Acadia Healthcare announces joint venture partnership with Ascension Seton

Acadia Healthcare announced that it has formed a joint venture partnership with Ascension Seton, an integrated healthcare systems in Austin, Texas, and a part of the Ascension national health network. “The partnership will expand access to behavioral healthcare in Austin and surrounding communities. The joint venture will focus on expanding Acadia’s current operations at Cross Creek Hospital, as well as the number of inpatient behavioral beds available in Austin. Acadia will construct a 106-bed expansion of the acute behavioral hospital, increasing the total licensed bed count to 196 upon completion. Slated to open in late 2024, the new hospital will be named ‘Cross Creek Hospital together with Ascension Seton.’ The joint venture hospital will be in close proximity to Ascension Seton hospitals and will be one of the training sites for students, residents and fellows from Dell Medical School at The University of Texas at Austin. This is Acadia’s second joint venture partnership with Ascension, having developed and opened Ascension Saint Thomas Behavioral Health Hospital in Nashville, Tennessee, in 2020,” Acadia stated.