Integrating service lines is a crucial priority for behavioral health provider Acadia Healthcare (Nasdaq: ACHC). Acadia is the largest behavioral health provider in the country and offers inpatient and outpatient mental health care, substance use disorder services, eating disorder care and various other offerings. Acadia CEO Chris Hunter noted that patients in their care often […]
Acadia Healthcare
American veterans are estimated to die by suicide at a rate 57% higher than their civilian counterparts. The specific lived experiences of veterans and their families come with peculiar stressors. And while the data on veteran behavioral health is mixed, the elevated prevalence of suicide among veterans is undeniable. Several behavioral health organizations have or […]
Behavioral health behemoth Acadia Healthcare (Nasdaq: ACHC) announced the appointment of a new chief operating officer, a role the company did not previously include in its C-suite. Dr. Nasser Khan, the operations group president for Acadia Healthcare’s comprehensive treatment center (CTC) business line, will assume the chief operating officer role on June 30, according to […]
Outpatient behavioral health could be a new growth avenue for behavioral health giant Acadia Healthcare (Nasdaq: ACHC). The operator, which has a substantial footprint in inpatient mental health care and comprehensive treatment centers (CTCs) for addiction treatment, is now turning its attention to partial hospitalization programs (PHPs) and intensive outpatient programs (IOPs). Both PHPs and […]
While Acadia Healthcare (NASDAQ: ACHC) saw a slow start to 2024, its leadership said that an improving labor market and rate improvements are tailwinds for the rest of the year. The first quarter of 2024 was plagued by weaker-than-anticipated patient volumes, which leadership attributed primarily to seasonality, and lower-than-expected admission rates in its military specialty […]
Many obstacles can hinder access to opioid treatment, including stigma, insufficient clinician training and lack of a care continuum. A new partnership between Acadia Healthcare (Nasdaq: ACHC) and Uber Health (NYSE: UBER) is tackling a crucial but less discussed barrier: transportation. “We talk a lot in this industry about access to care from a lot […]
Alsana names behavioral health vet CEO Eating disorder recovery provider Alsana has named Allan Benham its new CEO. Benham most recently served as chief operating officer at trauma, mental health and addiction provider Meadows Behavioral Healthcare. “My passion for changing lives through recovery and for patients struggling with eating disorder behaviors patient aligns with Alsana’s […]
Concerns that changing methadone prescription laws will materially impact behavioral health providers are overblown, according to an analyst note from Jefferies Financial Group. The relaxed buprenorphine laws have not substantially increased prescriptions. Therefore, on the business side, the softened methadone prescription regulations would not cause providers such as Acadia Healthcare (Nasdaq: ACHC) to lose a […]
Behavioral health operator Acadia Healthcare (Nasdaq: ACHC) is executing its strategic M&A plan for 2024 with the announcement of three new acquisitions. Franklin, Tennessee-based Acadia acquired three comprehensive treatment centers (CTCs) in North Carolina, bringing its number of CTC locations in the state to 10. The treatment centers combine behavioral therapy and medications for opioid […]
Staffing challenges plagued the behavioral health workforce in the wake of the COVID-19 pandemic, but the employment environment might be improving for operators. In 2023, 53% of behavioral health insiders said that staff was the biggest challenge in the industry, which dropped to 42% in 2024, according to a Behavioral Health Business survey. Several tailwinds […]
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