Acadia Healthcare Company, Inc. announced on October 15 the acquisition of three opioid treatment program clinics in South Carolina, which provide treatment for people seeking recovery from opioid use disorder. The clinics were formerly the opioid treatment programs of Recovery Concepts, Recovery Concepts of the Carolina Upstate and Clear Skye Treatment Center.
Acadia is a leading provider of behavioral healthcare services across the United States. As of June 30, 2024, Acadia operated a network of 258 behavioral healthcare facilities with approximately 11,400 beds in 38 states and Puerto Rico. With more than 23,500 employees serving approximately 75,000 patients daily, Acadia is the largest stand-alone behavioral health company in the United States. According to its FY 2023 financial report, Acadia had annual revenue of $2.93 billion during FY 2023.
The clinics will be rebranded within Acadia’s comprehensive treatment center (CTC) service line as Clinton Comprehensive Treatment Center, Easley Comprehensive Treatment Center and Ridgeland Comprehensive Treatment Center.
These facilities are Acadia’s first CTCs in South Carolina and offer care to all patients, including those covered by Medicaid. Earlier this year, Acadia acquired three CTCs in North Carolina. Acadia’s CTC division now operates 165 brick-and-mortar locations treating more than 72,000 patients daily across 33 states nationwide.
According to data captured in the LevinPro HC database, this acquisition represents the 52nd Behavioral Health Care (BHC) transaction of 2024, and the 13th announced in the substance use disorder treatment specialty. In comparison to last year, there were 64 BHC and 18 substance use disorder treatment deals announced between January 1, 2023, and October 15, 2023.
