Oceans Healthcare Among North Texas Fastest-Growing Mid-Size Companies for Second Straight Year

May 18th, 2017

PLANO, Texas (May 18, 2017) – For the second year in a row, 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 2014 to 2016.

“I am especially proud of this recognition because as our company grows so does access to much-needed inpatient and outpatient behavioral health services,” said Stuart Archer, CEO. “Being honored as a fast-growing company again this year is a testament to our leadership and hospital teams’ dedication to providing the highest quality care to our patients. Mental illness touches everyone and I remain focused on the goal of growing our company to serve more individuals in need and helping their families, loved ones and friends as they heal.”

Oceans Healthcare is a nationally recognized behavioral health provider focused on healing and long-term recovery. Founded in 2004, the company provides inpatient and outpatient treatment with a focus on the unique physical and emotional needs of older adults and seniors. With 15 hospital locations in Texas and Louisiana, Oceans take great pride in being the largest provider of inpatient geriatric behavioral health treatment in Louisiana and one of the largest in Texas.

In 2016, Oceans treated more than 10,000 patients in its inpatient facilities, opened two new intensive outpatient programs for adults 18 and older and had more than 2,000 admissions to its outpatient programs across its system. The company recently announced the opening of a third new intensive outpatient program in Kentwood, Louisiana. Further expansion efforts include a focus on creating access for younger adults 18+ by adding more beds for that patient population as well as specialized outpatient programs and clinics outside traditional hospital settings, allowing for individuals to live at home and work.

Company Facts:

  • 492 total licensed beds
  • 15 inpatient hospital locations
  • Average age within inpatient program is 70
  • 14 intensive outpatient programs serving patients age 18 and older
  • Progressive inpatient/outpatient treatment model coordinates management of behavioral disorders for patient with extensive co-morbidities like diabetes, heart disease and COPD
  • Company was named to the Inc. 5000 list of fastest-growing companies in America in 2016
  • CEO Stuart Archer serves as an at-large member of the National Association of Psychiatric Health Systems Board of Trustees and is a vocal advocate for increased access and coverage for behavioral health services

All 54 fastest-growing middle market companies will be ranked on a growth index and the official list will be announced June 16.

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 15 locations in Texas and Louisiana, Oceans hospitals are consistently recognized as a Top Performer on Key Quality Measures by The Joint Commission. The company was named to the Inc. 5000 list of fastest-growing private companies in America. For more information, visit www.oceanshealthcare.com.

 

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