Here is a description of Acadia Healthcare from it's parent company Waud Capital LLC
http://www.waudcapital.com/portfolio/po ... cadia.html
Acadia Healthcare Company, L.L.C.
WCP established Acadia Healthcare Company, L.L.C. to acquire, develop and operate a network of behavioral health centers. Acadia provides world-class psychiatric care to its patients in a variety of settings, including behavioral health schools, camps and inpatient psychiatric facilities (“IPFs”). Behavioral health camps and schools provide therapy and education to troubled adolescents. IPFs provide acute psychiatric care to children, adolescents, adults and seniors. Most children and adolescents are treated in less intensive IPF settings known as residential treatment centers while patients with serious mental illness receive 24-hour acute care. People are either referred to a behavioral health center by their physician, psychiatrist or
educational consultant, or identify a facility by its general advertisement. Common ailments treated include ADHD, phobias, intermittent explosive disorder, panic disorder, major depressive disorder, bipolar disorder and alcohol/drug abuse. Acadia Healthcare’s mission is to create behavioral health centers where people receive care that enables them to regain hope in a supportive, caring environment.
Waud's portfolio
http://www.waudcapital.com/portfolio/default.htmThe formal announcement has been made.
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Acadia Healthcare Announces Acquisition of Peninsula Village Residential Treatment Center
ATLANTA--(BUSINESS WIRE)--Acadia Healthcare (Acadia) today announced the acquisition of Peninsula Village from Parkwest Medical Center, Knoxville, TN. Financial terms of the deal were not disclosed.
Peninsula Village, a 145-bed residential treatment center located in Louisville, TN, is a residential treatment center serving adolescents ages 13-17 suffering from emotional and/or behavioral disorders who have not responded to less intensive treatment approaches. The facility’s name will change to The Village. Under Acadia ownership, The Village will look to continue to provide the same level of commitment to quality care that has been a hallmark at Peninsula Village for over 20 years.
“Acadia has extensive experience in the provision and treatment of adolescent residential services and is excited to add The Village to its family of services,” said Trey Carter, President and CEO of Acadia. “Village employees will become Acadia employees and business will proceed as normal to ensure a seamless transition for patients, families and employees.” “It is a pleasure to announce the completion of this acquisition and we look forward to welcoming The Village to the Acadia family.”
About Acadia – Headquartered in Atlanta, Acadia Healthcare was established in January 2006 to develop and operate a network of behavioral health centers across the country. Acadia facilities provide premier psychiatric and chemical dependency services to its patients in a variety if settings, including inpatient psychiatric hospitals, residential treatment centers and outpatient clinics and therapeutic school-based programs.
Contacts
Acadia Healthcare, LLC
Karen Prince, 678-324-5000
Chief Operating Officer