Brown Schools History

[Dr Fucktard]

SIBS is open for business! Bring 'em on in and we'll straighten 'em out for you. Do it now.

[Deborah]

http://www.chron.com/cs/CDA/ssistory.mp ... an/3131800

April 12, 2005, 9:51PM

County may help troubled program
Schools for young offenders stay open despite contractor's bankruptcy
By BILL MURPHY
Copyright 2005 Houston Chronicle

A Harris County program that provides schools for 1,200 juvenile offenders and youths expelled from their home schools will continue to operate despite the bankruptcy of the company that runs it, a county official said Tuesday.

Harvey Hetzel, director of the county's Juvenile Probation Department, told Commissioners Court that the county can temporarily take over management of the program if necessary.

Brown Schools Inc. teaches about 600 youths in schools at the county's six detention facilities.

It also runs a two-campus, state-mandated program for about 600 students expelled by local school districts.

The Austin-based company filed for Chapter 7 bankruptcy March 25.

Its assets, including its contract with the county, will be sold.

"We got no warning. At 8 o'clock on Good Friday, they filed," Hetzel said. "We aren't in a panic mode. We've got it under control."

Brown Schools runs boarding schools and educational facilities for youths in Texas, California, Florida, Idaho and Vermont.

Brown officials didn't return calls.

Brown has managed the two county programs since 1998.

Required education
The juvenile probation department is required by state law to provide alternative education for students facing mandatory expulsion for committing crimes, such as bringing guns to school, and others expelled at a school district's discretion.

Brown was paid $3.8 million to run the two-campus school for such students and another $4.3 million to run schools at detention facilities, Hetzel said.

State and federal money was used to pay for the programs' costs, Hetzel said.

The court-appointed trustee overseeing the bankruptcy has said Brown Schools will continue running its schools until April 22.

That period could be extended, but if it is not, the county is working to keep Brown's staff intact and pay them with money that the county would have paid to Brown, Hetzel said.

It is too late for the county to put out a bid to provide school services starting in August.

The county may end up managing the schools for the 2005-2006 school year, and then seek bids for the 2006-2007 year, Hetzel said.

No local operation links
Brown Schools' methods have drawn criticism from state regulators and resulted in lawsuits against it, the Austin-American Statesman reported.

Hetzel said he did not believe that any of the six legal settlements that led to $425,000 in unsecured claims listed in the bankruptcy filing stemmed from Brown School's operations in Harris County.

Most of the lawsuits were brought by former residents of the company's residential treatment programs, not their school operations, Hetzel said.

[email protected]

[Deborah]

http://www.bonnercountydailybee.com/art ... news03.txt

Trustee doubts lawsuit's validity
Posted: Saturday, Apr 16, 2005 - 10:08:26 am PDT
By ELIZABETH CIEPIELA
Hagadone News Network

BONNERS FERRY -- The Brown Schools' bankruptcy trustee George Miller says he doubts whether a class-action lawsuit filed Tuesday by former CEDU employees against McCown, De Leeuw & Co. (MDC) is valid since it wasn't filed in Delaware.

"You gotta file it in Delaware," Miller said Friday. "If it's not filed in Delaware, we don't have to respond to it."

"Any lawsuit against the bankrupt organization ... in my opinion, has to be brought in bankruptcy court."

Miller is a tax accountant by profession.
 
But the prosecuting attorney for the class-action lawsuit, Robert S. Banks, said the lawsuit was valid.

"We don't have anything to do with a bankruptcy," Banks said. "We're not suing the Brown Schools. We're suing MDC and that is our only defendant. I don't see how the bankruptcy court could have any jurisdiction."

Officials with the United States Bankruptcy Court in Delaware could not be reached for comment; neither could the federal court in Coeur d' Alene.

On Friday, MDC received the court summons. The company has 20 days to respond. MDC did not return calls for comment.

Banks maintains MDC is responsible for the abrupt closure of the Brown Schools.

