Acadia Healthcare Forms Joint Venture With Orlando Health
02 December 2021 - 4:00AM
Business Wire
Acadia enters the Orlando market bringing its
industry best practices to residents in need
Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced
that it has formed a joint venture with Orlando Health, one of
Central Florida’s premier health systems. With Acadia’s
partnership, Orlando Health will expand inpatient and outpatient
programs, enhance community outreach activities, improve patient
experience, and develop new comprehensive psychiatric strategies
across its entire healthcare system.
“Acadia is proud to be partnering with Orlando Health to provide
critical services to individuals and families in Orlando and the
surrounding communities,” said Debbie Osteen, Chief Executive
Officer of Acadia Healthcare. “This joint venture expands our acute
service line into Orlando, one of the fastest growing cities in the
U.S. It is our 14th partnership. We will continue to seek
partnerships with premier health systems across the country who
share our commitment to provide healing and hope to those in
need.”
“We take great pride in providing the full continuum of care to
our patients,” said Gregory P. Ohe, Senior Vice President,
Ambulatory and Post-Acute Services, Orlando Health. “This
partnership sets us on a strategic path to meet the current and
future behavioral health needs in the communities we serve.”
Acadia, like Orlando Health, takes great pride in being a strong
community partner, collaborating with many organizations, hospitals
and first responders in the regions it services. Under the
agreement, Acadia will assume management responsibilities for the
behavioral health program at Orlando Health South Seminole
Hospital.
About Acadia Healthcare
Acadia is a leading provider of behavioral healthcare services
across the United States. As of September 30, 2021, Acadia operated
a network of 230 behavioral healthcare facilities with
approximately 10,200 beds in 40 states and Puerto Rico. With more
than 20,000 employees serving approximately 70,000 patients daily,
Acadia is the largest stand-alone behavioral health company in the
U.S. Acadia provides behavioral healthcare services to its patients
in a variety of settings, including inpatient psychiatric
hospitals, specialty treatment facilities, residential treatment
centers and outpatient clinics.
About Orlando Health
Orlando Health, headquartered in Orlando, Florida, is a
not-for-profit healthcare organization with $7.6 billion of assets
under management that serves the southeastern United States.
Founded more than 100 years ago, the healthcare system is
recognized around the world for its pediatric and adult Level One
Trauma program as well as the only state-accredited Level Two Adult
Trauma Center in the St. Petersburg region. It is the home of the
nation’s largest neonatal intensive care unit under one roof, the
only system in the southeast to offer open fetal surgery to repair
the most severe forms of spina bifida, the site of an Olympic
athlete training facility and operator of one of the largest and
highest performing clinically integrated networks in the region.
Orlando Health has pioneered life-changing medical research and its
Graduate Medical Education program hosts more than 350 residents
and fellows. The 3,200-bed system includes 16 wholly-owned
hospitals and emergency departments; rehabilitation services,
cancer and heart institutes, imaging and laboratory services, wound
care centers, physician offices for adults and pediatrics, skilled
nursing facilities, an in-patient behavioral health facility, home
healthcare services in partnership with LHC Group, and urgent care
centers in partnership with FastMed Urgent Care. Nearly 4,500
physicians, representing more than 90 medical specialties and
subspecialties have privileges across the Orlando Health system,
which employs more than 23,000 team members. In FY21, Orlando
Health served nearly 160,000 inpatients and nearly 3.6 million
outpatients. During that same time period, Orlando Health provided
approximately $648 million in total value to the communities it
serves in the form of charity care, community benefit programs and
services, community building activities and more. Additional
information can be found at http://www.orlandohealth.com, or follow
us on LinkedIn, Facebook, Instagram and Twitter @orlandohealth.
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Gretchen Hommrich Acadia Healthcare (615) 861-6000
Acadia Healthcare (NASDAQ:ACHC)
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