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Business Briefs: Acadia, Nebraska Methodist, RCA, Headspace
Acadia, Nebraska Methodist Health System to Build Behavioral Health Hospital
Acadia Healthcare announced on Monday that it is collaborating with Nebraska Methodist Health System to build a 96-bed behavioral health hospital in Council Bluffs, Iowa. The partnership—which is Acadia’s 20th joint venture overall—will extend the company’s acute service line into the state, and the facility will be the first freestanding behavioral health hospital in the greater Omaha-Council Bluffs metropolitan area.
The new hospital, which will be affiliated with Methodist Jennie Edmundson Hospital, will offer a continuum of inpatient and outpatient behavioral health services for patients of all ages.
An expected completion date for the project was not announced.
RCA Names Corporate VP of Strategic Growth
Recovery Centers of America (RCA), operator of a network of substance use disorder treatment facilities on the East Coast and in the Midwest, recently announced the appointment of Robert Bunyon as its corporate vice president of strategic growth. Bunyon previously served as CEO of RCA at Bracebridge Hall in Earleville, Maryland, from December 2021 to May 2023. Bunyon has been with RCA since joining the organization as corporate director of clinical operations in 2018.
In his new role, Bunyon will be tasked with identifying organizational growth opportunities and executing strategies to improve admissions and revenue for RCA’s sites in Philadelphia, Indiana, Maryland, and New Jersey, as well as a program launching in South Carolina later this year. Bunyon will also work with RCA business development, marketing, and operations leaders, to align organizational innovations with trends and needs in the addiction treatment space.
With Bunyon’s elevation to the corporate VP position, Blythe Maynard has been named interim CEO of the Bracebridge Hall program.
Oxford Finance Closes Debt Facility With Headspace
Oxford Finance, a specialty finance firm providing senior debt to healthcare and life sciences organizations, announced the closing of a $105 million senior debt facility with digital mental health company Headspace. Proceeds from the deal will be used to expand the Headspace platform and provide flexibility to pursue additional opportunities to expand care.
Headspace serves more than 4000 employers across 200 countries and also works with an ecosystem of health plans and partners. The company’s flagship direct-to-consumer app helps users address various mental health-related needs.
References
Recovery Centers of America names Robert Bunyon vice president of strategic growth. News release. Recovery Centers of America. July 19, 2023.