"We gathered the facts that we were able to gather, and it sure looked to us like McCown (MDC) had a significant amount of influence at the Brown Schools," Banks said. "It looks like the company made the decision to close those schools without notice."

"I think it's a very good case," he added. "When you have a third party controlling an employer and actually ... making management decisions about how the employers are to be operated ... then there is liability on that third party."

[Anonymous]

http://www.bonnercountydailybee.com/art ... tter01.txt

CEDU clarification
"Thank you for your coverage of the tragic closing and Chapter 7 filing of The Brown Schools in your April 6 edition. However, your story contained a number of factual errors, which need to be corrected for the record by your publication.
Your news story gives an erroneous impression to your readers on many key issues regarding ownership of the schools and the decision making surrounding the bankruptcy filing, and confuses operations with investment. Rather than reply to each specific statement, we have provided an overall correction of several facts below. Please make, as quickly as possible, the following factual corrections in the next edition of your publication:
The decision to close the CEDU facilities and file for Chapter 7 bankruptcy protection was made and announced by The Brown Schools' board of directors in order to protect the safety of the students at the schools.
Neither McCown De Leeuw & Co. (MDC), nor any of its employees, were part of the decision by the Board; and in fact MDC did not have any employees on the board of The Brown Schools at the time of the filing. Additionally, please note that David De Leeuw has not been active with MDC for several years, and was never involved with The Brown Schools.
The CEDU facilities were owned by The Brown Schools. CEDU was not, and has never been, owned directly by MDC. Further, MDC has never been responsible for the day-to-day management of The Brown Schools or any of its subsidiaries, and no one serving in the day-to-day management of the company did so while an employee of MDC.
As an investor in and a major creditor of The Brown Schools, MDC did everything in its power to preserve the operations of the schools, including unsuccessful attempts to facilitate debtor-in-possession financing with Teachers Insurance and Annuity Association, the company's senior lender. In fact, over the past several years, MDC has repeatedly provided millions of dollars to help maintain the programs offered at the schools, without receiving payments in return. With the bankruptcy, MDC is left being owed over $20 million by The Brown Schools.
SAM SINGER
San Francisco, Calif."


Who is Sam Singer?

[iknowcedulies]

Investigate Mark Wasserman  ,  sociopath and dishonest swindler who lied to the brown schools and told them it was legally profitable.  palm springs is a mafia town .   selfish me first fuck everybody else  narcisstic  screw all of you wasserman.

[Anonymous]

On 2005-03-28 07:44:00, Anonymous wrote:

"Seeing how large the Brown Schools corporation

is, then it makes no sense that they are not

paying staff, and vendor's, or contractors to

do a systematic shut down of the schools.



Even if they want to keep the accounting to the

CEDU subsidiary, it is a classless and selfish

move to not fund the closure of the schools."

Actually, for over a year now, the Brown Schools has been renting space for their headquarters from a treatment center that they used to own but had to sell.  There was nothing large about Brown Schools in the past few years.  More than anything it was a shell corporation that was used by its former owners, McCown, De Leeuw & Co (a private equity firm) to create a profit.  This was done by wringing every useful dollar out of the Brown Schools subsidiary, and when the money was gone, McCown, De Leeuw & Co dumped it.   The Brown Schools, and CEDU had literally no assets left, save for the physical plants at the various schools.  That is not exactly a liquid asset.  
True, they should have seen it coming, but insolvency can sneak up on you very fast, especially when you are facing lawsuits.

Thats all.

