PsychPlus acquires California psychiatric group to add 100+ doctors

PsychPlus said Thursday it acquired California-based Precision Psychiatric Services, adding more than 100 psychiatrists and expanding hospital partnerships across the state. The deal boosts the company’s ability to deliver psychiatric coverage as hospitals face workforce shortages and rising behavioral health demand.

Why it matters: - The acquisition expands PsychPlus’s clinical capacity in California with more than 100 additional psychiatrists. - The deal strengthens PsychPlus’s ability to support hospitals and health systems facing persistent psychiatric staffing shortages. - The combined network is aimed at improving access to specialty behavioral care across emergency, inpatient and outpatient settings.

What happened: - PsychPlus announced the acquisition of Precision Psychiatric Services, a California-based psychiatric organization with hospital partnerships and a physician-led network. - The company said the transaction is part of its national expansion strategy. - Precision was founded in 2018 and has built a presence in California through hospital-based psychiatric services and outpatient care. - PsychPlus said the acquisition adds more than 100 psychiatrists to its clinical network.

The details: - Precision provides psychiatric services in emergency departments, inpatient behavioral health facilities, medical and surgical units, outpatient clinics and addiction treatment settings. - Precision uses a hybrid care model that combines in-person psychiatry with telepsychiatry. - PsychPlus said the deal combines Precision’s clinical network and hospital relationships with its own proprietary technology and national clinical infrastructure. - The companies said the combination should help hospitals improve clinical coverage, patient throughput and continuity of care while reducing operational and financial strain. - PsychPlus currently partners with more than 200 hospital systems nationwide. - PsychPlus said it delivers integrated, evidence-backed digital, virtual and in-person behavioral healthcare to more than 6 million people globally. - The company said the acquisition of Koa Health, a multinational digital mental health company, is part of the same broader expansion strategy. - PsychPlus and Koa Health previously said their combined platform reaches more than 6 million people across the U.S. and international markets. - PsychPlus’s website is More information. - PsychPlus also listed social media accounts on LinkedIn, Instagram and Facebook.

Between the lines: - The deal points to a broader push to build a national behavioral health platform that blends hospital psychiatry with digital mental health tools. - PsychPlus is using acquisitions to widen its provider base and deepen its footprint with health systems. - The emphasis on workforce shortages suggests the company sees hospital psychiatry as both a care gap and a growth market.

What's next: - PsychPlus said it will continue expanding its national and international presence. - The company said the combined platform will focus on prevention, early intervention, outpatient psychiatry and therapy, and hospital-based psychiatric care. - The integration should give PsychPlus more capacity to support providers and extend specialty psychiatric access in California and beyond.