US Acadia, bought the Priory Group for 1.28 bn last year and now owns half of all mental/behavioural services in England..
95% of The Priory Group income is now public money.In 2015/16 it received over 250 million of NHS funds.
Joey Jacobs owns Acadia Behavioural Healthcare Services and earned 8,241,847 dollars in salary, bonus and shares in 2014.
Tom Riall, Formally chief executive of Serco, with all its known financial scandals, was made CO of the Priory Group and is also a Director of 166 other learning disability companies including the Affinity Trust now Affinity Group and effectively controls most mentally disabled residential groups. His net worth is 1.66 billion
Due to five formal notices served by Coroners because of deaths in the Priory Group Riall moved on to My Dentist.
Does this sound like a cash strapped NHS ?? no it is a bonanza for private venture capital .
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