Acadia Healthcare Acquires Four CTC Facilities in Georgia
November 08 2022 - 9:00AM
Business Wire
Providing a critical healthcare service to
communities surrounding Atlanta
Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced
the recent acquisition of four comprehensive treatment centers
(“CTC”) from Georgia-based Brand New Start Treatment Centers. The
four centers are located in separate suburbs of the Atlanta
metropolitan area, each within 40 miles of the city. The
transaction increases Acadia’s CTC network of medication-assisted
treatment (“MAT”) program facilities to 148 locations and expands
Acadia’s CTC line in Georgia.
“In recent years, the opioid crisis has continued to grow in the
Atlanta area and across the country, making our CTC facilities and
programs critical to the communities they serve,” said Chris
Hunter, Chief Executive Officer of Acadia Healthcare. “These four
locations are fully operational with strong track records of
positive patient outcomes. We look forward to combining our best
practices to provide high quality care. We have seen firsthand that
the combination of MAT with behavioral therapy and other support
services can change the course of people’s lives. We will continue
to invest strategically in the expansion of our CTC network to meet
this essential need.”
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. Behavioral therapies are delivered in an array
of treatment models that may include individual and group therapy,
intensive outpatient, outpatient, partial hospitalization/day
treatment, road to recovery and other programs.
About Acadia Healthcare
Acadia is a leading provider of behavioral healthcare services
across the United States. As of September 30, 2022, Acadia operated
a network of 242 behavioral healthcare facilities with
approximately 10,800 beds in 39 states and Puerto Rico. With more
than 22,500 employees serving approximately 70,000 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.
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Gretchen Hommrich Vice President, Investor Relations (615)
861-6000
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