Ethema Health acquired a majority interest in the multi-million dollar Evernia Health Center, which operates the ARIA addiction treatment center in West Palm Beach, Florida.
The new licenses required to be issued by the Department of Children and Families of Florida when there is an ownership change in an addiction treatment center operator, were received by ARIA on June 30, 2021 for all five levels of addiction treatment care that ARIA provides. The company now owns 75% of the common shares of American Treatment Holdings, which owns 100% of the interest in Evernia Health Center. The vendor retains 25% of the shares of ATI. Read more.