Acadia Healthcare Company, Inc., was founded in December 2005 and incorporated in Delaware. It provides behavioral health care services in the United States. The Company acquires and develops inpatient behavioral healthcare facilities and improves operating results within its inpatient facilities and its other behavioral healthcare operations. At December 31, 2013, the Company operated 51 behavioral healthcare facilities with approximately 4,200 licensed beds in 23 states and Puerto Rico. During the year ended December 31, 2013, the Company acquired seven facilities with an aggregate of 694 licensed beds including a 75-bed facility under construction, which opened on October 1, 2013. In addition, the Company added 325 new beds during the year ended December 31, 2013, including opening two newly-developed facilities with a combined 102 licensed beds. The Company's competitors include other behavioral health service companies, including UHS, Aurora Behavioral Health Care and Ascend Health Corporation. It receives payments from the following sources, or services rendered in its facilities: state governments under their respective Medicaid programs and otherwise; private insurers, including managed care plans; the federal Medicare Program; and directly from other payors including individual patients and clients.