Profile: Acadia Healthcare Company Inc (ACHC.O)
26 Jun 2017
Acadia Healthcare Company, Inc., incorporated on October 24, 2005, is a provider of behavioral healthcare services, with operations in the United States and the United Kingdom. The Company focuses on acquiring and developing behavioral healthcare facilities. The Company operates through two segments: U.S. Facilities and U.K. Facilities. The Company is engaged in operating acute inpatient psychiatric facilities, specialty treatment facilities, residential treatment centers and facilities providing outpatient behavioral healthcare services. As of December 31, 2016, the U.S. Facilities segment included 208 behavioral healthcare facilities with approximately 8,500 beds in 39 states and Puerto Rico, and the U.K. Facilities segment included 365 behavioral healthcare facilities with approximately 8,600 beds in the United Kingdom. As of December 31, 2016, the Company had operated 573 behavioral healthcare facilities with approximately 17,100 beds in 39 states, the United Kingdom and Puerto Rico.
The Company's U.S. Facilities and services can be classified into the categories, including acute inpatient psychiatric facilities; specialty treatment facilities; residential treatment centers, and outpatient community-based services. Acute inpatient psychiatric facilities provide a level of care in order to stabilize patients that are either a threat to themselves or to others. The acute setting provides 24-hour observation, daily intervention and monitoring by psychiatrists. Its facilities that offer acute care services provide evaluation and crisis stabilization of patients with severe psychiatric diagnoses through a medical delivery model that incorporates structured and intensive medical and behavioral therapies with 24-hour monitoring by a psychiatrist, psychiatric trained nurses, therapists and other direct care staff.
The Company's specialty treatment facilities include residential recovery facilities, eating disorder facilities and CTCs. The Company provides a continuum of care for adults with addictive disorders and co-occurring mental disorders. It offers detoxification, inpatient, partial hospitalization and outpatient treatment programs. All programs offer individualized treatment in a supportive and nurturing environment. The majority of its specialty treatment services are provided to patients abusing addictive substances, such as alcohol, illicit drugs or opiates, including prescription drugs. Some of its facilities also treat other addictions and behavioral disorders, such as chronic pain, sexual compulsivity, compulsive gambling, mood disorders, emotional trauma and abuse. Its treatment facilities provide a range of different treatment services, such as assessment, detoxification, medication-assisted treatment, counseling, education, lectures and group therapy. The Company assesses and evaluates the medical, psychological and emotional needs of the patient and address these needs in the treatment process.
The Company's inpatient facilities house and care for patients over an extended period and typically treat patients from a defined regional market. As of December 31, 2016, the Company had provided three basic levels of residential treatment depending on the severity of the patient's addiction and/or behavioral disorder. Its eating disorder facilities provide treatment services for eating disorders and weight management. Its CTCs specialize in providing medication-assisted and abstinent-based treatment. Medication-assisted treatment combines behavioral therapy and medication to treat substance use disorders. CTCs utilize medication-assisted treatment to individuals addicted to opiates, such as opioid analgesics (prescription pain medications) and heroin. Each of its CTCs provide a range of substance abuse treatment support services that include medical, counseling, vocational, educational, and other treatment services. ITs behavioral therapies are delivered in array of treatment models that may include individual and group therapy, intensive outpatient, outpatient, partial hospitalization/day treatment, road to recovery, and other programs that can be either abstinent or medication assisted-based.
The Company provides residential treatment care through a medical model residential treatment facility, which offers interventions and individualized treatment regimens designed to deal with moderate to high level patient acuity. Children and adolescents admitted to these facilities typically have had multiple prior failed treatment plans, severe physical, sexual and emotional abuse, termination of parental custody, substance abuse, marked deficiencies in social, interpersonal and academic skills and a range of psychiatric disorders. Treatment typically is provided by an interdisciplinary team coordinating psychopharmacological, individual, group and family therapy, along with specialized accredited educational programs in both secure and unlocked environments. Certain of its residential treatment centers provide group home, therapeutic group home and therapeutic foster care programs. The Company's group home programs provide family-style living for youths in a single house or apartment within residential communities where supervision and support are provided by 24-hour staff.
