October 31, 2016
Behavioral healthcare leaders finalize affiliation; combined organization will serve more than 150,000 people nationwide
Nashville, Tenn., and Louisville, Ky. (October 31, 2016) – Centerstone and Seven Counties Services today announced that they have finalized an affiliation that will combine their operations, creating a five-state, non-profit behavioral health organization serving more than 150,000 people of all ages annually. The affiliation was unanimously approved by the boards of directors of both organizations.
“We are delighted to welcome Seven Counties to Centerstone,” said David C. Guth, Jr., CEO of Centerstone. “Our organizations share a dedication to providing compassionate care, partnering with our communities, and changing the lives of those we serve. Together, we have great opportunities to share best practices and ideas that will advance behavioral healthcare in our regions and beyond.”
Seven Counties, which is headquartered in Louisville, Ky., serves 34,000 people annually in its 31 locations across Bullitt, Henry, Jefferson, OIdham, Shelby, Spencer, and Trible counties. As part of the affiliation with Centerstone, all Seven Counties facilities, including its 80-bed inpatient addictions center, will remain open, and none of its providers or services will change. The organization will change its name to Centerstone of Kentucky, effective November 1, 2016.
Dr. Anthony “Tony” Zipple, president and CEO of Seven Counties, will remain with his organization, serving as CEO of Centerstone’s operations in Kentucky. Additionally, the executive and senior management teams remain unchanged.
“Joining together with Centerstone further enhances our ability to provide high quality and high value behavioral health and addiction services to residents throughout the region,” said Dr. Zipple. “We will have access to a national network of providers and peers, and new synergies to consider for service development and expansion.”
In operation for more than 60 years, Centerstone is one of the nation’s largest nonprofit providers of behavioral healthcare. With the addition of Seven Counties, it now has 211 locations in Florida, Illinois, Indiana, Kentucky, and Tennessee and a national provider network of more than 700 clinicians. It has approximately $310 million in annual revenues and employs more than 4,500 people nationally.
Centerstone, a not-for-profit organization, is one of the nation's largest behavioral healthcare providers. It offers a range of treatment, support and educational programs and services to individuals of all ages who have mental health and addiction disorders, and also provides services to adults with intellectual and developmental disabilities. Each year, the organization serves more than 150,000 people of all ages at 211 locations across Florida, Illinois, Indiana, Kentucky, and Tennessee. It also operates the Centerstone Foundation, Centerstone Research Institute, Advantage Behavioral Health, Centerstone Military Services, and Centerstone Health Partners. To learn more, visit www.centerstone.org.
For more information contact:
Nicole Cottrill, DVL Seigenthaler
Gwen Cooper, Seven Counties Services