ADDICTION TREATMENT PROGRAM DEVELOPMENT
Steve Smith of EB5 Coast To Coast and Doug Leech of Ascension Recovery Services have teamed up to address this national crisis by starting a venture, Smith Douglas Holdings LLC, that will open multiple addiction treatment centers, starting in Doug’s home state of West Virginia.
The operator of each addiction treatment center (ATC) will be Ascension Recovery Services which is a leading national developer of behavioral health programs and one of the most sought-after Management Services Organizations (MSO) in the operation of ATCs. It has extensive experience developing and managing programs across the country, working with state and federal government, hospitals, and large health care systems; and has helped develop 66 treatment programs in 25 states since 2016.
EB5 Coast To Coast is a family of USCIS-designated EB-5 Regional Centers, spanning from the Atlantic to Pacific Oceans. Presently their Regional Centers cover areas in 41 states, including most major metropolitan areas. They partner with investors and developers to facilitate capital investment in projects that will create jobs and provide opportunity for immigration through the EB5 visa program. For over 30 years Steve Smith and his team have specialized in the development, construction and operations of residential and mixed-use projects, a popular investment type for EB-5 investors. Over 400 EB-5 investors have been sponsored by EB5 Coast To Coast-affiliated Regional Centers in other projects. Most have already received approval of their I-526 immigrant petitions and received conditional permanent residence; others are waiting. None of their investors have been denied approval of any petition. (www.eb5coasttocoast.com)
OPERATES EB-5 REGIONAL CENTERS IN 41 STATES
FINDS HIGH QUALITY, LOW RISK EB-5 PROJECTS FOR INVESTORS
FACILITATES EB-5 CAPITAL DEPLOYMENT
Ascensions Recovery Services is an industry leader in developing fully comprehensive, integrated behavioral health systems, treating substance use disorders (SUD) and mental illness across the full continuum of care. They provide innovative solutions for financially sustainable business models that provide high-quality care for substance use disorders. Ascension Recovery Services offers consulting services to individuals and groups passionate about serving their communities through substance use disorder (SUD) and mental health treatment. They can partner with individuals, investor groups, and hospitals to open their own residential treatment center (RTC), intensive outpatient program (IOP), or sober living home, as well as help revitalize failing treatment centers or SUD programs. (www.ascensionrs.com)
(Smith Douglas Holdings LLC, Doug Leech, and Ascension Recovery Services are involved with the projects but are not involved in operating the sponsoring regional centers.)
Number of states where they have developed programs: 25
Number of programs launched: 66
Number of patients served: Thousands