FRANKLIN, Tenn. (AP) — Acadia Healthcare Co. Inc. on Tuesday announced plans to buy two competitors for a combined $258 million.
Acadia, based outside Nashville in Franklin, Tenn., said it had agreed to buy Behavioral Centers of America, based in Nashville, and AmiCare Behavioral Centers, based in Fayetteville, Ark.
Behavioral Centers of America, or BCA, runs four psychiatric facilities, in Ohio, Michigan and Texas, with a total of 278 licensed inpatient beds. The purchase will mark Acadia's first move into Ohio. AmiCare runs four psychiatric facilities, all in Arkansas, with a total of 330 beds.
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