Acadia achieved a significant milestone in the first quarter of 2025, adding 378 newly licensed beds to its network and positioning itself for what executives describe as substantial continued expansion. The growth includes both capacity increases at existing facilities and the opening of new treatment centers, reflecting the company’s commitment to addressing behavioral health service gaps.
This substantial growth addresses what healthcare professionals recognize as significant unmet demand for behavioral health services nationwide. Acadia Healthcare’s expansion efforts directly target this critical gap in the healthcare system, particularly in underserved communities where access to mental health and substance abuse treatment remains limited.
Q1 2025 Expansion Details
The company’s first-quarter bed additions comprised 90 beds added to existing facilities and 288 beds from newly constructed facilities. This represents one of the largest quarterly expansions in recent company history, demonstrating Acadia Healthcare’s ability to execute multiple growth initiatives simultaneously across its network.
Two new facilities commenced operations during the quarter, including a de novo facility in North Port, Florida, and a joint venture hospital developed in partnership with Henry Ford Health in West Bloomfield, Michigan. These openings exemplify the company’s multi-faceted approach to growth, combining wholly-owned developments with collaborative partnerships.
2025 Growth Projections
Management projects adding between 800 and 1,000 beds throughout 2025, building upon the 776 beds added during 2024. CEO Chris Hunter noted during the company’s BofA Securities conference presentation: “We are undergoing right now the strongest growth period in the history of the company with total bed additions of nearly, I think we were at 776 last year, nearly 800. And we expect to add another 800 to a thousand in 2025” (https://www.investing.com/news/transcripts/acadia-healthcare-at-bofa-conference-strategic-growth-and-challenges-93CH-4045957).
The company completed construction on approximately 1,300 beds during 2024, with 776 of those beds receiving state licenses by year-end and an additional 313 licensed beds added in the first two months of 2025.
Partnership-Driven Growth
Acadia Healthcare has developed 21 joint venture partnerships for 22 hospitals, with 13 facilities currently operational and nine additional hospitals expected to open in coming years. These partnerships combine the company’s behavioral health expertise with established healthcare systems’ infrastructure and community relationships.
Recent partnership developments include collaborations with Henry Ford Health in Michigan, Intermountain Health in Colorado, and various health system facilities. The joint venture model has proven effective for entering markets where local healthcare systems recognize the need for specialized behavioral health services.
Addressing Healthcare Infrastructure Needs
The current expansion addresses what industry analysts describe as insufficient behavioral health resources nationwide. With mental health awareness increasing and insurance coverage for behavioral health services expanding, demand for both inpatient and outpatient treatment options continues to grow across demographic groups.
Acadia Healthcare’s network now encompasses 270 behavioral healthcare facilities with approximately 12,000 beds across 39 states and Puerto Rico. The company serves more than 82,000 patients daily through its comprehensive range of services, from acute inpatient care to residential treatment and outpatient programs.
