Acadia healthcare expands footprint in illinois through real estate purchase and establishes new behavioral healthcare system named montrose behavioral health hospital

Franklin, tenn.--(business wire)---- $achc--acadia healthcare company, inc. (nasdaq: achc) today announced that it has completed the acquisition of the real estate for three currently non-operational facilities, including one adult hospital, one children's hospital and an outpatient facility, all located on the north side of chicago, illinois. the company funded the transaction with cash on hand. prior to reopening, acadia will make infrastructure investments to improve the behavioral health facilities,
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