Brian Farley Takes the Helm as General Counsel During Acadia Healthcare’s Pivotal Expansion Phase”
Acadia Healthcare, a prominent player in the mental health services sector, has made a significant leadership change with the appointment of Brian Farley as General Counsel and Secretary. Joining the company in July 2023, Farley brings a wealth of experience from his previous roles, notably as Chief Legal Officer at GoHealth, one of the leading publicly traded Medicare Advantage marketplaces, as detailed in his LinkedIn profile.
In his new role at Acadia Healthcare, Brian Farley is tasked with overseeing the legal affairs of the organization, which has positioned itself as the largest stand-alone behavioral health company in the United States. With a market capitalization of $7 billion and more than 250 facilities across 39 states, the company is strategically focused on expanding its influence in the mental health care sector. Farley’s responsibilities include providing legal guidance on securities law, corporate governance, mergers and acquisitions, litigation, and regulatory compliance.
Farley’s appointment, as reported by Corporate Counsel, comes as Acadia Healthcare embarks on an ambitious plan to double its revenue to as much as $5 billion by 2028. The company’s strategy, outlined by CEO Chris Hunter during an investor day presentation, emphasizes the importance of becoming an indispensable provider of behavioral health services for patients with complex needs.
Prior to his tenure at GoHealth, Brian Farley held several notable positions that have equipped him with the skills necessary for his new role at Acadia. He served as general counsel at Allscripts, an electronic medical records provider, where he navigated complex legal landscapes and contributed to the company’s growth strategies. Further information about Farley’s professional journey can be found on his Crunchbase profile. Additionally, Farley spent significant time at Motorola Mobility, where he was involved in various senior legal capacities during a transformative period that included the company’s acquisition by Google.
The transition to Acadia Healthcare marks Farley’s third legal chief role within the healthcare sector, as noted in his BizJournals feature. His experience in high-stakes environments will be invaluable as Acadia seeks to enhance its legal and compliance frameworks while pursuing aggressive growth targets.
In summary, with Brian Farley at the helm of legal affairs, Acadia Healthcare aims to solidify its position as a leader in the behavioral health sector while pursuing its ambitious revenue goals. As the mental health landscape continues to evolve, Acadia Healthcare is poised to make significant strides under Farley’s guidance and leadership.