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Acadia Healthcare Announces New Operation.


ATLANTA -- Rod Laughlin and Waud Capital Partners announced today the formation of Acadia Healthcare today Healthcare Today is a monthly newsmagazine published in the United Kingdom by Mayden Publishing. The style and layout of the magazine is similar to that of The Week but its focus is purely on health-related news. . Acadia Healthcare will own and manage psychiatric and substance abuse hospitals, residential programs and schools. The company began operations in November 2005 and expects to acquire and develop new hospitals within the next 60 days. Rod Laughlin will service as the President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of the company. E[acute accent]Bill Mohon has joined Acadia as Vice President of Development. Mr. Mohon has extensive experience in psychiatric development and operations, medical/surgical hospitals, as well as Long Term Acute Care (LTAC LTAC Long-Term Acute Care
LTAC Literary Translators' Association of Canada
LTAC Light Tactical
) hospitals. He owned and operated Greenbrier greenbrier: see smilax.  Hospital, a psychiatric hospital psychiatric hospital
n.
A hospital for the care and treatment of patients affected with acute or chronic mental illness. Also called mental hospital.
 located in Covington, Louisiana and has served as administrator of several large hospital facilities. Mr. Mohon also served as the head of the Public Hospital System in Louisiana, a 10 hospital system throughout the state. E[acute accent]Waud Capital Partners, L.L.C. is a private equity investment firm founded in 1993 with more than $400 million of capital under management. WCP WCP World Climate Programme (WMO)
WCP Web Characterization Project (OCLC)
WCP Wing Commander Prophecy
WCP Workers' Compensation Program
WCP WIN-T
 partners with exceptional management teams to invest in middle market buyouts, recapitalizations, industry consolidations and growth equity investments. The firm seeks to invest $10 million to $50 million in private companies in the following four areas: business and consumer services, healthcare services, industrial/specialty distribution and niche manufacturing businesses. Typically, the companies in which WCP invests have enterprise values between $30 million and $150 million. Since its founding, Waud Capital Partners has successfully made more than sixty investments in a wide range of industries, including adhesives, air and water treatment, alarm monitoring, automotive components, coatings, consumer products, lighting, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 services, medical distribution, petroleum distribution, pharmaceuticals, publishing, sealants and specialty hospitals. The firm is backed by a number of institutions, including Citigroup, Middlebury College, SunAmerica, The St. Paul Travelers Companies and the University of Chicago Hospitals The University of Chicago Hospitals form a major center for medical care and research in the Hyde Park neighborhood of Chicago, Illinois. They are affiliated with and run by the University of Chicago, and serve as teaching hospitals for students of the institution's Pritzker , among others, as well as a number of well-known families and high net worth individuals. E[acute accent]For more information on Acadia Healthcare and/or Waud Capital Partners visit www.acadiahealthcare.com and/or www.waudcapital.com E[acute accent]For more information on Acadia Healthcare, please contact Bill Mohon, Vice President of Development at 770-663-1591.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 27, 2006
Words:361
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