Seven Acadia Healthcare Facilities Recognized in Newsweek’s 2024 Best Addiction Treatment Center List

Rhea-AI Summary

Acadia Healthcare Company, Inc. (NASDAQ: ACHC) announces that seven of its facilities have been named on Newsweek's list of America's Best Addiction Treatment Centers 2024. The recognized centers are located across five states: Arizona, California, North Carolina, Pennsylvania, and Tennessee. This recognition comes during National Recovery Month and underscores Acadia's commitment to providing high-quality behavioral health and addiction services.

The list, compiled in partnership with Statista, recognizes 400 providers across 25 states based on accreditation data, a national online reputation survey, and Google reviews. Acadia's CEO, Chris Hunter, emphasized the company's focus on expanding access to best-in-class care by enhancing safety, quality, and clinical excellence.

Positive

• Seven Acadia Healthcare facilities recognized in Newsweek's 2024 Best Addiction Treatment Center List
• Recognition spans across five states, demonstrating wide geographical reach
• Acknowledgment reinforces Acadia's position as a leading provider for high-acuity and complex needs patient populations

Negative

• None.

Insights

Market Research Analyst

The recognition of seven Acadia Healthcare facilities in Newsweek's 2024 Best Addiction Treatment Center List is a positive indicator for the company's reputation and market position. This accolade could potentially enhance Acadia's brand value and attract more patients, contributing to revenue growth. However, the direct financial impact may be in the short term.

Investors should note that Acadia's focus on high-acuity and complex needs patient populations positions it well in a growing market segment. The company's commitment to expanding access and enhancing care quality aligns with industry trends and regulatory focus on mental health and addiction treatment. This strategic positioning could lead to long-term market share gains and improved financial performance.

While this news is positive, it's important to consider that the addiction treatment market is competitive and subject to regulatory changes. Investors should monitor Acadia's ability to translate these accolades into tangible financial results and market share growth in the coming quarters.

Healthcare Industry Expert

Acadia Healthcare's recognition in Newsweek's list underscores its strong position in the addiction treatment sector. The company's presence across multiple states indicates a diversified geographic footprint, which can help mitigate regional risks and capitalize on various market opportunities.

The acknowledgment of these facilities during National Recovery Month could potentially boost patient admissions and referrals. However, investors should be aware that the addiction treatment industry faces challenges such as reimbursement pressures and staffing shortages.

Acadia's focus on high-acuity and complex needs patients is noteworthy, as this segment often requires more intensive, longer-term care, potentially leading to higher revenue per patient. The company's emphasis on safety, quality and clinical excellence aligns with value-based care trends, which could position Acadia favorably in negotiations with payers and in attracting partnerships with healthcare systems.

Publication recognizes multiple treatment centers as a top provider in their state

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (NASDAQ: ACHC) is honored to share that seven of its facilities were named on Newsweek’s list of America’s Best Addiction Treatment Centers 2024. Many of these treatment centers have earned a spot on this prestigious list in the past as well.

The recognized addiction centers are located across five states:

• Arizona: Sierra Tucson
• California: Bayside Marin Treatment Center & Azure Acres Recovery Center
• North Carolina: Wilmington Treatment Center
• Pennsylvania: Pocono Mountain Recovery Center & Bradford Recovery Center
• Tennessee: Mirror Lake

Particularly in light of National Recovery Month this September, Acadia is proud of these facilities – and all those across the Acadia network – which offer high-quality care to people in need of behavioral health and addiction services.

“It is an honor to have multiple Acadia treatment centers recognized by Newsweek on this distinguished list,” said Acadia Chief Executive Officer, Chris Hunter. “These facilities embody our purpose to Lead Care With Light by providing high-quality care and positive outcomes to thousands of patients every year. As the leading provider for high-acuity and complex needs patient populations, Acadia is focused on expanding access to best-in-class care by continually enhancing safety, quality and clinical excellence. This recognition underscores our ongoing commitment to all those we serve.”

Newsweek has partnered with Statista, a global market research and consumer data firm, for the fifth year in a row to provide readers with a comprehensive list of high-quality treatment facilities. The America’s Best Addiction Treatment Centers 2024 list recognizes 400 providers across 25 states as the top addiction treatment facilities in the country.

Rankings are based on accreditation data provided by the Substance Abuse and Mental Health Services Administration (SAMHSA) and information gathered from a national online reputation survey that was completed by more than 4,000 medical professionals and administrators in the field. Google reviews were also taken into consideration as a way of gathering information about patient experience.

The states that were included in this year’s list are those that have the highest number of addiction treatment centers, according to SAMHSA.

You can find more details and the complete list at America's Best Addiction Treatment Centers 2024 - Newsweek. For additional detail on Acadia Healthcare’s commitment to quality care, please click here.

About Acadia Healthcare

Acadia (NASDAQ: ACHC) 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 approximately 23,500 employees serving more than 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. For more information, please visit AcadiaHealthcare.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240906120866/en/

Tim Blair (media)

Acadia Healthcare

(615) 861-6000

Source: Acadia Healthcare Company, Inc.

FAQ

How many Acadia Healthcare facilities were recognized in Newsweek's 2024 Best Addiction Treatment Center List?

Seven Acadia Healthcare facilities were recognized in Newsweek's 2024 Best Addiction Treatment Center List.

In which states are the recognized Acadia Healthcare addiction treatment centers located?

The recognized Acadia Healthcare addiction treatment centers are located in Arizona, California, North Carolina, Pennsylvania, and Tennessee.

What criteria were used to compile Newsweek's America's Best Addiction Treatment Centers 2024 list?

The list was compiled based on accreditation data from SAMHSA, a national online reputation survey completed by medical professionals and administrators, and Google reviews for patient experience.

How does this recognition align with Acadia Healthcare's (ACHC) business strategy?

The recognition aligns with Acadia Healthcare's focus on expanding access to best-in-class care by enhancing safety, quality, and clinical excellence, reinforcing its position as a leading provider for high-acuity and complex needs patient populations.