Key Highlights
- Joint Venture Expansion: Acadia Healthcare partners with Ascension Seton to expand behavioral health services in Austin.
- New 196-Bed Facility: A 106-bed expansion at Cross Creek Hospital, increasing the total to 196 beds, set to open in late 2024.
- Enhanced Training and Care: The joint venture will serve as a training site for Dell Medical School students and improve access to high-quality, compassionate care.
Source: Business Wire
Notable Quotes
- “We are proud to expand our strong working relationship with Ascension… Acadia now has 21 joint venture partnerships with premier health systems.” – Chris Hunter, CEO at Acadia Healthcare
- “This hospital will be a tremendous resource… we’re thrilled to bring together the expertise and capabilities from our two great organizations.” – Andy Davis, President and CEO at Ascension Texas
SoH's Take
The joint venture between Acadia Healthcare and Ascension Seton marks a significant step in addressing the growing need for accessible and high-quality behavioral healthcare in Austin. This collaboration leverages Acadia’s extensive experience in behavioral health and Ascension’s robust healthcare network. The strategic location of the new facility, in close proximity to Ascension Seton hospitals, enhances the synergy between acute and behavioral healthcare services. Moreover, the involvement of Dell Medical School aligns with the current trend of integrating educational institutions into healthcare delivery, fostering a collaborative environment for future healthcare professionals. This venture is not only a testament to the commitment of both organizations to improve community health but also sets a precedent for future healthcare partnerships aimed at expanding access and elevating care standards.
