Market Overview

Acadia Healthcare Acquires 50-Bed Inpatient Psychiatric Facility from South Georgia Medical Center

Acadia Healthcare (NASDAQ: ACHC) today announced the
purchase of Greenleaf Center, a 50-bed acute inpatient psychiatric
facility in Valdosta, GA. Acadia purchased the facility in a transaction
that was completed January 1, 2013, from South Georgia Medical Center, a
non-profit health system.

“We are pleased to begin 2013 with the purchase of a high quality acute
inpatient psychiatric facility,” commented Joey Jacobs, Chairman and
Chief Executive Officer of Acadia. “We welcome the experienced and
professional staff of Greenleaf Center to the Acadia team, and we expect
that, with annual revenues of approximately $7 million, this facility
will have an accretive impact on our 2013 earnings per share. In
addition, this transaction is our

See full press release

Posted-In: News Guidance Management M&A Global

 

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