Acadia Healthcare (Nasdaq: ACHC) is focused on value-based care as it invests in technology and expands its service lines. Franklin, Tennessee-based mental health operator Acadia has identified opportunities for growth in its outpatient, substance use disorder (SUD) treatment and step-down services, according to a presentation at the Raymond James Annual Institutional Investors Conference. It also […]
Acadia Healthcare
While Acadia Healthcare (Nasdaq: ACHC) is best known for its inpatient behavioral health facilities, the company is looking to diversify with more step-down services. Specifically, the organization is boosting its intensive outpatient programs (IOPs) and partial hospitalization programs (PHPs). These services are often used as a step-down from traditional inpatient care and a step-up from […]
Ideal Option opens new MAT clinic Outpatient addiction treatment provider Ideal Option opened a new clinic in Great Falls, Montanna. The new clinic will provide buprenorphine-based medication-assisted-treatment (MAT) to individuals with substance use disorder (SUD). The American Rescue Plan Act partly funded the new clinic. “The grant funding from the American Rescue Plan Act allows […]
Oklahoma state government breaks ground on 330-bed, $147M project Construction on the Donahue Behavioral Health Campus in Oklahoma City will begin on March 28. The project brings 330 beds to the city with a price tag of $147 million. The hospital will encompass 275 adult beds and 55 pediatric beds. It replaces Griffin Memorial Hospital […]
Acadia (NASDAQ: ACHC) is prioritizing strategic investment in its technology capabilities and comprehensive treatment centers (CTCs) for opioid use disorder. At the JP Morgan Healthcare Conference, Acadia CEO Christopher Hunter said these priorities would “drive the business forward” over the next year. As the largest pure-play behavioral health provider, Acadia sets the tone for the […]
Parity will likely be the defining regulatory issue of 2024 as the behavioral health industry braces for the impact of the Biden administration’s to-be-finalized rule. Still, there is plenty to sort out with just 44 days left in 2023. This includes other pending regulatory issues that could be addressed before the end of the year. […]
Psych Hub appoints new CEO Psych Hub, a Nashville, Tennessee-based mental health education startup, has appointed Scott Healy as its new CEO. Healy previously helped build Care.com, an online marketplace for child care, senior care and other family care services. Most recently, he was the general manager of health care ventures at Ascend Learning, a […]
Acadia Healthcare Co. Inc. (Nasdaq: ACHC) has plans to grow its partial hospitalization programs (PHP) and intensive outpatient programs (IOPs). Acadia’s preparations to weather the Medicaid redetermination storm have paid off and is now seeking to expand its continuum of care to meet increased needs and drive growth, according to its Q3 earnings call. The […]
Acadia Healthcare Co. Inc. (Nasdaq: ACHC) has agreed to pay $400 million to settle three cases filed against the company and former subsidiary Youth and Family Centered Services of New Mexico, which also operated under the name Desert Hills, according to a public SEC filing. In July, a jury awarded $485 million in compensatory and […]
Demand for behavioral health services has skyrocketed in recent years, driving the need for providers and health systems to expand their geographic footprints. In the process, some are finding great success with joint venture partnerships. JV deals have become a key method to meet the rising need for behavioral health services, and hospital systems are […]
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