[Anonymous]

BROWN SCHOOLS



BEHAVIORAL PROGRAMS- TREATMENT CENTERS

BS of Beverly Hills Lecanto, Fl  No mention of Medicaid, Grants (look for article)

http://www.brownschools.com/beverlyhill ... Admissions

BS of Oklahoma Tulsa, Ok   No mention of Medicaid, accepts adjudicated youth

http://www.brownschools.com/oklahoma.html#Admissions

BS of Virginia - Charlottesville, Va.  Accepts Medicaid

http://www.brownschools.com/virginia.html

Cedar Springs- Colorado Springs, Co    Accepts Medicaid

http://www.brownschools.com/cedarsprings.html

Laurel Ridge ? San Antonio, Tx  Accepts Medicaid

http://www.brownschools.com/laurel_ridge.html

Nuevos Horizontes Treatment Center -  Guayama, Puerto Rico

Services for youth under the supervision of Administration of Juvenile Institutions (AIJ)

http://www.brownschools.com/puertorico.html

Oaks Treatment Center-  Austin, Tx  Accepts Medicaid, CHAMPUS/TRICARE

http://www.brownschools.com/oakstreatment.html

San Marcos Treatment Center - San Marcos, Tx  Accepts Medicaid, CHAMPUS/ TRICARE

http://www.brownschools.com/virginia.html



WILDERNESS PROGRAMS

ASCENT WILDERNESS  

ON TRACK,  Mason, Texas

http://www.ontrackprogram.com/



THERAPEUTIC BOARDING SCHOOLS

31 July 1998

Brown Schools buys controlling interest in CEDU

Continue here

http://www.google.com/search?hl=en&lr=& ... 2+%2B+cedu

http://www.strugglingteens.com/archives ... ews05.html



2002 ? Brown Schools goal is to provide $1 million in scholarship assistance each year." The fund offers 175 scholarships for the Emotional Growth Boarding Schools: Boulder Creek Academy, CEDU Mountain High and Middle Schools, King George School, Northwest Academy, and Rocky Mountain Academy.

http://www.cedu2.com/a/modules.php?name ... cle&sid=47



BOULDER CREEK  ACADEMY  Bonners Ferry, Idaho.  Federal Ed Funds Options may include; Loans, Home equity plans, Scholarships, Insurance reimbursement

http://www.bouldercreekacademy.com/tuition.htm



CEDU HIGH SCHOOL  Running Springs, California

Need based scholarship assistance, competitive-rate education loans, some insurance plans can reimburse a portion of the tuition, and Certified California Nonpublic School, so state education funds may be available.

http://www.ceduhighschool.com/tuition.php



CEDU MIDDLE SCHOOL  Running Springs, California

LOAN PLANS: CEDU has formed alliances with lending institutions to offer you the option of several different extended repayment plans. These plans provide families with low-cost loans, affordable monthly payments and flexible repayment terms. HOME EQUITY PLANS: Equity financing plans are available for those families who wish to obtain a line of credit based on the value of their home.  SCHOLARSHIP OPPORTUNITIES: Scholarships are available for families to help ensure program completion. Scholarships are based on economic need, determined by specific financial information. INSURANCE REIMBURSEMENT: For those families with medical insurance, CEDU will help investigate the possibility of insurance benefits for your child. Should you qualify, we will courtesy bill your insurance company on your behalf. http://www.cedumiddleschool.com/



KING GEORGE ACADEMY  Sutton, Vermont  

Enrollment  is strictly voluntary, students enrolled must agree to be part of a drug-, alcohol-, and tobacco-free environment. Works with several financial aid organizations, and can advise parents on securing financial assistance.

http://www.kinggeorgeschool.com/pages/admiss.html



NORTHWEST ACADEMY  Naples, Idaho

Loan Plans, Home Equity, etc. Same as CEDU Middle.  

http://www.northwestacademy.com/



ROCKY MOUNTAIN ACADEMY  Bonners Ferry, Idaho

Same as CEDU Middle.  

http://www.rockymtnacademy.com/finance.html



ALTERNATIVE EDUCATION FACILITIES

Provided in partnership with local school districts and juvenile justice agencies.



