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Acadia Healthcare Acquires Three Comprehensive Treatment Centers in North Carolina

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Acadia Healthcare Company, Inc. (ACHC) completes acquisitions of three comprehensive treatment centers in North Carolina, strengthening its clinical foundation in the state. With these additions, Acadia now operates 10 CTC locations in North Carolina and 160 locations in 32 states. The company focuses on medication-assisted treatment programs to address opioid use disorders and collaborates with UNC to develop innovative community-based strategies to combat the opioid epidemic.
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The acquisition of three new comprehensive treatment centers (CTCs) by Acadia Healthcare represents a strategic expansion within North Carolina, a state with an increasing demand for behavioral healthcare services. The move not only strengthens Acadia's footprint in the region but also aligns with the broader industry trend towards consolidation and increased capacity in response to the opioid epidemic. By incorporating these facilities, Acadia enhances its service offerings, which may lead to improved patient outcomes and potentially increase the company's competitive advantage.

From an industry perspective, this expansion reflects Acadia's commitment to growth through acquisitions, a common strategy for healthcare providers looking to quickly scale operations and diversify their service lines. The integration of medication-assisted treatment (MAT) with behavioral therapy is a recognized approach in treating opioid use disorders and the emphasis on positive patient outcomes could translate into a strong value proposition for stakeholders, including patients, healthcare professionals and investors.

Additionally, the collaboration with the University of North Carolina's Center for the Business of Health signifies an investment in research and development of community-based strategies, which may lead to innovative treatment models and further solidify Acadia's market position. However, the success of these acquisitions will depend on the seamless integration of the new centers into Acadia's existing operations and the continued delivery of high-quality care.

Acadia Healthcare's recent acquisitions are likely to have a material impact on its financial performance. By expanding its network to 10 CTC locations in North Carolina and 160 nationwide, Acadia is poised to tap into a larger market share and drive revenue growth. This move could be seen favorably by investors as it demonstrates proactive management and the ability to execute on growth strategies.

It is important to assess the financial health of the acquired centers and how they will contribute to Acadia's overall profitability. The mention of 'strong track records of positive patient outcomes' suggests that these centers are well-established and may bring a stable patient base. The strategic location of the centers could also offer increased access to patients, potentially leading to higher utilization rates.

Investors should monitor the integration costs and the impact on Acadia's short-term financials, as well as the long-term return on investment. The company's partnership with academic institutions may also lead to cost-effective innovations, which could improve margins over time. However, it's important to remain vigilant about the risks associated with integrating new acquisitions and the potential for unforeseen operational challenges.

The acquisitions by Acadia Healthcare highlight the growing need for opioid addiction treatment services and the company's response to this demand. The choice of North Carolina for expansion is likely based on a combination of factors, including the state's progressive approach to behavioral healthcare and the identified treatment gaps. This suggests that Acadia is not only expanding its services but also targeting strategic locations with unmet needs, which could lead to a stronger market presence.

Understanding the market dynamics and patient demographics in these areas is important for predicting the success of the new CTCs. The partnership with UNC's Center for the Business of Health indicates a data-driven approach to identifying these markets, which may give Acadia an edge in providing tailored services to the communities. Moreover, the comprehensive range of treatment support services offered at these centers addresses the multifaceted nature of addiction treatment, which is essential in achieving long-term patient recovery and retention.

The impact on Acadia's market share and brand recognition should be positive, assuming the company maintains the quality of care and patient satisfaction. However, the competitive landscape and potential regulatory changes remain variables that could influence the outcome of these acquisitions.

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that it has recently completed the acquisitions of three comprehensive treatment centers (“CTC”) in North Carolina.

Two of the locations, rebranded as Raleigh Comprehensive Treatment Center and Greenville Comprehensive Treatment Center, are located in Raleigh, North Carolina, and Greenville, North Carolina, respectively. The third acquired location, rebranded as Hillsborough Comprehensive Treatment Center, in Hillsborough, North Carolina, serves residents in communities from Durham to Burlington.

With these additions, Acadia now operates 10 CTC locations in North Carolina and 160 locations in 32 states across the country.

“These acquisitions build upon our existing and strong clinical foundation within the state of North Carolina,” said Chris Hunter, chief executive officer of Acadia Healthcare. “The facilities are fully operational with strong track records of positive patient outcomes. The combination of medication-assisted treatment with behavioral therapy and other support services provided at these and other CTC locations can change the course of people’s lives.”

Acadia maintains a partnership with the University of North Carolina’s Center for the Business of Health (CBOH) at UNC Kenan-Flagler Business School, as well as UNC’s School of Nursing and additional undergraduate programs. Acadia and UNC are partnering to develop innovative community-based strategies to improve access to care and mitigate the devastating effects of the opioid epidemic in North Carolina. As part of this collaboration, UNC CBOH and Acadia conducted an analysis of treatment gaps across the state resulting in these markets being identified for CTC expansion.

Hunter continued, “North Carolina is a focus for Acadia to expand capacity and add additional sites of care given the state’s immense need and progressive approach to behavioral healthcare treatment programs.”

Acadia’s CTC medication-assisted treatment (MAT) 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.

Please visit https://www.ctcprograms.com for more information.

About Acadia Healthcare

Acadia is a leading provider of behavioral healthcare services across the United States. As of December 31, 2023, Acadia operated a network of 253 behavioral healthcare facilities with approximately 11,200 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.

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Tim Blair

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Gretchen Hommrich

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Source: Acadia Healthcare

FAQ

How many comprehensive treatment centers did Acadia Healthcare acquire in North Carolina?

Acadia Healthcare acquired three comprehensive treatment centers in North Carolina.

What are the names of the two rebranded locations in Raleigh and Greenville, North Carolina?

The two rebranded locations are Raleigh Comprehensive Treatment Center and Greenville Comprehensive Treatment Center.

How many CTC locations does Acadia Healthcare operate in North Carolina after the recent acquisitions?

Acadia Healthcare now operates 10 CTC locations in North Carolina.

What is Acadia Healthcare's total number of locations across the country after the acquisitions?

Acadia Healthcare now operates 160 locations in 32 states across the country.

What is the focus of Acadia Healthcare's CTC medication-assisted treatment programs?

The focus is on combining behavioral therapy and medication to treat opioid use disorders.

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About ACHC

acadia is a provider of inpatient and outpatient behavioral health and addiction treatment services. acadia operates a network of 225 behavioral healthcare facilities with approximately 9,190 beds in 37 states, the united kingdom and puerto rico. acadia provides psychiatric and chemical dependency services to its patients in a variety of settings, including inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and therapeutic school-based programs. acadia healthcare’s behavioral health treatment facilities are specialized solely in helping children, teenagers and adults suffering from mental health disorders and/or alcohol and drug addiction.