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.

Ethema Health to Acquire ARC Facilities in Major Kentucky Expansion

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.

BlockchainDetails
Contract Address0xeA2912a8DA1CD48401b10cB283585874d98098F4
Transaction ID0xda8bce43b0f3a5e57882a1deaf13fddcfe9ba03a8449121bc0552cf95ae4b949
Account0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20
Chainpolygon-main
NewsRamp Digital FingerprintplumU7xJ-1633014576b8358afebcb6e96220bb79