Reviewed 2026-07-02

CAROLINA DUNES BEHAVIORAL HEALTH

Ownership, control, relationships, and source records for CAROLINA DUNES BEHAVIORAL HEALTH.

Ownership receipt

What we can say clearly

CAROLINA DUNES BEHAVIORAL HEALTH is marked as a corporate-chain case. That is separate from direct private-equity ownership, but it still belongs in the red corporate-control color family.

Finding: Corporate-chain ownership/accountability warning
Last reviewed: 2026-07-02
Evidence: 10 cited sources

Documented warningPart of a corporate hospital chain

CAROLINA DUNES BEHAVIORAL HEALTH has a completed North Carolina state-template dossier baseline with official identity, CMS enrollment/owner context when matched, CMS Care Compare point-in-time context when matched, HCRIS financial/utilization context when matched, and explicit limitations for missing fields. Unsupported ownership, compensation, labor, quality-trend, or causation claims are not inferred.

Corporate-chain ownership/accountability warning
Last verified Jun 2026

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Key sources

CMS owners

Financial assistance help

Not confirmed

We have not confirmed a Dollar For listing for this facility. This does not mean financial assistance is unavailable.

Control Map

This leads to this

Hospital ownership/control path

Acadia HealthcareHealth systemCAROLINA DUNES BEHAVIORAL HEALTH

Evidence limits

Red color requiredCMS enrollment match used where available20 ownership sources checked10 total sources below

Direct PE ownershipNot documented as direct PE ownership in this state-template pass

PE relationshipNo documented PE link in current baseline sources

OperatorAcadia Healthcare

Population servedNeeds system/facility catchment estimate

CAROLINA DUNES BEHAVIORAL HEALTH is connected to Acadia Healthcare. Acadia is public. Its 2026 proxy contains BlackRock and Vanguard beneficial-owner references. Treat those asset managers as passive shareholder context, not facility operators. Institutional shareholder names are context only and do not override facility-level ownership evidence.

Review Note

Why this page is published

completed state-template official-source baseline

Publish state-template completion fields while preserving explicit unavailable/searched-not-found limitations.

Ownership & Control

Detailed records, kept below the answer

Facility legal owner, operator, parent company, ultimate controller, PE sponsor, and institutional shareholder context are separate evidence layers.

See the full ownership chain

controlsSbh Wilmington Llc → CAROLINA DUNES BEHAVIORAL HEALTH

SBH-WILMINGTON LLC is the best available legal-owner or enrolled-operator layer for CAROLINA DUNES BEHAVIORAL HEALTH.

operatesAcadia Healthcare → CAROLINA DUNES BEHAVIORAL HEALTH

Acadia Healthcare is shown as the operator or parent-system layer for this facility.

parent_company_or_controllerAcadia Healthcare Company Inc → Acadia Healthcare

Acadia Healthcare Company, Inc. is the best available ultimate parent, sponsor, or controller context for Acadia Healthcare.

Institutional shareholders such as Vanguard, BlackRock, and State Street are context nodes only; they are not hospital operators unless direct control evidence is found.
CMS owner rows identify enrolled owner/control roles but may not name every ultimate financial sponsor.
Sibling/system affiliation does not cause a facility to inherit another hospital’s red status.

Connections

Who owns, backs, staffs, or connects to this facility

Legal-owner layerSBH-WILMINGTON LLCFacility legal owner / enrollment layer · legal owner or enrolled operator

SBH-WILMINGTON LLC is shown separately from the parent system and ultimate financial/control context.

Operator layerAcadia HealthcarePublic behavioral-health company · corporate owner/operator

This connection identifies the operating or system layer used for the public map and dossier.

Parent-company contextAcadia Healthcare Company, Inc.Ultimate parent or controller · ultimate parent / controller context

Acadia Healthcare Company, Inc. is shown as the upper control or sponsor context, while the facility-level legal-owner layer remains separate.

Shareholder contextInstitutional shareholders / governance contextShareholder or governance context · context only, not hospital operation

Acadia is public. Its 2026 proxy contains BlackRock and Vanguard beneficial-owner references. Treat those asset managers as passive shareholder context, not facility operators.

Leadership

Current accountability and official image status

Acadia Healthcare Chief Executive OfficerDebra Osteen

CEO transition context reviewed through SEC/company filing sources; automated pass flags this for next manual confirmation.

official image unavailable in this automated NC pass

Compensation context: Corporate compensation and governance context belongs in SEC proxy/source review.

