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Category: Healthcare

  • Strategic Succession: Heather Dixon Takes Over as Acadia Healthcare CFO Following Decade-Long Leadership Transition

    Heather Dixon has been appointed Chief Financial Officer (CFO) of Acadia Healthcare, effective July 10, 2023. This announcement, posted on Acadia’s news page, marks a significant transition for the company, as Dixon takes over from David Duckworth, who has dedicated over a decade to the role. The leadership change comes as Acadia gears up for ambitious growth plans aimed at expanding its services within the behavioral healthcare sector.

    Dixon brings a wealth of experience to Acadia Healthcare, having previously served as CFO at Everside Health, a notable player in the direct primary and mental health care space. Her LinkedIn profile reveals that during her tenure at Everside, she oversaw financial strategies for 385 health centers across 34 states, demonstrating her capability to manage complex financial operations within the healthcare landscape. Her impressive resume also includes high-ranking positions at Walgreens Boots Alliance, Inc. and Aetna, a CVS Health Company.

    Acadia’s senior executive team including CEO Chris Hunter, expressed optimism about Dixon’s appointment, believing her depth of experience makes her a strong addition to the team. Hunter emphasized the importance of strong financial leadership as Acadia continues to advance its long-term growth strategy.

    Acadia Healthcare is recognized as the largest standalone behavioral health provider in the United States as of March 2023. As reported by BusinessWire, the company operates 250 facilities with approximately 11,100 beds across 39 states, serving over 75,000 patients daily.

    In addition to the leadership changes at the top, Acadia recently announced that Tim Sides would be promoted to Senior Vice President Operations Finance, succeeding Larry Harrod. Sides, who has been with Acadia since 2020, brings over two decades of financial experience to his new role, as stated in MarketScreener.

    As Acadia Healthcare embarks on this new chapter under Heather Dixon’s stewardship, the company remains committed to its growth trajectory, with plans for the current year include adding 670 new beds through a combination of new facilities, joint ventures, and expansions.