- Acadia Healthcare (NASDAQ:ACHC) has established a joint venture with Orlando Health, a not-for-profit healthcare system in Central Florida.
- The joint venture, Acadia’s (ACHC) 14th partnership, is set to extend its acute care services into Orlando, considered as one of the fastest-growing cities in the U.S.
- With the tie-up, Orlando Health “will expand inpatient and outpatient programs, enhance community outreach activities, improve patient experience, and develop new comprehensive psychiatric strategies across its entire healthcare system,” Acadia (ACHC) said in a statement.
- A healthcare organization with $7.6B in assets under management, Orlando Health caters to the southeastern U.S. Last year, the company and LHC Group (NYSE:LHC) formed a joint venture.
- Meanwhile, for Q3 2021, Acadia (ACHC) lagged Street forecasts with its revenue, while per-share earnings beat the consensus.
Acadia Healthcare inks joint venture with Orlando Health
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| Symbol | Last Price | % Chg |
|---|---|---|
| ACHC | - | - |
| Acadia Healthcare Company, Inc. | ||