Behavioral Health Business March 5, 2024
Acadia Healthcare (Nasdaq: ACHC) is focused on value-based care as it invests in technology and expands its service lines.
Franklin, Tennessee-based mental health operator Acadia has identified opportunities for growth in its outpatient, substance use disorder (SUD) treatment and step-down services, according to a presentation at the Raymond James Annual Institutional Investors Conference. It also envisions technological advancements as a catalyst for immediate and long-term gains and a path to value-based care.
Chris Hunter, CEO of Acadia, said it was a “matter of when, not if,” Acadia would engage in value-based care plans.
“It’s why we’ve been making these investments in technology and quality,” Hunter said. “And not just electronic health records (EHRs), but patient monitoring and staff safety as...