Oceans Healthcare Among North Texas Fastest-Growing Mid-Size Companies

Jun 7th, 2016

PLANO, Texas (June 7, 2016) – Citing revenue growth from 2013-2015, Oceans Healthcare has been named one of the 50 fastest-growing middle market companies in North Texas by the Dallas Business Journal. Known as the Middle Market 50, this annual list includes public and private companies with annual revenues between $25 million and $750 million and is ranked on a weighted growth index from 2013 to 2015.

“Being recognized as a fast-growing company is exciting, but more importantly, this recognition acknowledges the hard work and dedication our leadership and hospital teams put forward every day to ensure our patients receive the highest quality behavioral health care,” said Stuart Archer, CEO.  “We continue to see tremendous growth year-over-year, with a 19 percent increase in the number of employees since 2014 and an 18 percent increase in revenue in just the last year, and that means we have the opportunity to serve more individuals in communities that need our services.”

Oceans Healthcare is passionate about helping older adults manage the challenges that come with aging and attain the best possible quality of life. As a nationally recognized provider of behavioral health services to older adults and seniors, the company’s 17 affiliated hospitals across Louisiana and Texas are committed to caring for this special population with dignity for patients and their families; with keen awareness of the importance of treating the whole person; with focus on progressive behavioral therapies; and with respect for employees, physicians, healthcare providers and the communities they serve.

Oceans Healthcare Dallas Mid Market 50

Company Facts:

  • 535 total licensed beds
  • Average age within inpatient program is 70
  • Outpatient programs serve patients age 18 and older
  • Treat nearly 7,000 patient annually across Texas and Louisiana
  • Hospitals are consistently recognized as Top Performers on Key Quality Measures for meeting national accountability measures set by The Joint Commission for performance for inpatient psychiatric services
  • Treatment model coordinates management of behavioral disorders for patient with extensive co-morbidities like diabetes, heart disease and COPD
  • CEO Stuart Archer serves as an at-large member of the National Association of Psychiatric Health Systems Board of Trustees

All 50 fastest-growing middle market companies will be ranked on a growth index and the official list will be announced June 23.

ABOUT OCEANS HEALTHCARE

Oceans Healthcare is a nationally recognized behavioral health provider focused on healing and long-term recovery. Founded in 2004, Oceans provides inpatient and outpatient treatment with a special focus on the unique physical and emotional needs of older adults and seniors. With 17 locations in Texas and Louisiana, Oceans hospitals take great pride in their performance on Key Quality Measures by The Joint Commission, a national healthcare accrediting agency. For more information, visit www.oceanshealthcare.com.

 

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