PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-07-02

THE WILMINGTON TREATMENT CENTER, LLC

Ownership, control, relationships, and source records for THE WILMINGTON TREATMENT CENTER, LLC.
Ownership receipt

What we can say clearly

THE WILMINGTON TREATMENT CENTER, LLC 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

THE WILMINGTON TREATMENT CENTER, LLC 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

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Control Map

This leads to this

Hospital ownership/control path
Acadia HealthcareHealth systemTHE WILMINGTON TREATMENT CENTER, LLC

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

THE WILMINGTON TREATMENT CENTER, LLC 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
controlsWilmington Treatment Center LlcTHE WILMINGTON TREATMENT CENTER, LLC

WILMINGTON TREATMENT CENTER, LLC is the best available legal-owner or enrolled-operator layer for THE WILMINGTON TREATMENT CENTER, LLC.

operatesAcadia HealthcareTHE WILMINGTON TREATMENT CENTER, LLC

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

parent_company_or_controllerAcadia Healthcare Company IncAcadia 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 layerWILMINGTON TREATMENT CENTER, LLCFacility legal owner / enrollment layer · legal owner or enrolled operator

WILMINGTON TREATMENT CENTER, 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.

System Thread

Connected facilities and system family

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

Timeline

Ownership history and events

  1. controls

    WILMINGTON TREATMENT CENTER, LLC is the best available legal-owner or enrolled-operator layer for THE WILMINGTON TREATMENT CENTER, LLC.

  2. operates

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

  3. parent company or controller

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

  4. 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.

  5. 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

MetricPeriodValueMethod note
net patient revenue01/01/2023 to 12/31/2023$36,193,540Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue01/01/2022 to 12/31/2022$32,405,652Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue01/01/2021 to 12/31/2021$29,566,992Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue01/01/2020 to 12/31/2020$25,781,595Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2023 to 12/31/2023$27,568,926Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2022 to 12/31/2022$25,957,876Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2021 to 12/31/2021$22,399,300Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2020 to 12/31/2020$20,124,715Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2023 to 12/31/2023$8,944,920Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2022 to 12/31/2022$6,559,090Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2021 to 12/31/2021$7,185,200Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2020 to 12/31/2020$5,658,616Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2023 to 12/31/2023$48,061,284Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2022 to 12/31/2022$49,969,157Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2021 to 12/31/2021$51,740,157Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2020 to 12/31/2020$45,375,987Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2023 to 12/31/2023-$16,439,213Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2022 to 12/31/2022-$5,586,419Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2021 to 12/31/2021$2,743,670Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2020 to 12/31/2020$3,564,699Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2023 to 12/31/2023204.89 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2022 to 12/31/2022214.98 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2021 to 12/31/2021189.79 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2020 to 12/31/2020197.13 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2023 to 12/31/202392 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2022 to 12/31/202292 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2021 to 12/31/202192 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2020 to 12/31/202092 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2023 to 12/31/202325,609 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2022 to 12/31/202224,437 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2021 to 12/31/202123,012 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2020 to 12/31/202017,879 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2023 to 12/31/20231,014 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2022 to 12/31/2022851 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2021 to 12/31/2021910 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2020 to 12/31/2020707 dischargesHospital 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: WILMINGTON TREATMENT CENTER, 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: Voluntary non-profit - Private.

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Sources

Evidence and source documents