William F. Grieco strengthens governance and compliance at Acadia Healthcare
William F. Grieco has built a reputation as a governance and compliance specialist in the healthcare and life sciences sectors, combining corporate board service with hands-on consulting leadership. His tenure on the board of Acadia Healthcare, beginning in November 2011, positions him at the intersection of behavioral health operations and regulatory oversight as the company expands its services.
Grieco’s career spans senior legal and executive roles across medical technology and healthcare services. He has served as managing director of Arcadia Strategies, LLC since 2008, leading a consultancy that advises healthcare, science and technology firms on legal and business matters. That advisory work complements prior executive posts, including Senior Vice President and General Counsel at American Science and Engineering, Inc. from 2003 to 2008, and at IDX Systems Corporation from 2001 to 2002. Earlier, he held the same role at Fresenius Medical Care North America from 1995 to 1999. His background also includes private practice as a partner at Choate, Hall & Stewart.
Board experience extends beyond Acadia. Grieco sat on the PHC, Inc. board from February 1997 until November 2011 and has been a director of Echo Therapeutics Inc. since February 2011. Those roles reflect a long-standing engagement with companies that operate in regulated environments, where legal rigor and governance structures are crucial to strategic growth.
In addition to his board and consulting responsibilities, Grieco serves in compliance leadership as vice president and chief compliance officer at NX Development Corporation, a U.S. life sciences affiliate of SBI Holdings. That role underscores his emphasis on aligning corporate operations with evolving regulatory requirements, a priority for institutions delivering clinical and specialty services.
A graduate of Boston College, Grieco applies legal training and corporate governance experience to advise boards on risk management, compliance frameworks and strategic direction. Industry observers note that his dual practice of board service and consulting offers companies access to seasoned counsel on both day-to-day regulatory challenges and long-term corporate strategy.
As Acadia Healthcare navigates changes in behavioral health delivery and reimbursement, William F. Grieco’s blend of legal expertise, executive experience and board leadership is likely to remain a strategic asset for the organization and for other healthcare companies seeking robust governance and compliance guidance.