Oceans Healthcare's Stuart Archer Wins EY's Entrepreneur of the Year - Health 2018 Award

Aug 6th, 2018

Plano, Texas – Stuart Archer, president and CEO of Oceans Healthcare, has been named EY’s Entrepreneur Of The Year® 2018 Award in the Health category in the Southwest region. The awards program recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their business and community.

Archer joined Oceans Healthcare, a Plano, Texas-based behavioral health treatment provider focusing largely on older adults and seniors, in 2014. An American College of Healthcare Executives Fellow (FACHE), he serves as an at-large member of the National Association of Psychiatric Health Systems Board of Trustees and is an advocate for increased access and coverage for behavioral health services. He has served as a senior executive at several publicly traded and privately held companies.

“This recognition is bigger than just one person,” Archer said. “I get the chance every day to work with a team of extraordinary caregivers who work passionately to serve older adults and seniors often overlooked in the behavioral health care continuum.”

“The behavioral health industry is shifting and changing to meet a variety of challenges, especially for older adults and seniors,” Archer continued. “Oceans Healthcare is built on a unique mission to fulfill a growing need for this population. We’ve made great strides to increase access to mental health services for some of the most vulnerable members of our society but know there is more to be done. As baby boomers continue to age, more individuals need our help each year. I am grateful to the families who entrust us with the care of their loved ones and I thank EY for the opportunity to spotlight behavioral health on a national platform.”

Under Archer’s direction, Oceans Healthcare transitioned from a simple behavioral health company into a thriving health care system built on a mutual dedication to its six core convictions – dignity, comprehensive care, quality, honesty, support and teamwork.

The company also experienced rapid revenue growth in revenue from 2014 to 2017 and has doubled the number of lives impacted in that time by providing inpatient and outpatient behavioral health treatment to nearly 15,000 individuals in 2017. Its Louisiana and Texas facilities have expanded outpatient programming options to include under-served populations like active-duty and veteran military members and have added substance use disorder treatment options in key at-risk communities.

For this growth, Oceans Healthcare has been recognized as an Inc. 5000 and Dallas Business Journal Middle Market 50 “Fastest Growing Company” the previous three years.

Archer was named the winner in the Southwest region at a special gala event in June. He is now eligible for the national Entrepreneur of the Year award, which will be announced at a special event held in Palm Springs, California, in November.

Now in its 32nd year, the Entrepreneur Of The Year® program is the world’s most prestigious business awards program for entrepreneurs and prominent leaders from business, finance and the local community. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement.

The program has expanded to recognize business leaders in more than 145 cities and more than 60 countries throughout the world.

For more information, please visit ey.com/eoy.

 

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