Acadia Healthcare Fires CEO

Franklin, Tennessee-based behavioral health provider organization Acadia Healthcare (Acadia) recently fired its CEO, Joey Jacobs. Taking his place will be Debra Osteen, who served as the former president of Universal Health Services’ behavioral health division.

Acadia cited its desires to accelerate momentum and drive value creation as the primary reasons for its decision. Jacobs was appointed as Acadia’s chairman and CEO in 2011, and served in those positions up until the organization’s recent decision.

Based in Franklin, Tennessee, Acadia Healthcare provides behavioral health and addiction disorder services to consumers in a variety of settings, including inpatient psychiatric . . .