Acadia buys private behavioral health services provider

January 4, 2016 1:08 PM

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Acadia Healthcare Co Inc said it was buying Priory Group, a private behavioral care provider in the United Kingdom, for about 1.28 billion pounds ($1.89 billion) including debt of 925 million pounds.

Priory, which offers services related to mental health, addictions, eating disorders and senior care, runs about 300 facilities with 7,200 beds.

Also read: Mental Health Care Gets A Boost From 21st Century Cures Act

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