Cooper has entered into an exciting new partnership with Advanced Recovery Systems (ARS) to provide addiction treatment services to patients in this region. ARS operates addiction and substance abuse treatment centers in five states and will operate a new facility we are together building in Cherry Hill. The below press release*, which has additional information, was issued this morning.
Drug addiction and overdose deaths continue to rise across the nation. This is a great opportunity for Cooper to fill a critical community need for effective addiction treatment services with a partner that has significant expertise. This is the first major project announcement as part of our new strategic initiative to diversify our business portfolio for long-term growth. We believe this partnership is going to be a great success.
*Read the full press release for details and renderings.