August 18, 2010
Ascend Health Acquires Behavioral Hospital of Bellaire, Texas
New York, NY. August 18, 2010 – Ascend Health Corporation announced today the acquisition of the Behavioral Hospital of Bellaire, TX, a 70-bed inpatient psychiatric hospital facility. The acquisition carries the option to expand into 45,000 contiguous square feet on the property. The Behavioral Hospital of Bellaire currently provides inpatient, partial hospitalization, and intensive outpatient psychiatric and chemical dependency services.
"We are pleased to offer Ascend Health’s high quality psychiatric services to more patients in the greater Houston area with this transaction," said Richard Kresch, M.D., President and Chief Executive Officer.
About Ascend Health
Ascend Health Corporation, a leading provider of behavioral healthcare services, currently operates five behavioral health facilities throughout the country. Accredited by The Joint Commission, Ascend Health’s psychiatric hospitals provide a higher level of psychiatric care to patients with a full range of inpatient and outpatient services for children, adolescents, adults, and seniors. Ascend Health also offers specialty programs that include services for populations with unique needs including a women’s program, treatment for active duty soldiers, faith-based services, a senior adult program and others. For more information, please visit www.ascendhealth.net.
March 2010
Ascend Health to Develop Facilities in Arizona and Utah
Ascend Health Corporation has announced the construction of two 120 bed facilities located in Phoenix, Arizona and in Salt Lake City, Utah. The anticipated opening dates are scheduled for the Fall of 2010.
November 11, 2009
Ascend Health to Open a Psychiatric Hospital in Phoenix, AZ
Ascend Health Corporation has begun construction on what will be a state of the art 122 bed private psychiatric hospital in the heart of Phoenix, AZ. The freestanding psychiatric hospital, Valley Hospital, is projected to open in the second half of 2010.
According to Tom Rourke, Vice President of Development “Ascend has chosen to enter the Phoenix market because of the significant bed shortage we see relative to other metropolitan areas. The opening of Valley Hospital will be a compliment to the current services available in Phoenix and the surrounding communities."
The hospital will provide comprehensive and specialized mental health, detoxification, and chemical dependency treatment. The facility will be licensed by the Arizona Department of Health Services. It will be also accredited by the Joint Commission on Accreditation of Healthcare Organizations, the nation’s predominant standard-setting and accrediting body.
The mission of Valley Hospital is to be the provider of choice for mental health and addiction treatment through innovative and evidence based clinical approaches to treatment, commitment to compassion, service excellence, safety, and continuous performance improvement while being a good steward of all resources.
April 29, 2009
Portland Opens Only Free-Standing Psychiatric Hospital in Oregon
Cedar Hills Hospital Designed to Meet Critical Need for Services
AscendHealth Corporation (Texas) is proud to announce the opening of Cedar Hills Hospital at 10300 SW Eastridge Street. The only free-standing psychiatric hospital in the state, Cedar Hills is a comfortable and healing environment where psychiatrists and clinical staff use their specialized skills and expertise to provide premiere mental healthcare and addictions treatment. According to Cedar Hills CEO Shanti Carter, “The physical environment here isn’t at all institutional – it’s very inviting and welcoming. Our layout enables us to develop specialty programs to individualize patients’ treatment.”
“Everything we do is about what is best for patients,” Carter continued. “When you open a new hospital, you have the opportunity to do it right from the start. Our goal is to do the right things for the right reasons.”
The hospital will provide treatment for adults 18 years and older who are in need of comprehensive and specialized mental health, detoxification, and chemical dependency treatment. It is licensed by the Department of Human Services – Oregon Public Health Division. It is also accredited by the Joint Commission on Accreditation of Healthcare Organizations, the nation’s predominant standard-setting and accrediting body.
In addition to our existing services, the hospital is planning to add several cutting-edge programs. According to Laura Bryant, Director of Nursing and Chief Operating Officer, “In the near future we will be opening specialized services such as the “Freedom Care” program for the military, a faith-based program, a specialized program for Women, and a Dual Diagnosis program for individuals with mental health problems complicated by drug or alcohol use.” 
The mission of Cedar Hills Hospital is to be the provider of choice for mental health and addiction treatmentthrough innovative approaches to treatment, commitment to compassion, service excellence, safety, and continuous performance improvement while being a good steward of all resources.
August 11, 2008
To hear a special message from Herschel Walker, Mental Health Advocate & AscendHealth Spokesperson, click here.
April 20, 2008
 Heisman Trophy Winner, Herschel Walker played professional football in the NFL for the Dallas Cowboys, Philadelphia Eagles, New York Giants, and Minnesota Vikings. Walker recently wrote a book entitled, “Breaking Free” a memoir of Walker’s struggle with Dissociative Identity Disorder. Walker has a desire to help those who have been diagnosed with a mental illness or have substance abuse problems. His goal is to help those who are struggling to accept this reality realize, "There is no shame in admitting you have a problem, I did!"
