Acadia News
NEWS RELEASE
November 2nd, 2009
Acadia Healthcare Announces Acquisition of Peninsula Village Residential Treatment Center
Atlanta, GA -- 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 The 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.
| Contact: |
Acadia Healthcare, LLC Karen Prince, 678-324-5000 Chief Operating Officer | |
| Source: | Acadia Healthcare, LLC |
September 15, 2008
Acadia Healthcare Announces Acquisition of RiverWoods Psychiatric Facility
Atlanta, GA -- Acadia Healthcare (Acadia) today announced the acquisition of RiverWoods Psychiatric Facility from Southern Regional Health System. Financial terms of the deal were not disclosed.
RiverWoods, a 45-bed inpatient psychiatric facility located in the Southern Crescent region of Atlanta, is a freestanding behavioral health facility serving both Adults and Adolescents. Under Acadia ownership, RiverWoods Behavioral Health System will look to expand programs and services on the campus with the addition of a full continuum of outpatient services.
"Acadia has extensive experience in the Atlanta market and we are committed to providing premier psychiatric and chemical dependency services in Atlanta," said Trey Carter, President and CEO of Acadia. "We will continue to provide a full range of behavioral health services at RiverWoods while ensuring a seamless transition to Acadia ownership for patients, families and employees." " It is a pleasure to announce the completion of this acquisition and we look forward to welcoming RiverWoods 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.
| Contact: |
Acadia Healthcare, LLC Karen Prince, 678-324-5000 Chief Operating Officer | |
| Source: | Acadia Healthcare, LLC |