9 minute read

JOEY A. JACOBS

Work History

2011Present Chairman & Chief Executive Officer

Acadia Healthcare, Inc.

Acadia is the leading publicly traded pure-play provider of behavioral healthcare services. At March 31, 2017, Acadia operated a network of 575 behavioral healthcare facilities with approximately 17,200 beds in 39 states, the United Kingdom & Puerto Rico. Acadia’s U.S. facilities include 114 opioid treatment centers in 25 states providing medication-assisted and abstinent-based treatment

1996 - 2010 Co-Founder, Chairman, President & CEO Psychiatric Solutions, Inc. (“PSI”). PSI operated 94 behavioral healthcare facilities with approximately 11,000 beds in 32 states, Puerto Rico and the U.S. Virgin Islands.

1975 - 1996 Various Leadership Capacities Hospital Corporation of America (“HCA,” also formerly known as Columbia and Columbia/HCA)

Roles included President of the Tennessee Division, President of the Central Group, Vice President of the Western Group, Assistant Vice President of the Central Group & Assistant Vice President of the Salt Lake City Division

Education

Bachelor of Science

Middle Tennessee State University

Public & Private Boards

Envision Healthcare (formerly AMSURG)

Cumberland Pharmaceuticals

The Jason Foundation

Mental Health Management, Inc.

Appointed by Governor Bill Haslam to the Middle Tennessee State University Board of Trustees

Monroe Carell Jr. Children’s Hospital at Vanderbilt

Nashville Health Care Council, Chair 2009-2011

Professional Recognition

Nashville Business Journal

2016 Health Care Hero

Lifetime Achievement Award

2004 & 2015 Southeast Entrepreneur of the Year

Award, presented by Ernst & Young

Nashville Post 2014 CEO of the Year

2007 Emerald Entrepreneurial & Excellence Award in the “Public Company Executive Growth” category, presented by Emerald Asset Management

February 4, 2021

Selection Committee - 2021

Tennessee Health Care Hall of Fame

Belmont University

Office of Development

1900 Belmont Boulevard

Nashville, TN 37212

Dear Members of the Selection Committee:

I am proud to recommend Joey Jacobs for the 2021 class of the Tennessee Health Care Hall of Fame. Joey would be a worthy addition to this elite group of industry leaders and pioneers – not only for his exceptional business success, but also for the significant, positive and lasting impact he has had on increasing the awareness and treatment of mental illness in communities around the country and the world

While Chairman and Chief Executive Officer of Acadia Healthcare , Joey and his team built a world-class organization that set the standard of excellence in the treatment of behavioral health and addiction disorders. Under Joey’s leadership, the company grew from just six facilities in 2011 to a network of more than 568 facilities in 39 states, the United Kingdom and Puerto Rico. In 2015, Acadia was named to Fortune’s annual list of Fastest Growing Public Companies ranking sixth, ahead of giants such as Facebook and Netflix.

His successes at Acadia stemmed from decades of experience leading and growing healthcare organizations. Joey jumpstarted his career at Hospital Corporation of America where, for 21 years, he served in various regional leadership roles. Then in 1997, he co -founded behavioral health company Psychiatric Solutions. By the time Psychiatric Solutions was acquired by a private equity firm for $3.2 billion in 2010, Joey had grown it into an industry leader with 11,000 beds in 32 states and more than 17,000 employees.

At both Acadia and Psychiatric Solutions, Joey’s genuine dedication to identifying and appropriately treating behavioral health challenges is apparent. He focused on turning each hospital and treatment center into a place of hope and healing by often investing millions of dollars in upgrading and expanding facilities to ensure patients receive the treatment they need in safe, modern, inviting facilities. Whether signing off on large capital projects during a site visit or recognizing outstanding employees, Joey was passionate about investing in the company’s facilities and staff, giving them the tools they needed to achieve strong outcomes in a notoriously difficult industry.

Joey also believes that facilities should be active contributors to the communities they serve, and therefore created a culture that encouraged employees to give back. He empowered employees to take time away from work to volunteer for community organizations, such as homeless shelters, and organize fundraising and awareness events for organizations like the National Association of Mental Illness and The Jason Foundation, which works to prevent youth suicide. To support the work of The Jason Foundation, Acadia Healthcare forged a national partnership with the nonprofit in 2013 while under Joey’s leadership. The relationship in turn equips Acadia’s facilities with suicide prevention education and training programming they can offer to staff, patients, families, and their communities.

