Behavioral Health Business March 28, 2024
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 use disorders (MOUDs) to treat opioid use disorders (OUDs).
Acadia recognized a “historic” opportunity for public entities and the private sector to expand access to care in light of the federally-funded State Opioid Response (SOR) grants and the announced opioid settlement funds, according to Dr. Nasser Khan, operations group president for Acadia’s CTC business.
“We felt that the nature of the settlement funding processes...
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