August 21, 2017
Charleston, W.Va. – HHA, Inc., parent company of Highland Hospital Association and other Highland companies located in Charleston, West Virginia, today announced that its board of directors has unanimously approved a definitive agreement to sell Highland to Meridian Behavioral Health Systems of Brentwood, Tennessee.
“Highland has recognized the need to adapt to the constantly changing health care system to be able continue to provide high-quality behavioral healthcare services to our community,” Cynthia Persily, Ph.D., president and chief executive officer of HHA, said. “We are pleased to enter into this definitive agreement with Meridian, a recognized name in behavioral health care. We believe Meridian will enhance the ability of Highland to serve our community’s behavioral health needs and provide us the best path forward to meet our mission within the ever-changing health care landscape.”
Although Highland and Meridian have reached a definitive agreement, other regulatory filings, such as with the Office of Health Facilities Licensure and Certification (OHFLAC), will be necessary. Also, as with any purchase, legal documents must be prepared. Highland and Meridian hope to complete the transaction by the end of September.
Highland includes the following companies:
- Highland Hospital Association – A psychiatric hospital with 80 acute-care beds for adults, children and adolescents and a 24-bed psychiatric residential treatment facility for children and adolescents.
- Highland Health Center, Inc. – A 16-bed residential treatment and detoxification program.
- Process Strategies – An outpatient provider with integrated behavioral health care and pharmacy services.
“Our mission is to serve the clinical behavioral health care needs of southern West Virginia,” Dr. Kiran Devaraj, chief medical officer, said. “Our board believes Meridian is in a position to provide Highland with the capital and clinical support needed to serve our patients and our region.”