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Acadia Healthcare Company Inc acquires acute inpatient psychiatric facilities in seattle, washington, and riverside, california

Monday, 6 Jan 2014 07:00am EST 

Acadia Healthcare Company Inc:Says acquisition of inpatient psychiatric facilities in Seattle, Washington, and Riverside, California.Says effective, Dec.1, 2013, the company completed the purchase of an acute inpatient psychiatric facility from Highline Medical Center, a nonprofit healthcare system headquartered in Seattle.Says the facility was purchased for $20.0 mln in cash, has a certificate of need for 135 beds and currently operates 63 inpatient psychiatric beds.Says Acadia also purchased the Riverside Center for Behavioral Medicine, a 68-bed acute inpatient psychiatric facility in Riverside, California.Says consideration for this purchase, which was effective Jan. 1 was $10.5 mln in cash.