- Community-based Mental Health Services - MHM's subsidiary, Forensic Health Services, Inc. (FHS), provides expertise in pre-trial hearings to sentencing. FHS works with clients to identify risk levels of individuals and delivers services that reduce those risks. In addition, MHM holds contracts providing mental health services to community based clients to support daily living.
- Forensic Programs - MHM and FHS have programs designed and implemented by senior-level mental health clinicians.
- MHM Solutions - Outsourced healthcare staffing and solutions to state and local government agencies.
Business environment[edit]
In its largest business unit, correctional healthcare, MHM serves approximately 260,000 inmates in 16 states and over 300 facilities throughout the United States. MHM is one of a few national healthcare companies who provide a full spectrum of health services to the corrections market. Most of its competitors are local groups of psychiatrists or psychologists who enter into contracts with individual prisons. MHM often competes with local state organizations or university health systems.
History[edit]
MHM was originally founded as Mental Health Management in 1981. According to a Wall Street Transcript interview[1] with MHM CEO Michael S. Pinkert, the company started out developing mental health units in general hospital settings and quickly grew to become the country’s largest provider of inpatient psychiatric care in general hospitals. It then grew by adding freestanding psychiatric hospitals. In 1986, the company was sold to Mediq.
In 1993, the company was spun off by Mediq and became a publicly traded company. MHM sold off all of its inpatient operations, including its freestanding hospitals, in order to focus solely on providing mental health services in correctional institutions. Meanwhile, Mediq continued to hold an $11.8 million note against MHM. In 1997, MHM sought to have the note cancelled, claiming Mediq breached its obligations to MHM by forcing MHM officials to sign a note that "unjustly enriches Mediq at MHM's expense". The suit also asked the court to require Mediq to pay back $4.5 million MHM had already paid. Pinkert called the note "a tremendous cash drain that we could have put to more productive uses."
On July 15, 1998, the Company and Mediq settled an $11.8 judgement against the Company for repayment of this debt in return for a cash payment of $3 million by the Company. A 1998 Georgia Department of Corrections audit noted the resolution of the matter with this statement:
on July 16, 1998, just prior to the release of this report, MHM Services Inc. issued a press release reporting that it had settled a nearly $12 million debt with a creditor for a lump sum of $3 million. MHM indicated that as a result of this action, it expected its shareholder equity to increase from a negative position of nearly $8 million to a positive position of approximately $1.7 million.
This move helped assuage the nerves of MHM's customers, and the company subsequently signed several new contracts. By 2000, its profits were improving markedly, according to MHM press releases. The company went private in 2001.
In 2011 MHM entered into a joint venture, Centurion LLC, with Centene Corporation (CNC) in order to successfully compete for comprehensive healthcare bids from state governments.
Centurion started its first comprehensive healthcare contract in the state of Massachusetts in July 2013. Over the next few years, Centurion won contracts in Minnesota, Tennessee, Vermont and Mississippi. As of August 2015, Centurion holds five healthcare contracts with correctional systems and employs over 2,000 employees through MHM Health Professionals.
In addition to growing business through its partnership with Centene, MHM also is rapidly growing its MHM Solutions business which provides healthcare staffing to state and local government agencies. MHM retains a national recruiting team of over 20 in-house recruiters who specialize in recruiting hard-to-fill healthcare positions.
The company is led by founding CEO, Michael Pinkert, and President and COO, Steve Wheeler.
Locations[edit]
MHM's headquarters is located in Northern Virginia on Spring Hill Road, in Vienna, VA since 2004. Each contract is managed through a network of state and regional offices located throughout the United States. Each contract is overseen by a Program Manager or Vice President of Operations. Regional offices are located in:
- Montgomery, AL
- Milford, CT
- Atlanta, GA
- Westborough, MA
- Baltimore, MD
- Lansing, MI
- Jackson, MS
- Roseville, MN
- Concord, NH
- Grants, NM
- Mechanicsburg, PA
- Philadelphia, PA
- Nashville, TN
- Waterbury, VT
References[edit]
- MHM Services' goal is to double its size every year for the next three years, The Wall Street Transcript, Sep. 29, 2000.
- Inpatient approach is on the outs at MHM Services, John Lombardo, Washington Business Journal, Nov. 15, 1996.
- MHM seeks to void note for $11M held by Mediq, John Lombardo, Washington Business Journal, Feb. 21, 1997.
- Ruling hazardous to health of MHM, John Lombardo, Washington Business Journal, Dec. 5, 1997.
- Selection Process and Effect of the Mental Health Service Contract, George Department of Corrections, July 1998.
- MHM Services, Inc. Reports First Quarter Profits Up 123%, MHM press release, Feb. 14, 2000.
External links[edit]
This article "MHM Services" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
