Behavioral Health Business June 7, 2023
Acadia Healthcare Co. Inc. (Nasdaq: ACHC) will continue its steady growth as behavioral health patient acuity increases.
On Wednesday, Acadia Healthcare CEO Chris Hunter and outgoing CFO David Duckworth described the company’s expansion plans during an appearance at the 2023 Jefferies Global Healthcare Conference. In short, Franklin, Tennessee-based Acadia, has positioned itself as a key partner to leading hospital systems struggling to meet behavioral health demands.
“Those that are coming to us for behavioral health treatment are increasingly sicker and sicker,” Hunter said. “More key health systems are coming to us with the recognition that this (behavioral health) is all we do.
“As they are frequently struggling to get some of these patients out of their ERs and to treat...