In its latest agreement, Acadia has partnered with Saint Thomas Health in Nashville, Tenn., on a new freestanding psychiatric inpatient hospital, projected to include 40 adult beds and 36 geriatric beds.
The grim statistics on overdose deaths should prompt solutions. However—always being the advocate for the underdog—I hope that in our opioid anxiety, we don’t cheat the programs that support individuals with alcohol use disorders.
Management services organizations, employee stock ownership plans and real estate investment trusts are just a few of the lesser-known options that owners might consider in lieu of a total private equity sale.
Just over half of treatment center organizations say they don’t have succession plans in place. But experts believe succession planning can better prepare businesses to quickly adapt to an ever-evolving market.