Arcadia partners with Ascension Seton to expand Austin behavioral health presence

Franklin, Tennessee. – Arcadia Healthcare (Nasdaq: ACHC) and Ascension Seton announced a joint venture that will enhance behavioral health services in Austin, Texas. The partnership aims to expand Arcadia’s presence at Cross Creek Hospital, adding a 106-bed facility, bringing the total to 196 beds when it opens in late 2024.

The planned expansion aligns with both organizations’ commitment to providing high-quality, compassionate care. The new hospital, to be named Cross Creek Hospital along with Ascension Seton, will serve as a training site for medical students and residents at the University of Texas at Austin Dell Medical School.

This is the second joint venture between Arcadia and Ascension, following the opening of Ascension St. Thomas Behavioral Health Hospital in Nashville, Tennessee, in 2020.

Acadia Healthcare CEO Chris Hunter expressed pride in the strengthened relationship with Ascension and emphasized the partnership’s role in delivering day-to-day behavioral health care. Arcadia currently has 21 joint venture partnerships, reflecting its strategy to expand behavioral health services nationwide.

Andy Davis, president and CEO of Ascension Texas, emphasized that the joint venture has the potential to be a significant community asset, especially for the disadvantaged, by combining the strengths of both entities to enhance behavioral health services in the region In terms of groups.

Acadia Healthcare is the largest independent provider of behavioral health services in the United States, with 253 facilities and approximately 11,100 beds in 39 states and Puerto Rico. Ascension Texas is part of one of the nation’s leading Catholic and not-for-profit health systems, operating multiple health care organizations, including the region’s only comprehensive children’s hospital.

The information in this article is based on press release statements.

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