DALLAS COUNTY JUVENILE JUSTICE CHARTER SCHOOLS  Dallas, Tx

Admissions are limited to youth under the custody of Dallas County Juvenile Department

http://www.brownschools.com/dallascounty.html



EXCEL ACADEMY  Houston, Tx

Services for expelled youth and those youth transitioning out of the Harris County Juvenile Justice Charter School

Admissions are limited to youth under the custody of Harris County Juvenile Department

http://www.brownschools.com/excelacademy.html



HARRIS COUNTY JUVENILE JUSTICE CHARTER SCHOOLS  Houston, Tx

Services for pre- and post-adjudicated youth, ages 10-17, who are placed with Harris County Juvenile Department

Admissions are limited to youth under the custody of Harris County Juvenile Department.

http://www.brownschools.com/harriscounty.html



KINGSBURY AND NI'KE ACADEMIES  Ocala, Fl

Kingsbury Academy - a special education program for K-12th grade students NI'KE Academy - an alternative education program for K-12th grade students with behavioral issues

Admissions are limited to referrals from the Marion County Public Schools.

http://www.brownschools.com/kingsburynike.html



COMMUNITY BASED PROGRAMS

Least restrictive form of treatment we can provide is located in the community where the patient lives. These services include emergency shelters for abused or troubled teens, therapeutic foster care placement, transitional living for older adolescents, traditional outpatient services for emotional and substance abuse issues and group home placement.

The Brown Schools accepts referrals from every state and internationally

NATIONAL CALL CENTER   1-800-848-9090  Email: http://www.brownschools.com/Community.htm





2000-2001 Donated to IECA ?Independent Educational Consultants Assoc

http://www.iecaonline.com/iecafoundatio ... port01.pdf





BROWN SCHOOLS?GENERAL INFORMATION

Website: http://www.brownschools.com/



Brown operates 36 facilities in 11 states, including several in Florida.

http://www.sptimes.com/News/110101/Citr ... ds_p.shtml



Link to Brown Schools News Page.  Good stuff.

http://www.brownschools.com/news.html



The Brown Schools is the largest for-profit provider of services for the at-risk youth segment. The Brown Schools is nationally known for positively shaping behaviors of troubled youth and providing quality treatment for people of all ages who have emotional and behavioral problems, traumatic brain injuries, neurological issues, chronic illness or learning disabilities. The Company offers a spectrum of programs and services in Texas, Oklahoma, Colorado, Montana, Idaho, Florida, Virginia and Puerto Rico.

http://www.gleacher.com/MB-Brown_Schools.htm



1940   Brown Schools founded.  Primarily treatment centers in the South.

http://www.strugglingteens.com/archives ... ews05.html



Employment Ad for On Track Wilderness-Texas

Night ?Counselor? requirements, HS diploma and some experience with at-risk youth.

http://www.nationjob.com/showjob.cgi/otpm2.html



1967  CEDU founded by Mel Wasserman. Inspired by "The Prophet" by Kahul Gibran

http://www.strugglingteens.com/archives ... sit02.html



1970- 80s  CEDU gains prominence. Offers alternative to Juvenile Justice or Psych Hospitals.  http://www.strugglingteens.com/archives ... sit01.html



1988 - Texas  Brandon Hadden (18) dies at South Austin's Healthcare Rehabilitation Center, which has since been renamed.  Restrained in a straitjacket and held facedown on a bed, according to Michael Slack of Austin, who represented Hadden's mother. "He started to vomit in their presence . . . and choked to death with two staff members continuing to hold him down," Slack said. Charles Moody, defense lawyer for the Brown Schools in that case, settled it during trial in 1997 for an undisclosed amount.

http://www.austin360.com/statesman/edit ... ews_1.html



1990 ? Texas  17-year-old Diane Harris died in the Brown Schools' Seguin Community Treatment Center after five staff members placed her into a "basket hold," in which a person's arms are crossed in front of the chest. The center has since closed.  Grand jury brought no indictments, but  blasted the center for "the inadequate training of the staff administering the hold."  