From the Forward of the book Breaking Free: My Life with Dissociative Disorder by Herschel Walker:
"For the past twenty years, I have guided hundreds of people struggling with dissociative disorders on the difficult path of recovery. But doing so with someone like Herschel Walker has truly been an extraordinary experience - not because of his celebrity status, but because of what he brings to the journey for himself and all others who share similar experiences. . . . Inviting the reader into the compelling story of his life, Herschel poignantly shares how he has used adversity to inspire him to be successful in his running career, his professional football career, his Olympic career, and his business life."
November 30, 2007
 AscendHealth is pleased to announce the opening of University Behavioral Health of El Paso. UBH El Paso opened it doors to provide mental health and chemical dependency services to the El Paso area as well as the surrounding counties and the State of New Mexico.
Prior to the opening of this facility, construction crews completed an extensive renovation and decorating plan to create an impressive environment for patients, families, and employees.
Tom Rourke, VP of Development, states his team is ready to respond and care for individuals in need of treatment services. "This area has been underserved for some time and we are very excited about developing this hospital to meet the needs of the community."
For more information, see ubhelpaso.com
September 9, 2007
 Ascend Health announces the opening of NorthPointe Family Center in Carrolton, Texas. NorthPointe is a freestanding building providing partial hospitalization and intensive outpatient services for children and adolescents in the day. The youth program can accommodate approximately 65 patients. In addition, the facility has a separate area that allows special chemical dependency programming for adults in the evening. "We are very pleased to provide this service in an area that allows us to expand our market penetration." - Randy Kaniecki, Vice President of Marketing.
For more information, see npfamilycenter.com
September 24, 2007
 AscendHealth announces the acquisition of Red River Recovery Treatment Center. Red River Recover Treatment Center in Wichita Falls, Texas, provides specialized chemical dependency care for adults. AscendHealth Corporation President and CEO, Richard Kresch, M. D., indicates that this acquisition provides a logical addition to the services within AscendHealth operations. "We develop specialized inpatient and outpatient programs in the mental health and chemical dependency field. Red River adds intensive residential care to our continuum, thus enhancing our business potential."
For more information, see redriverrecovery.com
March 26, 2007
ASCEND HEALTH RAISES $20.1 MILLION SERIES B FINANCING
New funds to accelerate development of de novo psychiatric hospitals in markets with significant
psychiatric bed need
New York, NY, March 26, 2007. Ascend Health Corporation, an operator of mental health and
chemical dependency hospitals and residential treatment centers, today announced the closing of
a $20.1 million Series B financing. The Company intends to use the proceeds to fund the
development of new psychiatric hospitals. New investor Polaris Venture Partners led the round
and was joined by existing investors CHL Medical Partners, Three Arch Partners and individual
investors. In connection with the closing, Brian Chee, General Partner at Polaris Venture
Partners, will join Ascend Health’s board of directors.
"Ascend is well positioned to respond to markets with significant needs for additional psychiatric
treatment facilities," stated Mr. Chee. "Dr. Kresch and his management team have shown an
ability to identify markets with unmet demand and to respond to that demand with facilities that
provide not only general adult and adolescent psychiatric services, but programs that match the
particular needs of the community."
"As a seed and now repeat investor in Ascend, we are most pleased and impressed with the
Company’s accomplishments to date, including opening its first start-up hospital and achieving
profitability for its first full year," said Jeff Collinson, Managing Partner of CHL Medical
Partners. Mark Wan, a Founding Partner of Three Arch Partners, added, "We expect the early
successes will continue and are looking forward to the opening of the three new facilities Richard
and his team have identified."
"We’re extremely excited about the addition of Polaris as a strategic partner," stated Richard
Kresch, M.D., President and CEO. "This new capital will allow the Company to accelerate the rollout of our innovative business model and delivery of much needed psychiatric care to patients
in underserved markets across the country."
About Ascend Health
Ascend Health Corporation is a provider of behavioral healthcare services in the United States offering inpatient care as well as a full range of outpatient services. The Company operates freestanding psychiatric facilities and provides a variety of behavioral healthcare services and
programs to children, adolescents, and adults. For more information, see www.ascendhealth.net.
Contact:
Steve Page
Chief Financial Officer
Ascend Health Corporation
212-243-5565
Click Here to save a pdf printout of this announcement to your computer.
January 11, 2007 - Steve Page joined Ascend Health Corporation as Chief Financial Officer. Steve left Goldman Sachs, New York, N.Y., where he was a Vice President in investment banking. Steve spent seven years at Goldman working in the healthcare Mergers and Acquisitions advisory and leveraged finance groups. He earned his MBA from Wharton Business School at the University of Pennsylvania in Philadelphia in 2000 and graduated in 1994 from the University of Texas at Austin earning a Bachelor Business Administration degree in Finance. He earned a Chartered Financial Analyst designation in 1998.
His primary responsibilities include identifying, negotiating and closing new business opportunities for the company, debt and equity fundraising and Company presentations to the investment community.
September 11, 2005
 Ascend Health announces the opening of University Behavioral Health Hospital in Denton, Texas. University Behavioral Health is a 104 bed freestanding psychiatric and chemical dependency facility that provides inpatient, partial hospitalization, intensive out patient and specialty programs for children, adolescent, adults and senior adults.
For more information, see ubhdenton.com
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