Adventist Health Announces the Acquisition of Vallejo Behavioral Health Services by Acadia Healthcare
February 09 2021 - 1:00PM
Business Wire
To strengthen behavioral health services in Solano County,
Adventist Health Vallejo, which has served as the county’s
behavioral treatment center of choice for nearly 25 years,
announced today it has signed a definitive agreement to sell the
hospital and its behavioral health services to Acadia Healthcare
(NASDAQ: ACHC), a leading provider of behavioral healthcare in the
United States.
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“Behavioral health and well-being are central to Adventist
Health’s mission, and we are committed to taking actions that meet
the needs of our communities,” said Steven Herber, MD, president of
Adventist Health services in Vallejo and St. Helena. “Acadia has
the national and local experience, clinical expertise and proven
track record to be an ideal community partner. They share our
vision of enhancing the hospital’s capabilities to provide
high-quality behavioral health and substance use services.”
Adventist Health Vallejo, a 61-bed psychiatric hospital that is
operated as a service of Adventist Health St. Helena, provides
inpatient and outpatient care. Its services include short-term
psychiatric care for children, adolescents and adults as well as
partial hospitalization services for adults who are experiencing
psychiatric problems or are dependent on alcohol, drugs or
prescription medications.
As a leading provider of behavioral healthcare services, Acadia
Healthcare owns and operates treatment facilities throughout the
United States and Puerto Rico, including a facility in nearby San
Jose. Acadia is solely dedicated to behavioral health and is the
partner of choice for many health systems and communities across
the country due to its commitment to high quality and integrated
care. The investment that Acadia intends to make in the facility
and its expertise will help meet the care needs of the community
for years to come as the company explores opportunities to expand
services.
“Adventist Health took great care and consideration in its
process to select Acadia as its community partner, and we are proud
they recognized the expertise and commitment to quality that we
will bring to Solano County. We will invest in the facility to
ensure it continues to serve as the center of behavioral health
excellence for the surrounding community,” said Dwight Lacy, group
president for the Western Region of Acadia Healthcare. “We look
forward to building upon the tremendous foundation provided by
Adventist Health for many years to come.”
Adventist Health recently expanded its behavioral health
offerings through a partnership investment with Synchronous Health
that leverages the power of human connection with AI to deliver
behavioral healthcare to millions of people. Nearby Adventist
Health St Helena, which operates a 21-bed mental health unit, also
expanded behavioral health inpatient services by opening a 12-bed
behavioral medical unit to better care for the needs of patients
with both medical and behavioral health diagnoses.
Recognizing that people and continuity are the heart of
behavioral health healing, Acadia Healthcare intends to retain
current staff and associates.
The organizations expect to complete the transaction, following
regulatory approval, by mid-2021 and will look for additional
opportunities to partner together.
About Adventist Health Vallejo
Adventist Health Vallejo is a 61-bed psychiatric hospital that
is operated as a service of Adventist Health St. Helena. Both
hospitals are part of Adventist Health, a faith-based, nonprofit
integrated health system serving more than 80 communities on the
West Coast and Hawaii as well as others across the U.S. through its
Blue Zones company, a pioneer in taking a systemic and
environmental approach to improving the health of entire cities and
communities. Through this work, Adventist Health is leading a 21st
century well-being transformation movement. Founded on Seventh-day
Adventist heritage and values, Adventist Health provides care in
hospitals, clinics, its innovative Adventist Health Hospital@Home
program that provides virtual in-patient care at home, home care
agencies, hospice agencies and joint-venture retirement centers in
both rural and urban communities. Our compassionate and talented
team of 37,000 includes associates, medical staff physicians,
allied health professionals and volunteers driven in pursuit of one
mission: living God's love by inspiring health, wholeness and hope.
Together, we are transforming the American healthcare experience
with an innovative, yet timeless, whole-person focus on physical,
mental, spiritual and social healing to support community
well-being.
About Acadia Healthcare
Acadia is a leading provider of behavioral healthcare services
across the United States. Acadia operates a network of 227
behavioral healthcare facilities with approximately 9,900 beds in
40 states and Puerto Rico. With more than 20,000 employees serving
approximately 70,000 patients daily, Acadia is the largest
stand-alone behavioral health 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. Acadia integrates high-reliability principles and
data-driven decisions in actionable ways to promote best practices
and drive safety and quality of care.
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version on businesswire.com: https://www.businesswire.com/news/home/20210209005776/en/
Acadia Healthcare Gretchen Hommrich 615.861.6000
Gretchen.Hommrich@acadiahealthcare.com
Adventist Health Mary Parra 928.853.4733
mparra@randlecommunications.com
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