http://www.austin360.com/statesman/edit ... ews_1.html



1991   CEDU Middle School founded.  Tim Brace is Headmaster.

http://www.strugglingteens.com/archives ... sit01.html



Feb 1992  CEDU Middle has 10 students.  Saul Rudman Admissions.

http://www.strugglingteens.com/archives ... /np03.html



Jan 1994 The Brown Schools are a group of psychiatric hospitals, residential treatment centers and community-based programs, primarily oriented to young people.

http://www.strugglingteens.com/archives ... /np02.html



Feb 1994 California  Tom Croke outlines problems and remedies at CEDU schools.

http://www.strugglingteens.com/archives ... sit01.html



King George, in Sutton, Vt- a Brown School

http://64.71.146.119/articles/topics/ca ... ounce.html



Hill Country Place, Austin, Tx- a Brown School

http://64.71.146.119/articles/topics/ca ... _hill.html



6 Mar 1998  William J Ballard, Chairman and CEO of Children's Comprehensive Services, Inc. ("CCS") (Nasdaq/NM: KIDS), today announced that it has exchanged its Houston, Texas, behavioral services facility for a similar facility located in Longview, Texas. As additional consideration for this exchange between the Company and The Brown Schools, CCS has received a cash payment of $3,000,000.

http://216.239.37.100/search?q=cache:dZ ... n&ie=UTF-8

 

20 June 1998 Brown School won't take two teens held in Jonesboro shootings due to media attention

http://216.239.37.100/search?q=cache:u1 ... n&ie=UTF-8



July 1998 Brain injured resident escapes-shot by police

http://www.onr.com/user/blackdog/Melton.htm



31 July 1998   Brown buys Controlling Interest in CEDU, five schools in California and Idaho as well as a therapeutic wilderness program in Idaho. Headquarters in Austin, Tx.

http://www.strugglingteens.com/archives ... ews03.html



Feb 1999 Harcourt resigns, Riley appointed. Mike Naylor appointed CEO of CEDU.  

http://www.strugglingteens.com/archives ... ews03.html



Sept 1999

These incidents and the government regulatory activity come at a time of debate in the youth work field about when it is appropriate to restrain a youth, what restraint techniques are safe ? and even whether youth workers should try to abandon restraint use altogether. http://216.239.37.100/search?q=cache:LV ... n&ie=UTF-8



1999-2000 Texas- Juvenile Justice Alternative Education Program Funding for this program comes through state appropriations, grants and agreements with local school districts and Deer Park ISD. During the 1999-2000 school year, the three JJAEP campuses, operated by Community Education Partners and The Brown Schools, served more than 800 students combined.

http://www.judgeeckels.org/News_Info/ed ... n/body.htm



6 June 2000   Dan Krabacher joined CEDU as president and CEO. Current interim president and CEO, Ann Knopf will become vice president of marketing and development for The Brown Schools Education Services Group. Krabacher- past director of program operations for Pacific Crest Outward Bound, where he operated five programs, delivering courses to 2,200 students annually and supervised 284 staff. http://www.strugglingteens.com/archives ... een03.html



26 June 2000 Vermont-   Brown Schools, headquartered in Austin, Texas, and owner of King George School, has not accepted the resignations of Linda Houghton, Rebecca Plona, Jane Hamilton and Nathan Boston, which had been submitted a few days before. The release asserted all issues had been resolved to the satisfaction of everyone involved.

http://www.strugglingteens.com/archives ... een03.html



7/2000 Statement On The King George School/ Brown Schools Issue by Robert Kantar, IECA Member.  Disagreements between founder Linda Houghton and the Brown Schools Mgt team including Mr. Paul Dudley Hart, President of Educational Services Division for the Brown Schools and Ms. Donna Burtanger, VP Marketing.

http://www.strugglingteens.com/archives ... ews05.html



15 July 2000- Idaho Krabacher to run Brown Schools in Idaho

http://www.ruralnorthwest.com/boundary/ ... 000715.htm

17 July 2000- Florida  Brown Schools await zoning review

http://www.sptimes.com/News/071700/Citr ... it_z.shtml

20 July 2000- Florida Police visit new youth home often

http://www.sptimes.com/News/072000/Citr ... yout.shtml

11 Sept 2000- Florida  Facility zoning faces challenge

http://www.sptimes.com/News/091100/Citr ... aces.shtml

5 Dec 2000- Florida  Worker accused of molesting 2

http://www.sptimes.com/News/120500/Citr ... _mol.shtml

12 Dec 2000- Florida  Incidents at facility increases concerns

http://www.sptimes.com/News/121200/Citr ... lity.shtml

12 Dec 2000- Florida  Officers catch Brown Schools' boys

http://www.sptimes.com/News/121200/Citr ... own_.shtml

27 Dec 2000- Florida Report finds problems at Brown Schools

http://www.sptimes.com/News/122700/Citr ... lems.shtml

25 May 2000- Florida 2 [employees] at Brown Schools disciplined

http://www.sptimes.com/News/052501/Citr ... s_di.shtml

28 Aug 2000 California  The Western Association of Schools and Colleges (WASC) recently granted a six-year accreditation to CEDU High School and CEDU Middle School , the longest accreditation awarded by the association. Brown serves 10,000 youths.

http://www.strugglingteens.com/archives ... een03.html

8 Apr 2001- Florida  The state Department of Juvenile Justice has awarded the Brown Schools of Florida a $766,500 contract in Miami-Dade, despite repeatedly faulting the company for improperly supervising youths in its Broward County delinquency programs.

http://www.iamforkids.org/campaign/chil ... 40801.html

25 July 2001- California  Sherry Thornton replaces Dan Krabacher as COO.  Promises to address parents concerns with restructuring.

http://www.strugglingteens.com/archives ... ews02.html

4 Sept 2001-  The Brown Schools Announces New Company Officers

http://www.mdcpartners.com/news/pr010904a.html

7 Sept 2001 Brown Schools wants advisers to be advocates School leaders envision a volunteer council that educates the public and highlights the school's good works.

http://www.stpetersburgtimes.com/News/0 ... ts_a.shtml

2 Oct 2001 Ruling on Brown Schools stands

http://www.stpetersburgtimes.com/News/1 ... choo.shtml

19 Nov 2001 A former chief financial officer of Corrections Corporation of America, Darrell Massengale has been named to a similar position at the Brown Schools. Will oversee 33 schools and facilities.

http://nashville.bizjournals.com/nashvi ... aily5.html

Nov 2001- Florida

The residents are boys and girls ages 10 to 17 who have emotional problems. DCF, which is required to serve them, hired Brown to do the job last year.

http://www.sptimes.com/News/110101/Citr ... ds_p.shtml

21 Dec 2001- Florida The DCF succeeded in removing Broward County Judge Ginger Lerner-Wren from the controversial case on Monday. Lawyers for the state said the judge became a witness when she saw a worker at the Brown Schools of Florida twist a child's arm during a visit earlier this month. Who was DCF protecting?children or Brown Schools?

http://www.sharedparenting.net/news/_di ... 000009.htm

http://216.239.37.100/search?q=cache:LV ... n&ie=UTF-8



27 Mar 2002-Texas Brown Fined $20,000 by Dept of Health for numerous violations.

http://www.tdh.state.tx.us/hcqs/blc/psyh_dis.htm



3 June 2002- Virginia   Brown Schools sells Cumberland Hospital in New Kent, Va., to Ardent Health Services. The 84-bed facility treats children and young adults ­ ages 6 to 22 ­ with complex medical and behavioral problems.

