ACHC Acadia Healthcare Company Inc.

Acadia Healthcare Acquires Three Comprehensive Treatment Centers in South Carolina

Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced the acquisition of three opioid treatment program clinics in South Carolina, which provide treatment for people seeking recovery from opioid use disorder.

The clinics – formerly the opioid treatment programs of Recovery Concepts, Recovery Concepts of the Carolina Upstate, and Clear Skye Treatment Center – will be rebranded within Acadia’s Comprehensive Treatment Center (CTC) service line as Clinton Comprehensive Treatment Center, Easley Comprehensive Treatment Center, and Ridgeland Comprehensive Treatment Center.

These facilities are the Company’s first CTCs in South Carolina and offer care to all patients, including those covered by Medicaid. Earlier this year, Acadia acquired three CTCs in North Carolina. The Company’s CTC division now operates 165 brick-and-mortar locations treating over 72,000 patients daily across 33 states nationwide.

“South Carolina is an underserved market with clear, unmet treatment demand for those suffering from opioid use disorder,” said Chris Hunter, Chief Executive Officer of Acadia. “We are proud to help address the needs of the patients, families and communities who will benefit from individualized, high-touch support. These three clinics have excellent reputations in creating positive outcomes for patients through the combination of medication-assisted treatment and clinical services.”

Acadia’s CTC medication-assisted treatment programs combine behavioral therapy and medication to treat opioid use disorders. Each CTC provides a range of comprehensive substance abuse treatment support services that include medical, counseling, vocational, educational and other treatment services to help patients progress on a path to recovery. Behavioral therapies are delivered in an array of models that may include individual and group therapy, intensive outpatient, outpatient, partial hospitalization/day treatment, road to recovery and other programs.

Please visit for more information.

About Acadia Healthcare

Acadia (NASDAQ: ACHC) is a leading provider of behavioral healthcare services across the United States. As of June 30, 2024, Acadia operated a network of 258 behavioral healthcare facilities with approximately 11,400 beds in 38 states and Puerto Rico. With approximately 23,500 employees serving more than 75,000 patients daily, Acadia is the largest stand-alone behavioral healthcare company in the U.S. Acadia provides behavioral healthcare services to its patients in a variety of settings, including inpatient psychiatric hospitals, specialty treatment facilities, residential treatment centers, and outpatient clinics. For more information, please visit .

EN
15/10/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Acadia Healthcare Company Inc.

 PRESS RELEASE

Acadia Healthcare Reports Strong Third Quarter 2024 Results

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced financial results for the third quarter and nine months ended September 30, 2024. Third Quarter Highlights Revenue totaled $815.6 million, an increase of 8.7% over the third quarter of 2023 Same facility revenue increased 8.6% compared with the third quarter of 2023, including an increase in revenue per patient day of 3.6% and an increase in patient days of 4.7% Net income attributable to Acadia totaled $68.1 million, or $0.74 per diluted share Adjusted income attributable to Acadia total...

 PRESS RELEASE

Acadia Healthcare Acquires Three Comprehensive Treatment Centers in So...

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced the acquisition of three opioid treatment program clinics in South Carolina, which provide treatment for people seeking recovery from opioid use disorder. The clinics – formerly the opioid treatment programs of Recovery Concepts, Recovery Concepts of the Carolina Upstate, and Clear Skye Treatment Center – will be rebranded within Acadia’s Comprehensive Treatment Center (CTC) service line as Clinton Comprehensive Treatment Center, Easley Comprehensive Treatment Center, and Ridgeland Comprehensive ...

 PRESS RELEASE

Acadia Healthcare Announces Date for Third Quarter 2024 Earnings Relea...

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that it will release its third quarter 2024 results on Wednesday, October 30, 2024, after the close of the market. Acadia will conduct a conference call with institutional investors and analysts at 9:00 a.m. ET on Thursday, October 31, 2024. A live broadcast of the conference call will be available at in the “Investors” section of the website. The webcast of the conference call will be available for 30 days. About Acadia Healthcare Acadia is a leading provider of behavioral healthcare services ...

 PRESS RELEASE

Acadia Healthcare Issues Statement with Respect to Government Investig...

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (NASDAQ: ACHC) issued the following statement with respect to a government investigation separately disclosed today by the Company. Acadia is cooperating fully with the authorities regarding this matter. “Ensuring we provide the highest quality of care is personal for me and the number one priority for my colleagues across the Company,” said Acadia Chief Executive Officer Chris Hunter. “We take seriously our patient care and compliance responsibilities and understand how critical it is to provide these services with excellence...

 PRESS RELEASE

Methodist and Acadia Healthcare Break Ground on Behavioral Health Hosp...

COUNCIL BLUFFS, Iowa--(BUSINESS WIRE)-- Methodist Jennie Edmundson Hospital and Acadia Healthcare Company held a groundbreaking ceremony today for a state-of-the-art behavioral health hospital serving western Iowa and eastern Nebraska residents. This press release features multimedia. View the full release here: Methodist Health and Acadia Healthcare break ground on the construction of the new Methodist Jennie Edmundson Behavioral Health Hospital in Council Bluffs, Iowa, with an anticipated opening in 2026. (Photo: Daniel Johnson/Methodist Health System) The event occurred on the site of the ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch