Behavioral Health Business January 20, 2026
Laura Lovett

After more than a year of declining stock performance, behavioral health giant Acadia Healthcare (Nasdaq: ACHC) has brought back its former CEO, Debbie Osteen, to the role.

Osteen will be taking over from Christopher Hunter, who was first named CEO in April of 2022.

This transition comes as Acadia has faced a number of legal and operational headwinds over the past few years, causing its stock price to fall by more than 70% over the past year.

​“As Acadia continues to take decisive steps to optimize its growth investments and existing portfolio amidst ongoing macro headwinds facing many healthcare providers, the Board believes now is the right time to transition leadership,” Reeve Waud, chairman of Acadia’s board of directors, said...

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Topics: Mental Health, Provider
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