Despite the growing popularity of outpatient care within the behavioral health industry, Acadia Healthcare (Nasdaq: ACHC) remains bullish about the acute care setting. As Acadia’s largest services line, acute care accounts for about 47% of the behavioral health giant’s US revenue. And it seems demand and opportunities in the acute care space are only on […]
Category: Residential
Monte Nido expands into second Southeastern state Monte Nido & Affiliates has opened a new residential eating disorder treatment center in Georgia. With the new facility, which is located just outside of Atlanta, the provider has planted its second flag in the Southeast. Malibu, California-based Monte Nido is a private equity-backed eating disorder treatment provider […]
Ashley Addiction Treatment is getting back to its co-leadership roots while also branching out into new directions, especially when it comes to its portfolio of offerings. Earlier this month, the substance use disorder (SUD) treatment provider announced that executives Alex Denstman and Greg Hobelmann are being jointly promoted to the company’s top position. They’ll take […]
In late April, on his birthday, Michael Pickering — executive director of RAP, Inc. — got an unexpected surprise. It wasn’t a good one. One of RAP’s substance use disorder (SUD) patients had become symptomatic with COVID-19. From there, things snowballed, with two dozen patients and staff testing positive for the coronavirus in the days […]
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