Vizion Health Acquires Willow Crest Hospital
Jan 31, 2017, 07:45 ET
CHARLOTTE, N.C., Jan. 31, 2017 /PRNewswire/ -- Mark Schneider, CEO of Vizion Health, LLC ("Vizion") announced today that the company has acquired Willow Crest Hospital and Moccasin Bend Ranch in Miami, Oklahoma. Willow Crest is a 50-bed acute care psychiatric hospital and Moccasin Bend Ranch is a 28-bed residential treatment center. "Vizion's acquisition of Willow Crest marks the beginning of an aggressive campaign to purchase facilities throughout the country. I knew the previous owner of Willow Crest for many years and look forward to continuing the high quality of care and professionalism the exceptional staff provides at Willow Crest and Moccasin Bend Ranch."
After partnering in two previously successful behavioral healthcare companies, Mr. Schneider, a 40-year veteran in the field, formed a third company, Vizion Health. Vizion is privately owned with a home office in Charlotte, NC. Mark brings a very seasoned behavioral healthcare team with him, including Mr. Stephen Chesney as Chief Operating Officer and Dr. Ann Miller as Chief Development Officer. Mr. Chesney brings more than 30 years of experience operating multi-site and multi-state psychiatric businesses. Dr. Ann Miller is a recognized national expert in the substance abuse treatment industry. Aaron Kneas, a managing director with New Century Capital Partners (NCCP), represented the Vizion Team on the transaction and looks forward to partnering with Vizion to secure capital for the Company's growth. New Century Capital Partners is a leading independent investment bank serving leading emerging growth companies through its merger and acquisition advisory, restructuring advisory and capital markets financing services. NCCP's investment bankers cover a variety of industries, including technology, clean technology, healthcare and oil & gas. Matt Lipton of The Lipton Law Firm represented Vizion in its acquisition of Willow Crest. Mr. Lipton has extensive experience in health care matters, including mergers and acquisitions. Mr. Lipton said, "I am very pleased to have been able to play a role in this important transaction for Vizion. I look forward to continued collaboration with this valued client."
Willow Crest Hospital is Vizion's first acquisition in the mental health arena and the team plans to acquire several additional psychiatric facilities and addiction treatment programs across the country. Vizion's mission is to provide a full continuum of high quality behavioral healthcare and addiction treatment services. Vizion is currently involved in the construction of a new 90-bed state-of-the-art acute care psychiatric hospital on the West Coast. "The strength of the core Vizion team enables us to grow quickly while continuing to ensure quality programming throughout our system."
Shari Murphree, previous Assistant Administrator of Operations at Willow Crest Hospital will serve as the hospital's new Administrator.
Vizion Health's website is www.vizionhealth.com
Press contact: Ann Miller, Chief Development Officer, Vizion Health, Tel 703-980-7085, [email protected]
SOURCE Vizion Health, LLC