Acadia Healthcare is an American provider of behavioral
healthcare
Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health profe ...
services. It operates a network of over 225 facilities across the United States and
Puerto Rico
Puerto Rico (; abbreviated PR; tnq, Boriken, ''Borinquen''), officially the Commonwealth of Puerto Rico ( es, link=yes, Estado Libre Asociado de Puerto Rico, lit=Free Associated State of Puerto Rico), is a Caribbean island and Unincorporated ...
.
Overview
The company was founded in January 2005, and is headquartered in
Franklin, Tennessee
Franklin is a city in and county seat of Williamson County, Tennessee, United States. About south of Nashville, it is one of the principal cities of the Nashville metropolitan area and Middle Tennessee. As of 2020, its population was 83,454 ...
. More recently, the company had signed a deal with the Florida healthcare system in order to expand its programs.
In 2022 it opened a new children’s hospital in Chicago, a joint venture facility in Knoxville, and two new Comprehensive Treatment Centers. Revenue for the third quarter of the year was $666.7 million, an increase of 13.5% over the third quarter of 2021. It had a network of 242 behavioral healthcare facilities with approximately 10,800 beds in 39 states and Puerto Rico. 300 new beds are planned to be opened during the year.
Operations
United States
Acadia operates facilities assisting patients with behavioral problems,
PTSD
Post-traumatic stress disorder (PTSD) is a mental and behavioral disorder that can develop because of exposure to a traumatic event, such as sexual assault, warfare, traffic collisions, child abuse, domestic violence, or other threats on a ...
, trauma,
eating disorder
An eating disorder is a mental disorder defined by abnormal eating behaviors that negatively affect a person's physical or mental health. Only one eating disorder can be diagnosed at a given time. Types of eating disorders include binge eating d ...
s and
substance abuse
Substance abuse, also known as drug abuse, is the use of a drug in amounts or by methods which are harmful to the individual or others. It is a form of substance-related disorder. Differing definitions of drug abuse are used in public health, ...
. In 2022 it had about 22,500 employees and a daily patient census of about 70,000 patients and was said to be the largest pure-play
behavioral health
Mental health encompasses emotional, psychological, and social well-being, influencing cognition, perception, and behavior. It likewise determines how an individual handles stress, interpersonal relationships, and decision-making. Mental health ...
company.
United Kingdom
In June 2014, Acadia bought
Partnerships in Care, a British provider of mental health and social care services, and acquired the mental health assets of
Care UK
Care UK is a provider of residential care for older people. They operate more than 150 homes offering residential care, dementia care, and nursing care. The company formerly also operated a wider range of healthcare services until 2019 when ...
in May 2015.
The company has been investigated by the
Competition and Markets Authority
The Competition and Markets Authority (CMA) is the competition regulator in United Kingdom. It is a non-ministerial government department in the United Kingdom, responsible for strengthening business competition and preventing and reducing anti-com ...
in the UK in order to deal with concerns about the impact of its acquisition of
Priory Group
The Priory Group is a provider of mental health care facilities in the United Kingdom. The group operates at more than 500 sites with over 7,000 beds. Its flagship hospital is the Priory Hospital, Roehampton, which is best known for treating c ...
on competition. It sold 22 behavioral health facilities for £320 million to
BC Partners
BC Partners is a British international investment firm with over $40 billion of assets under management across private equity, credit and real estate in Europe and North America. Its global headquarters are in London. The firm invests across all ...
in October 2016.
References
External links
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Drug and alcohol rehabilitation centers
Private providers of NHS services
Companies listed on the Nasdaq
Health care companies based in Tennessee
Companies based in Nashville, Tennessee