Fast-growing American Addiction Centers makes another buy

It's safe to start calling this a buying spree. AAC Holdings Inc. (NYSE AAC), the parent company of American Addiction Centers, will pay $35 million in cash for Mississippi-based The Oxford Centre Inc., according to a news release. Upon completion, this will mark AAC's sixth acquisition of 2015. The company provides inpatient substance abuse treatment services. It operates 12 substance abuse facilities and one mental health facility focusing on binge-eating disorders. The Oxford Centre operates…
Source: bizjournals.com Health Care:Hospitals headlines - Category: Hospital Management Authors: Source Type: news