News Summary
Bradford Health Services has acquired three addiction treatment facilities in Texas—Last Resort Recovery Center, Crestone Wellness, and The Chapter House. This expansion increases their capacity and resources to address the growing demand for addiction recovery programs in the state. The acquisition boosts Bradford’s total facilities to 31 and aims to enhance the variety of treatment options available to individuals seeking recovery. Emphasizing a strategic growth approach, Bradford’s investments in facilities reflect a commitment to improving addiction treatment standards across Texas.
Texas Expands Addiction Treatment Options with Bradford Health Services Acquisition
Texas is set to enhance its addiction treatment resources as Bradford Health Services has announced the acquisition of three facilities: Last Resort Recovery Center, Crestone Wellness, and The Chapter House. This strategic expansion aims to address the increasing demand for addiction recovery programs across the Lone Star State.
A Significant Expansion for Bradford Health Services
The acquisition, revealed on Wednesday, brings Bradford Health Services’ total number of facilities to 31 locations. The newly acquired facilities previously operated under a trust led by Bill and Ann Schneider. Together, these centers provide a total capacity of 160 beds, with 103 beds specifically dedicated to residential and detox treatment, while additional offerings include partial hospitalization programs (PHP) and sober living arrangements. This diverse range of services is designed to meet the varying needs of individuals seeking help for addiction.
Overview of the Acquired Facilities
The Last Resort Recovery Center, opened in 2021, specializes in men’s services and provides a variety of programs including medical detox, residential treatment, PHP, and a virtual intensive outpatient program (IOP). Patients at this location can expect stays of 45 to 90 days, facilitating a structured environment conducive to long-term recovery.
On the other hand, Crestone Wellness operates a co-ed campus that typically offers shorter treatment durations of approximately 21 days, designed for a comprehensive yet swift rehabilitation experience. Meanwhile, The Chapter House focuses on longer-term care and sober living opportunities for men, further diversifying Bradford’s services in the addiction treatment landscape.
Strategic Growth Initiatives
The financial specifics of the acquisition have not been disclosed, however, Bradford Health Services is backed by Lee Equity, a private equity firm that specializes in middle-market acquisitions. This backing signals Bradford’s serious commitment to growth in Texas, following past expansions including the acquisition of Lakeview Health in September 2024 and other facilities in Southaven, Mississippi. Furthermore, plans are underway for a new $25 million, 100-bed facility in Southaven, indicating an ongoing commitment to improving addiction care standards.
Looking Ahead in Texas’ Addiction Treatment Landscape
The current competitive environment in addiction treatment has prompted Bradford to seek further strategic acquisitions that align with its mission of enhancing care quality. As the organization prepares for its next recapitalization phase, expectations suggest that the number of available beds could potentially double. However, the focus remains on improving underperforming assets rather than merely expanding for the sake of growth. The acquired facilities will continue to operate independently, emphasizing the importance of maintaining individualized care while also exploring cross-referral opportunities.
In conclusion, the acquisition of these three facilities signifies a vital step forward in providing enhanced addiction recovery services for Texans. Bradford Health Services’ initiative to broaden its treatment options serves to meet the increasing demand within the community, making strides toward a transformative approach in the landscape of addiction treatment in Texas.
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