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Acadia Healthcare and Ascension Seton Form Joint Venture to Expand Behavioral Health Services in Austin
AUSTIN, Texas--(BUSINESS WIRE)-- Ascension Seton and Acadia Healthcare announced today that the two organizations have formed a joint venture to expand
About this update from Acadia Healthcare Company, Inc.
[{"type":"text","content":" AUSTIN, Texas--(BUSINESS WIRE)--\nAscension Seton and Acadia Healthcare announced today that the two organizations have formed a joint venture to expand access to behavioral healthcare in Austin, Texas, and surrounding communities.\n\n\nThe joint venture will focus on expanding Acadia’s current operations at Cross Creek Hospital, as well as the number of inpatient behavioral beds available in Austin. Acadia will construct a 106-bed expansion of the acute behavioral hospital, increasing the total licensed bed count to 196 upon completion. Acadia has committed to employ Ascension Seton Shoal Creek’s inpatient behavioral health associates at the newly constructed expansion, set to open in late 2024. Ascension Seton will continue to operate the Grace Grego Maxwell Mental Health Unit, a pediatric unit focused on mental health located at the Dell Children’s Medical Center.\n\n\nThe joint venture hospital will be in close proximity to Ascension Seton hospitals and will be one of the training sites for students, residents and fellows from Dell Medical School.\n\n\nThe Cross Creek expanded campus will be warm and welcoming with the mission to promote health and healing. The new hospital will be named “Cross Creek Hospital together with Ascension Seton.”\n\n\n“This hospital will be a tremendous resource for those living in our community, including those who are most vulnerable, and we’re thrilled to bring together the expertise and capabilities from our two great organizations,” said Andy Davis, president and chief executive officer of Ascension Texas. “Acadia has an established track record of expanding access to high-quality, compassionate care in communities across the country. This joint venture will build upon our expertise while increasing the number of behavioral health beds and other behavioral health services available to patients throughout the region.”\n\n\nAscension Seton selected Acadia as their joint venture partner because of Acadia’s shared commitment to high-quality, compassionate, mission-driven care to improve the health of the individuals and communities they serve. Ascension Seton’s decision was further solidified by Acadia’s proven track record in joint venture partnerships and the existing relationship with the health system.\n\n\n“Ascension shares our commitment to expanding access to high-quality behavioral healt...