By Market Intelligence Team

Bradford Health Services, an Alabama-based addiction treatment program, acquired Tennessee-based Cornerstone of Recovery. With this acquisition Bradford Health Services entered Tennessee. Financial terms were not disclosed. The acquisition strengthens both Bradford's and Cornerstone's position in the addiction treatment industry, expanding in-network access to care and providing unparalleled treatment opportunities for patients, families, and referring providers across a full continuum of care. The combined company will offer programming and support services through over 25 facilities across Alabama, Arkansas, North Carolina, and Tennessee. Founded in 1989, Cornerstone of Recovery operates two Knoxville-area inpatient facilities, Cornerstone of Recovery and Stepping Stone to Recovery.…
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