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Acadia Healthcare to pay $91M for hospitals

The Tennessean, January 9, 2012
Fresh off raising $68 million in a public offering, Acadia Healthcare Co. has agreed to acquire three psychiatric hospitals from Haven Behavioral Healthcare. The deal covers in-patient facilities in three states for a total price of $91 million in cash. The hospitals located in Tucson, AZ, Wichita Falls, TX, and Ada, OK, have 166 acute inpatient psychiatric beds. Combined revenues were roughly $43 million for the 12 months through Sept. 30.