Acadia Healthcare signed a definitive agreement with Adventist Health Vallejo to purchase the hospital and its behavioral health services. Acadia Healthcare intends to retain current staff and associates. Financial terms were not disclosed.
Adventist Health is a faith-based, non profit, integrated health system serving more than 80 communities on the West Coast and Hawaii. It serves additional communities in the United States through its Blue Zones company. Founded on Seventh-day Adventist heritage and values, Adventist Health provides care in hospitals, clinics, its innovative Adventist Health Hospital@Home program that provides virtual inpatient care at home, home care agencies, hospice agencies, and joint-venture retirement centers in both rural and urban communities.
Acadia Healthcare owns and operates behavioral health treatment facilities throughout the United States and Puerto Rico, including a facility in nearby San Jose, California. Acadia is solely dedicated to behavioral health and is the partner of choice for many health systems and communities across the country due to its commitment to high quality and integrated care. The company offers behavioral health service through its network of 586 health care facilities with approximately 18,000 beds in 40 states, the United Kingdom, and Puerto Rico.
This was reported by Adventist Health on February 9, 2021.
Contact information: Mary Parra, Randle Communications for Adventist Health St. Helena, 10 Woodland Rd., Saint Helena, California 94574; 928-853-4733; Email: mparra@randlecommunications.com; Website: https://www.adventisthealth.org/st-helena/
Contact information: Gretchen Hommrich, Director, Investor Relations, Acadia Healthcare Company, Inc., 6100 Tower Circle, Suite 1000, Franklin, Tennessee 37067; 615-861-6000; Fax: 615-261-9685; Email: Gretchen.Hommrich@acadiahealthcare.com; Website: http://www.acadiahealthcare.com/