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Acadia Healthcare Acquires Three Comprehensive Treatment Centers in North Carolina

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that it has recently completed the acquisitions of three

articleAcadia Healthcare Company, Inc.March 28, 20245/company/acadia-healthcare-company-inc/news/acadia-healthcare-acquires-three-comprehensive-treatment-centers-in-north-carolina
Acadia Healthcare Acquires Three Comprehensive Treatment Centers in North Carolina

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[{"type":"text","content":" FRANKLIN, Tenn.--(BUSINESS WIRE)--\nAcadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that it has recently completed the acquisitions of three comprehensive treatment centers (“CTC”) in North Carolina.\n\n\nTwo 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.\n\n\nWith these additions, Acadia now operates 10 CTC locations in North Carolina and 160 locations in 32 states across the country.\n\n\n“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.”\n\n\nAcadia 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.\n\n\nHunter 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.”\n\n\nAcadia’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 ...

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