Acadia Healthcare Names Laura Groschen Company’s New Chief Information Officer

Rhea-AI Summary

Acadia Healthcare Company (NASDAQ: ACHC) has appointed Laura Groschen as its new Chief Information Officer (CIO). With over 25 years of experience, including significant roles at Medtronic and United Health Group, Groschen will lead Acadia’s IT strategy to enhance digital transformation in behavioral health services. CEO Chris Hunter expressed confidence in her ability to drive innovation. Acadia operates 246 facilities with approximately 10,800 beds in 39 states and Puerto Rico, serving 75,000 patients daily, making it the largest stand-alone behavioral healthcare company in the U.S.

Positive

• Laura Groschen brings 25+ years of IT and business leadership experience.
• Her previous roles include CIO at Medtronic and United Health Group.
• The appointment is expected to enhance Acadia's digital transformation initiatives.
• The company operates 246 facilities and serves approximately 75,000 patients daily, reinforcing its market position.

Negative

• None.

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that Laura Groschen has joined Acadia as the Company’s new Chief Information Officer (CIO). In this role, she will shape and advance the Company’s information technology (IT) strategy, driving continued digital transformation across Acadia’s scaled behavioral health capabilities. As a new member of the Company’s executive leadership team, Groschen will report to Chris Hunter, Chief Executive Officer.

Laura Groschen has joined Acadia as the new Chief Information Officer (CIO). (Photo: Business Wire)

Groschen joins Acadia with over 25 years of experience driving strategic transformation at large healthcare and consumer-focused IT organizations. She most recently served as the Business Unit CIO of Medtronic, a $30 billion global healthcare solutions company, where she led a team supporting information and technology for 20 operating units and global business functions across Medtronic’s locations in 150 countries. With a focus on optimizing business outcomes through technology investments, she also led Medtronic’s IT strategy for mergers, acquisitions and divestures. Prior to Medtronic, she was Business Unit CIO for United Health Group where she led a $4 billion annual revenue practice implementing technology solutions for federal and state governments in support of the Affordable Care Act. Groschen previously held several executive leadership roles for Wells Fargo & Company.

“We are delighted to welcome Laura Groschen to the Acadia executive leadership team in this important new role,” said Hunter. “She brings the right complement of IT and business leadership experience and a strong history of leveraging technology and supporting a culture of innovation for leading healthcare companies. As Acadia continues to grow, we are committed to creating and implementing best-in-class IT solutions that will further enhance the delivery of care and support the patients we serve. Laura will be an integral part of this transformation, and we are excited about our renewed IT focus as we continue to execute our growth strategy.”

About Acadia Healthcare

Acadia is a leading provider of behavioral healthcare services across the United States. Acadia operates a network of 246 behavioral healthcare facilities with approximately 10,800 beds in 39 states and Puerto Rico. With more than 22,500 employees serving approximately 75,000 patients daily, Acadia is the largest stand-alone behavioral healthcare 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230103005504/en/

Gretchen Hommrich

Vice President, Investor Relations

(615) 861-6000

Source: Acadia Healthcare Company, Inc.

FAQ

Who is the new Chief Information Officer of Acadia Healthcare?

Laura Groschen has been appointed as the new Chief Information Officer of Acadia Healthcare.

What are Laura Groschen's previous roles before joining Acadia?

Before joining Acadia, Laura Groschen served as Business Unit CIO at Medtronic and United Health Group.

How many behavioral healthcare facilities does Acadia operate?

Acadia operates 246 behavioral healthcare facilities across the United States and Puerto Rico.

What is Acadia Healthcare's stock symbol?

Acadia Healthcare trades under the stock symbol ACHC on NASDAQ.

How many patients does Acadia serve daily?

Acadia serves approximately 75,000 patients daily across its facilities.