A merger between Kootenai Medical Center and the Inland Behavioral Health Institute will mean expanded psychiatric services for North Idaho residents, officials said Thursday.
KMC bought out the institute, formerly Pine Crest Hospital, for $557,000, to create a jointly owned $3.8 million company.
The new company, North Idaho Behavioral Health, will be owned 50 percent by KMC and 50 percent by IBHI's two owners, Jack Yuditsky and Mike Cancelosi. A four-person board of directors will oversee the new company, which is KMC's sixth joint venture. Most recently, KMC joined with Sacred Heart to construct a new dialysis facility.