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AAC Holdings to inaugurate new Townsend detoxification unit in New Orleans East Hospital.

M2 EQUITYBITES-October 2, 2017-AAC Holdings to inaugurate new Townsend detoxification unit in New Orleans East Hospital


Abuse treatment services company AAC Holdings Inc (NYSE:AAC) said on Friday that it has received the license to open its new Townsend Recovery Center New Orleans in New Orleans, Louisiana.

The 80-bed New Orleans East Hospital is situated on the site of the former Pendleton Memorial Methodist Hospital and is operated by Louisiana Children's Medical Center.

Scheduled to open on 9 October 2017, the Townsend Recovery Center New Orleans will reportedly offer 36 beds, provide detoxification and residential treatment services as well as be operated by Townsend clinical staff. Townsend is leased from New Orleans East Hospital.

Townsend, which part of the American Addiction Centers' family of treatment centers, is a leading provider of treatment services in south Louisiana and is known for its innovative treatment model - The Townsend Way. This personalized treatment approach includes addressing the genetic components of addiction and utilizing pharmacogenetics to give physicians vital information about which medications will be most useful for each patient.

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Publication:M2 EquityBites (EQB)
Geographic Code:1U7LA
Date:Oct 2, 2017
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