Joey also gives freely of his time and expertise in support of others throughout the healthcare community. He is a former chairman of the Nashville Health Care Council, a past director of both the Federation of American Hospitals and the National Association of Psychiatric Health Systems. In addition to serving on Cumberland Pharmaceuticals ’ board of directors he is currently an Advisory Board member of the Monroe Carell, Jr. Children’s Hospital at Vanderbilt and Middle Tennessee State University where he was awarded MTSU’s Jennings A. Jones Champion of Free Enterprise Award in 2013.

His dedication to mentoring the next generation of leaders extends beyond the corporate realm. In 2012, he donated $2.5 million to his alma mater, Middle Tennessee State University, to create and support the Joey A. Jacobs Chair of Excellence in Accounting. In 2017, he was appointed by Governor Haslam to the Middle Tennessee State University Board of Directors.

Despite his success and service to others, Joey remains one of the most approachable, humble and passionate leaders I have been privileged to serve alongside. He surrounds himself with people who share his passion and forms deep bonds with these individuals – investing his time and attention to mentoring them as they advance in their careers. Joey is always the first to recognize others for their efforts and remains humble when discussing his own accomplishments.

Joey’s willingness to invest in others is surpassed only by his focus on improving the lives of those his company serves. He is a remarkable leader, and I feel fortunate that I have had the opportunity to get to know him better through his service on the Cumberland’s board.

For all of these reasons and more, I urge you to include Joey in the 2021 class of the Tennessee Health Care Hall of Fame.

Sincerely,

A.J. Kazimi Chairman and Chief Executive Officer Cumberland Pharmaceuticals

February 2, 2018

Matthew Seaton

Belmont University

1900 Belmont Boulevard, Fidelity Hall 108 Nashville, TN 3721

Dear Matthew,

I strongly support the nomination of Joey J acobs for the Tennessee Healthcare Hall of Fame. Joey is a world recognized leader in psychiatric care, having built and led not one but two nationally exceptional psychiatric companies, and a philanthropist who actively reinvests in his community.

Spending his first 20 years within the HCA family, Joey has devoted his entire professional career to making a positive difference in healthcare. He began his career with HCA in 1975 upon his graduation from MTSU. Joey ascended through the ranks at HCA to his last position as President of Tennessee Operations.

In 1996 Joey founded Psychiatric Solutions Inc. (PSI), a for-profit psychiatric treatment company. Headquartered in Nashville, and serving as Chairman, President and CEO, Joey grew PSI into one of the largest behavioral health companies in the country.

Following the sale of PSI, Joey in 2011 became Chairman and CEO of Acadia Healthcare. Over the next six years under Joey’s leadership and vision, Acadia has grown from six facilities in two states to nearl y six hundred facilities in 40 states, Puerto Rico, and the U.K. Today, Acadia employs over 43,000 healthcare professionals treating nea rly 75,000 patients every day. They are the leader in psychology, recovery and addiction services with annual revenue of over three billion dollars.

Acadia’s motto is “improving the lives we touch,” and Joey has been a shining example of this throughout his entire career. Both in his companies as well as in his role as a board member and volunteer in the health arena, Joey’s impact has no bounds.

Joey serves on the board of Envision Healthcare, Cumberland Pharmaceuticals, Mental Health Management, Monroe Carell, Jr. Children’s Hospital, and served as Chair of the Nashville Health Care Council from 2009-2011. Of particular interest to Joey is The Jason Foundation, which is a non-profit organization aimed at educating and providing teachers across the country with resources and programing designed to help them identify signs of kids struggling with suicidal thoughts and tendencies. He is the immediate past chair of The Jason Foundation, and Acadia is a proud and heavily engaged sponsor of their efforts.

Joey has been honored with numerous accolades over his career, including the Nashville Business Journal 2016 Health Care Hero Lifetime Achievement Award; the 2004 and 2015 Southeast Entrepreneur of the Year Award by E&Y; the 2007 Emerald Entrepren eurial & Excellence Award in the “Public Company Executive Growth” category; and the 2014 Nashville Post CEO of the Year.