Leadership source Compensation source

System Thread

Connected facilities and system family

CAROLINA DUNES BEHAVIORAL HEALTHAcadia Healthcare · LELAND, NC · current record
THE WILMINGTON TREATMENT CENTER, LLCAcadia Healthcare · WILMINGTON, NC · connected NC facility

Timeline

Ownership history and events

Current / undated
controls
SBH-WILMINGTON LLC is the best available legal-owner or enrolled-operator layer for CAROLINA DUNES BEHAVIORAL HEALTH.
Current / undated
operates
Acadia Healthcare is shown as the operator or parent-system layer for this facility.
Current / undated
parent company or controller
Acadia Healthcare Company, Inc. is the best available ultimate parent, sponsor, or controller context for Acadia Healthcare.
04/10/2023
cms owner context
CMS Hospital All Owners rows are attached as current owner/control context. They do not by themselves prove private-equity sponsorship unless the row says so or another cited source supports it.
Current / undated
operates
State-template baseline operator/owner context assembled from current hospital fields and matched official sources where available. This is not a new PE ownership claim.

Metrics

Financial and utilization series

Metric	Period	Value	Method note
net patient revenue	01/01/2023 to 12/31/2023	$22,227,732	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	01/01/2022 to 12/31/2022	$19,610,134	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	01/01/2021 to 12/31/2021	$17,330,327	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	01/01/2020 to 12/31/2020	$17,409,156	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	01/01/2023 to 12/31/2023	$21,781,105	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	01/01/2022 to 12/31/2022	$18,166,893	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	01/01/2021 to 12/31/2021	$18,721,114	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	01/01/2020 to 12/31/2020	$17,446,345	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	01/01/2023 to 12/31/2023	$977,180	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	01/01/2022 to 12/31/2022	$2,181,296	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	01/01/2021 to 12/31/2021	-$714,584	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	01/01/2020 to 12/31/2020	$1,261,387	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	01/01/2023 to 12/31/2023	$12,652,231	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	01/01/2022 to 12/31/2022	$11,841,464	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	01/01/2021 to 12/31/2021	$11,388,048	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	01/01/2020 to 12/31/2020	$10,564,585	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	01/01/2023 to 12/31/2023	$10,953,070	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	01/01/2022 to 12/31/2022	$9,660,171	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	01/01/2021 to 12/31/2021	$1,997,510	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	01/01/2020 to 12/31/2020	$2,138,453	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	01/01/2023 to 12/31/2023	55.11 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	01/01/2022 to 12/31/2022	55.11 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	01/01/2021 to 12/31/2021	55.1 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	01/01/2020 to 12/31/2020	102.84 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	01/01/2023 to 12/31/2023	40 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	01/01/2022 to 12/31/2022	40 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	01/01/2021 to 12/31/2021	40 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	01/01/2020 to 12/31/2020	40 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	01/01/2023 to 12/31/2023	12,577 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	01/01/2022 to 12/31/2022	7,559 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	01/01/2021 to 12/31/2021	9,851 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	01/01/2020 to 12/31/2020	9,468 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	01/01/2023 to 12/31/2023	986 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	01/01/2022 to 12/31/2022	747 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	01/01/2021 to 12/31/2021	635 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	01/01/2020 to 12/31/2020	630 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.

Evidence Notes

Contradictions, limitations, and unavailable fields

Open evidence notes

Limitation

This automated NC pass searched mandatory official/source systems and records missing items; it does not claim the entire internet was exhausted.

Limitation

This five-state template completion pass used official cached CMS/HIFLD/PESP/HCRIS sources and records missing items; it does not claim the entire internet was exhausted.

Unavailable

official CEO image URL

Unavailable

source-backed local CEO/current leader

Unavailable

facility-level CEO compensation amount

Direct connection

Legal/enrollment layer: SBH-WILMINGTON LLC.

Direct connection

Operator layer: Acadia Healthcare.

Direct connection

Ultimate parent/controller context: Acadia Healthcare Company, Inc..

Direct connection

Shareholder/governance context: Acadia is public. Its 2026 proxy contains BlackRock and Vanguard beneficial-owner references. Treat those asset managers as passive shareholder context, not facility operators.

Direct connection

Operator/owner context: Acadia Healthcare.

Direct connection

CMS Care Compare ownership category: Proprietary.

Download

Take the evidence with you

CSVEvidence CSV — every source with dates and URLsSpreadsheet-friendly source audit for this hospital JSONFull evidence file JSONComplete structured evidence file exactly as published

Sources

Evidence and source documents

governmentHospitals RAPTHomeland Infrastructure Foundation-Level Data governmentNorth Carolina hospital license dataNorth Carolina Division of Health Service Regulation governmentHospital EnrollmentsCenters for Medicare & Medicaid Services governmentHospital All OwnersCenters for Medicare & Medicaid Services governmentHospital General InformationCenters for Medicare & Medicaid Services governmentHospital Provider Cost ReportsCenters for Medicare & Medicaid Services primaryAcadia Healthcare 2026 proxy statementSecurities and Exchange Commission primaryAcadia Healthcare CEO transition filing contextSecurities and Exchange Commission