Acadia Healthcare
#2725
Rank
$5.18B
Marketcap
United States
Country
Mr. David M. Duckworth (Chief Financial Officer)
Mr. John S. Hollinsworth (Exec. VP of Operations)
Mr. Christopher L. Howard (Exec. VP, Gen. Counsel & Sec.)
Summary
Acadia Healthcare Company, Inc. provides behavioural healthcare services in the United States and Puerto Rico. The company offers behavioural healthcare services to its patients in various settings, including inpatient psychiatric hospitals, speciality treatment facilities, residential treatment centres, and outpatient clinics.
As of March 31, 2022, it operated a network of 238 behavioural healthcare facilities with approximately 10,600 beds. The company was founded in 2005 and is headquartered in Franklin, Tennessee.
History
Acadia Healthcare was founded in 2005 by Joey Jacobs, a mental healthcare executive and investor. The company specializes in providing behavioural health services to individuals in need, including inpatient and residential care, residential treatment, and outpatient services.
In its first year, the company established its first five facilities, and by 2010, had grown to include more than 100 facilities across the United States, the United Kingdom, and Puerto Rico. In 2011, the company went public, raising $300 million in an initial public offering.
In 2017, the company acquired Priory Group, a specialty mental health and substance abuse provider in the United Kingdom, and expanded its network of services. Since then, the company has grown significantly, now operating more than 500 facilities in 40 states and the United Kingdom, providing a wide range of mental health and addiction services, including substance abuse treatment, psychiatric care, and eating disorder treatment. In addition, the company has acquired several other behavioural health companies, including Foundations Recovery Network and CRC Health Group, both of which specialize in addiction treatment.
Acadia Healthcare has also expanded its services to include a variety of wellness offerings, such as yoga and nutrition counselling, as well as telehealth services, which allow patients to receive treatment from the comfort of their own homes. In 2020, the company launched its first mobile app, which provides users with a range of mental health resources, including personalized assessments, treatment options, and more.
Acadia Healthcare continues to strive to improve the lives of those in need of mental health services and is committed to providing quality, accessible care to its patients.
Mission
“Our mission is to create a world-class organization that sets the standard of excellence in the treatment of speciality behavioural health and addiction disorders. To our clients, we are committed to the creation of behavioural health centres where people receive individualized and quality care that enables them to regain hope in a supportive, caring environment.”
Vision
“To be recognized as the behavioural health leader – characterized by our common: Understanding of and sensitivity to our patients and their families; Appreciation and practical integrated application of the most current practices of psychotherapy, psycho-dynamic clinical care, and psycho-education.”
Key Team
Mr. Laurence L. Harrod (Exec. VP of Fin.)
Mr. Christopher Howal Hunter (CEO & Director)
Gretchen Hommrich (VP of Investor Relations)
Mr. Andrew Honeybone (Sr. VP & Chief HR Officer)
Ms. Isa Diaz (Sr. VP of Strategic Affairs)
Dr. Michael Genovese J.D., M.D. (Chief Medical Officer)
Mr. David M. Keys CFA (Chief Devel. Officer)
Recognition and Awards
References
https://en.wikipedia.org/wiki/Acadia_Healthcare
https://in.investing.com/equities/acadia-healthcare
https://finance.yahoo.com/quote/ACHC/profile?p=ACHC
https://www.comparably.com/companies/acadia-healthcare/mission
https://www.crunchbase.com/organization/acadia-healthcare
https://sec.report/CIK/0001520697
https://companiesmarketcap.com/
https://www.acadiahealthcare.com
Mr. David M. Duckworth (Chief Financial Officer)
Mr. John S. Hollinsworth (Exec. VP of Operations)
Mr. Christopher L. Howard (Exec. VP, Gen. Counsel & Sec.)