Throughout his life, Joey’s success in healthcare has also enabled him to give back to those that have impacted his life. Just to name a few examples, Joey supports his elementary school in Warren county by providing books, laptops, and i Pads for every student. He also supports any necessary salaries not covered by the school budget. At Middle Tennessee State University, Joey initiated chairs of excellence in accounting which brings the best and brightest to the University. In 2017, he was appointed by Governor Haslam to serve on the MTSU University Board. Joey has never forgotten where he came from nor the people and places that have made a difference in his life.

Joey’s impact in the healthcare community in Tennessee and around the country is undeniable. It is my honor to support the nomination of Joey Jacobs to the Tennessee Healthcare Hall of Fame.

Sincerely,

Senator William H. Frist, M.D.

February 7, 2018

Re: Tennessee Health Care Hall of Fame Recommendation

Dear Nomination Committee:

I am delighted to write this letter in support of the nomination of Joey Jacobs to the 2018 class of the Tennessee Health Care Hall of Fame.

I have been honored to know and work with Joey for nearly 15 years. During that time, he has been an advisor, mentor and friend, and for this I am grateful. A truly unique individual with well-recognized business acumen and an approachable and plain-spoken style, Joey is an asset to our community and our health care industry.

Joey thoughtfully sets an example in business, community and life. He was an accomplished executive at HCA, an exemplary and entrepreneurial leader at Psychiatric Solutions and successful principal at the helm of Acadia. He is recognized by peers and media nationwide as a top-tier health care executive In addition, Joey gives his time on numerous boards, including Middle Tennessee State University, the Monroe Carell Jr. Children’s Hospital at Vanderbilt and the Jason Foundation.

Despite his many responsibilities, Joey is always willing to respond to a question, favor or request, usually taking the time to share a quick joke before getting down to serious business. Joey is at home while in his corporate office, walking the hospital floors or on his tractor in Warren County.

In closing, I encourage your selection of Joey Jacobs to join the Tennessee Health Care Hall of Fame. If you have any questions, or need additional information, please contact me at cyoung@nashvillehealth.org or 615-476-4979.

Regards,

Caroline Young Executive Director, NashvilleHealth

Feb 5, 2018

Brent Turner President

Acadia Healthcare

6100 Tower Circle, Suite 1000

Franklin, TN 37067

Dear Brent:

It is with great enthusiasm and honor I am writing to recommend Joey Jacobs to the Tennessee Healthcare Hall of Fame. I have known Joey for 29 years and he is and has been a mentor, friend, client, fellow board member and trusted advisor. Joey is one of the smartest, most humble, high integrity and hardworking people I know.

While Joey was a Division President at HCA he was a client of ours at MFS/MedSource. There was an opportunity for our company to bid on a larger piece of the business and Joey personally made a trip to tour our small office. We were not awarded the contract but Joey did offer several pointers on how we could someday earn the business. That advice was not forgotten within our business and we worked hard to incorporate the offered advice. My business partner stayed close to Joey as our organization grew and Joey eventually joined our board. Joey exercised sound business principals as we grew from 12 associates to just less than 500 associates when we sold the business.

In 1999 when HCA spun off LifePoint and Triad, Joey led a group of investors to purchase one of the non-core hospitals from HCA in Woodbury, TN. I had the opportunity to be part of this investor group and leadership group with Joey. Joey always put the patient first and then made sound and strategic business decisions that supported the patient centered mission. In 2006 the Stones River hospital investor group acquired Dekalb Community Hospital in Smithville, TN from St Thomas. I had the opportunity (with the steady coaching from Joey) to lead this acquisition. During the transaction , it came to light that this hospital was Joey’s first hospital job. T here were some staff and many physicians that remembered Joey and spoke very highly of his ability and integrity. One of the local physicians told me they knew Joey wouldn’t be with them long and they knew he was going places. We owned these hospitals from 1999 to 2011 and during this time we recruited several new physicians, added jobs and grew our healthcare offerings. We left the healthcare communities in Smithville and Woodbury substantially better than we found them.

It has been fun to watch Joey build from scratch both Psych Solutions and Acadia Healthcare Acadia now has more than 570 facilities with 17,000 beds in 39 states and with international operations. While this is quite an accomplishment, o ne of the things Joey likes best about Acadia is his team. It is with a smile that Joey talks about the chili cook offs at their office.

If you have questions or need additional information, please contact me directly at 615-438-5599.

Sincerely,

Mark W. Gorman

Vice President, Physician Practice Operations

Community Health Systems

4000 Meridian Blvd

Franklin, TN