Strategy
Founded in 2005 by Dr. Richard Kresch, President and CEO, Ascend Health has
grown to become a leading behavioral health services company. With a
successful 30-year leadership and entrepreneurial record, Dr. Kresch brings
clinical and operational expertise to Ascend Health.
Ascend Health is a leader in the de novo development of inpatient behavioral
health hospitals. We focus on de novo startups because they are generally
more cost-effective than acquisitions and allow for broader site and market
selection, resulting in higher rates of return to investors. Ascend Health
targets markets where there is an unmet need for behavioral health services.
Over the years, Ascend Health has gained considerable expertise in building
new hospitals. The majority of our hospitals are de novo developments that
are generating high returns.