The Company's community-based services can be divided into two age groups: children and adolescents (seven to 18 years of age) and young children (three months to six years of age). Community-based programs are designed to provide therapeutic treatment to children and adolescents having a clinically defined emotional, psychiatric or chemical dependency disorder while enabling the youth to remain at home and within their community. Community-based programs developed for these age groups provide an array of therapeutic services to a very high-risk population of children. These children suffer from severe congenital, neurobiological, speech/motor and early onset psychiatric disorders. These services are provided in clinics and employ a treatment model that is consistent with its interdisciplinary medical treatment approach. Depending on their individual needs and treatment plan, children receive speech, physical, occupational and psychiatric interventions that are coordinated with services provided by their referring primary care physician.
The Company is an independent provider of mental health services in the United Kingdom. In the United Kingdom, the Company provides inpatient services through a range of facilities, including mental health hospitals, clinics, care homes, schools, colleges and children's homes. In addition to these services, it also operates a United Kingdom division that leverages on its clinical knowledge to provide Employee Assistance Programs (EAP) to organizations. The Company's the United Kingdom facilities and services can generally be classified into the categories, including healthcare facilities, education and children's services, adult care facilities and elderly care facilities. In the United Kingdom, mental health hospitals provide psychiatric treatment and nursing for sufferers of mental disorders, including for patients detained under a section of the United Kingdom's Mental Health Act of 1983, and whose risk of harm to others and risk of escape from hospitals cannot be managed safely within other mental health settings. The levels of dependency and risk stemming from the range of disorders treated at these hospitals determine the level of care provided, which are consisting of Secure Services, Specialty Treatment Services, Child and Adolescent Mental Health Services, Rehabilitation Services, Acute Services and Care Homes.
The Company's Specialty treatment services provide treatment relating to specific conditions, including eating disorders and addiction. Its eating disorder facilities provide treatment services for eating disorders and weight management for both adults and adolescents. Its addiction services provide treatment for abuse of addictive substances, such as alcohol and illicit drugs, as well as facilities for other addictions and behavioral disorders, such as compulsive gambling. Child and adolescent mental health services provide treatment to young people in need of care and support for behavioral, emotional or mental health difficulties. These services are designed to enable the children and young people within its care to improve their long-term wellbeing and reintegrate into the community when they are ready. Both locked and open mental health rehabilitation services provide a bridge between secure hospital facilities and community living by providing relapse prevention and social integration services, as well as vocational opportunities.
The Company's Acute services provide treatment relating to emergency admissions for patients at risk to themselves or others, as well as crisis intervention and treatment of behavioral emergencies. The Company's Care homes provide long-term, non-acute care for adults suffering from a mental illness or addiction, or having a learning disability or brain injury and are unable to cope unsupported in the community. The Company's other services include Education and Children's Services, Adult Care, Elderly Care and Care First. Education and children's services provide specialist education for children and young people with special educational needs, including autism, Asperger's Syndrome, social, emotional and mental health, and specific learning difficulties, such as dyslexia. The division also offers standalone children's homes for children that require 52-week residential care to support complex and challenging behavior and fostering services.
The Company's Adult Care focuses on care of service users with a range of learning difficulties, mental health illnesses and adult autism spectrum disorders. Care is provided in a range of settings, including in residential care homes and through supported living. Elderly care provides long-term, short-term and respite nursing care to high-dependency elderly individuals with physically frail or suffering from dementia. Care First leverages its clinical knowledge to provide EAP to organizations. These support services are designed to help employees manage difficult issues in their professional or personal lives with services that include a call center for telephone counseling available around the clock; a national network of counselors available for live, face-to-face support; interactive health and wellness programs; debt management advice services, and management training.
The Company competes with Universal Health Services and National Health Service.
Acadia Healthcare Company Inc
6100 Tower Cir Ste 1000
FRANKLIN TN 37067-1509
Company Web Links
- BRIEF-Acadia Healthcare files for potential stock shelf offering size undisclosed
- Bain Capital raises $720 million for life sciences fund
- Bain Capital raises $720 million for life sciences fund
- BRIEF-Acadia Healthcare amends Credit Facility for interest expense savings of about $3.6 mln annually
- BRIEF-Acadia Healthcare reports Q1 earnings per share $0.40