 | |
| Company type | Public |
|---|---|
| Founded | 2005 |
| Headquarters | Franklin, Tennessee, U.S. |
Number of employees | 28,600 (2020) |
| Website | acadiahealthcare |
Acadia Healthcare Company, Inc. is an American provider of behavioral healthcare services. It operates a network of over 225 facilities across the United States and Puerto Rico. [1]
The company was founded in January 2005, and is headquartered in Franklin, Tennessee. [2] [3] More recently, the company had signed a deal with the Florida healthcare system in order to expand its programs. [4]
In 2022 it opened a new children’s hospital in Chicago, a joint venture facility in Knoxville, and two new Comprehensive Treatment Centers. Revenue for the third quarter of the year was $666.7 million, an increase of 13.5% over the third quarter of 2021. It had a network of 242 behavioral healthcare facilities with approximately 10,800 beds in 39 states and Puerto Rico. 300 new beds are planned to be opened during the year. [5]
Acadia operates facilities assisting patients with behavioral problems, PTSD, trauma, eating disorders and substance abuse. [6] In 2022 it had about 22,500 employees and a daily patient census of about 70,000 patients and was said to be the largest pure-play behavioral health company. [7]
In June 2014, Acadia bought Partnerships in Care, a British provider of mental health and social care services, and acquired the mental health assets of Care UK in May 2015. [8]
The company has been investigated by the Competition and Markets Authority in the UK in order to deal with concerns about the impact of its acquisition of Priory Group on competition. It sold 22 behavioral health facilities for £320 million to BC Partners in October 2016. [9]
The Cigna Group is a for-profit American multinational managed healthcare and insurance company based in Bloomfield, Connecticut. Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other groups. Cigna is incorporated in Delaware.
HCA Healthcare is an American for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee, and, as of May 2020, owned and operated 186 hospitals and approximately 2,000 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 21 states and the United Kingdom. As of 2023, HCA Healthcare is ranked #66 on the Fortune 500 rankings of the largest United States corporations by total revenue.
Kindred Healthcare was a post-acute healthcare services company that operated long-term acute-care hospitals and provides rehabilitation services across the United States.
Universal Health Services, Inc. (UHS) is an American Fortune 500 company that provides hospital and healthcare services, based in King of Prussia, Pennsylvania. In 2022, UHS reported total revenues of $13.4b.
Community Health Systems (CHS) is a Fortune 500 company based in Franklin, Tennessee. It was the largest provider of general hospital healthcare services in the United States in terms of number of acute care facilities. In 2014, CHS had around 200 hospitals, but the number had declined to around 85 in 2021.
The Priory Group is a provider of mental health care facilities in the United Kingdom. The group operates at more than 500 sites with over 7,000 beds. Its flagship hospital is the Priory Hospital, Roehampton, which is best known for treating celebrities particularly for drug addiction. The Priory Group also manages schools, some for students with autism spectrum disorders through Priory Education and Children’s Services. Some of its facilities are run by its subsidiary Partnerships in Care. In January 2019 it opened its first overseas school in partnership with the Abu Dhabi Department of Education and Knowledge.
Prime Healthcare Services is a United States privately held healthcare company. It was established in 2001, by chairman and CEO Prem Reddy, MD, and operates 45 hospitals in 14 states. It is affiliated with the nonprofit Prime Healthcare Foundation.
Atrium Health Floyd is a system of health care providers serving Northwest Georgia and Northeast Alabama since 1942. Located in Rome, Georgia, it is Floyd County’s largest employer with over 3,400 employees. It is a part of the Atrium Health system.
The British United Provident Association Limited, trading as Bupa, is a British multinational health insurance and healthcare company with over 43 million customers worldwide.
Northwell Health is a nonprofit integrated healthcare network that is New York State's largest healthcare provider and private employer, with more than 81,000 employees.
Psychiatric Solutions, Inc. was an operator of psychiatric facilities in the United States.
National HealthCare Corporation is an American healthcare services provider. The company was founded in 1971 and is based in Murfreesboro, Tennessee. The services of the company include long-term diverse nursing and rehabilitative care to healthcare centers, facilities and hospitals in 11 states primarily in the southeastern United States. As of December, 2011, the number of the health care centers that are operated by the company reached 75 with a total of 9,456 licensed beds. As of December 2013, the company owns and operates 69 nursing facilities, 15 assisted living centers, 5 living centers with 38 homecare programs.
Private healthcare in the UK, where universal state-funded healthcare is provided by the National Health Service, is a niche market.
Partnerships in Care is a British provider of mental health and social care services.
Teladoc Health, Inc. is a multinational telemedicine and virtual healthcare company headquartered in the United States. Primary services include telehealth, medical opinions, AI and analytics, telehealth devices and licensable platform services. In particular, Teladoc Health uses telephone and videoconferencing software as well as mobile apps to provide on-demand remote medical care.
Medical Properties Trust, Inc., based in Birmingham, Alabama, is a real estate investment trust that invests in healthcare facilities subject to NNN leases. The company owns 438 properties in the United States, Australia, Colombia, Germany, Italy, Portugal, Spain, Switzerland, Finland, and the United Kingdom.
Elysium Healthcare is a private provider of mental health services based in Borehamwood, UK. It was launched in December 2016 and combined sites from the portfolio of Partnerships in Care and The Priory Group when they were sold by Acadia Healthcare. It was owned by BC Partners. In October 2020 Elysium hired JP Morgan to advise on the sale of the business. The price tag was estimated to be circa £900 million. In December 2021 Ramsay Health Care UK bought the company for £775 million.
The private provision of NHS services has been considered a controversial topic since the early 1990s. Keep Our NHS Public, NHS Support Federation and other groups have campaigned against the threat of privatisation, largely in England.
Telehealth refers to the delivery of healthcare services through electronic communication methods, facilitating interactions between healthcare practitioners and patients using devices such as telephones, smartphones, tablets, and computers. It enables patients to engage with healthcare professionals through various means, including telephone calls, secure email, video conferencing, and secure messaging. Additionally, telehealth systems can be utilized by physicians for remote monitoring of patients in their homes.
The States of Guernsey established a Committee for Health & Social Care with effect from 1 May 2016. Its remit is to protect, promote and improve the health and wellbeing of individuals and the community.
