Blockchain Registration Transaction Record
Ethema Health to Acquire ARC Facilities in Major Kentucky Expansion
Ethema Health signs LOI to acquire Addiction Recovery Care assets in Kentucky, creating statewide treatment network with 900-patient capacity and $100M revenue projection.
This acquisition represents a significant consolidation in the addiction treatment sector, potentially improving access to comprehensive care for thousands of patients across Kentucky. As the opioid crisis continues to affect communities nationwide, the creation of a statewide network combining ARC's established facilities with Ethema's treatment expertise could lead to more standardized, high-quality care delivery. For patients and families struggling with substance use disorders, this expansion means greater accessibility to integrated services including psychiatric care, pharmacy services, and medical laboratory support within a single treatment network. The transaction also signals growing investor confidence in the behavioral healthcare sector, potentially attracting more capital to address the critical shortage of addiction treatment resources that has persisted through the ongoing substance abuse epidemic.
| Blockchain | Details |
|---|---|
| Contract Address | 0xeA2912a8DA1CD48401b10cB283585874d98098F4 |
| Transaction ID | 0xda8bce43b0f3a5e57882a1deaf13fddcfe9ba03a8449121bc0552cf95ae4b949 |
| Account | 0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20 |
| Chain | polygon-main |
| NewsRamp Digital Fingerprint | plumU7xJ-1633014576b8358afebcb6e96220bb79 |