http://www.bizjournals.com/nashville/st ... ily12.html

7 June 2002 Texas  Oaks Treatment Center (Austin) appoints new CEO

http://austin.bizjournals.com/austin/st ... ily39.html

10 Oct 2002 When Rich Kids Go Bad

http://abcnews.go.com/sections/business ... 21010.html

16 Oct 2002- Texas   Mason sheriff investigating teen's death at youth camp Richardson 17-year-old died Monday after staff members used a 'physical hold' to restrain him

http://www.austin360.com/aas/metro/1016 ... death.html

Brown Schools Statement

http://www.austin360.com/aas/metro/1016 ... ement.html

17 Oct 2002  Virginia  Brown receives 4 citations.  Has racked up 99 Human Rights and Licensing violations in two-year period.

http://www.dailyprogress.com/frontpage/MGB0G2W547D.html

Interesting Public Comments on the Story and Brown

http://www.cvillenews.com/modules.php?o ... =0&thold=0

Winter 2002 Newsletter  John McLaughlin Company LLC, advisor of operators and investors in the education industry joins Brown.

http://www.aepp.org/newsletters/win_02/mem_news.html



With at least 6 deaths due to restraint, Brown starts selling psych facilities



13 February 2003

FRANKLIN, Tenn. (February 13, 2003) ? Psychiatric Solutions, Inc. (?PSI?) (Nasdaq: PSYS) today  announced that it has signed a definitive agreement for the purchase of six psychiatric facilities from  The Brown Schools, Inc. for $63 million in cash. The six facilities, which have an aggregate of 790  beds, are located in Austin, San Antonio and San Marcos, Texas; Charlottesville, Virginia; Colorado  Springs, Colorado; and Tulsa, Oklahoma. For 2002, the facilities produced combined revenues of  $76 million. Consummation of the transaction, which is subject to customary closing conditions, is  expected on March 31, 2003

http://64.233.179.104/search?q=cache:hF ... s%22&hl=en

6 May 2003 Psychiatric Solutions Inc (Joey Jacobs) merges with PMR

http://www.findarticles.com/p/articles/ ... i_85495212





June 2003

Psychiatric Solutions Inc (Joey Jacobs) recently purchased five inpatient facilities from The Brown Schools with another expected to be bought in mid-April. The six facilities collectively increase the total number of PSI inpatient beds to about 1,500.

Psychiatric Solutions Inc. has signed a definitive agreement to buy Ramsay Youth Services for $78 million in a deal that nearly doubles the number of inpatient beds owned by the Franklin-based company.

http://seattle.bizjournals.com/nashvill ... ily17.html



New York, NY ? (June 30, 2003) ? Brown Brothers Harriman today announced that The 1818 Mezzanine Fund II, L.P. (the ?Fund?) has purchased $1.0 million of a $25.0 million Series A Convertible Preferred Stock offering (the ?Series A Preferred?) issued by Psychiatric Solutions, Inc. (?PSI? or the ?Company?) in connection with two recent acquisitions. The Fund?s investment is in addition to a $10.0 million investment in Senior Subordinated Notes with Warrants (the ?Notes?), which the Fund purchased from PSI in July 2002. Half of the proceeds of the new Series A

Preferred were used, along with bank debt provided by the Company?s existing senior lender, to help finance the purchase of six freestanding behavioral healthcare hospitals from the Brown Schools (the ?Brown Schools Acquisition?). The remaining proceeds of the Series A Preferred were used in conjunction with a $150.0 million

offering of senior subordinated notes to acquire Ramsay Youth Services, Inc. (the ?Ramsay Acquisition?) and to refinance all existing debt (including the $10.0 million of Notes provided by the Fund). In addition to its investment in the Series A Preferred, the Fund continues to own common shares of PSI. Following the Brown Schools Acquisition and the Ramsay Acquisition, PSI is now the second largest operator of freestanding specialty psychiatric hospitals in the U.S. with 22 facilities. PSI also manages 48 behavioral healthcare units within general acute care hospitals owned by third parties. PSI was founded in 1997 by two former executives of Columbia HCA Healthcare (now known as HCA, Inc.), the largest medical surgical hospital chain in the U.S., and by a well-known healthcare industry consultant.

?Since our initial $10.0 million investment in July 2002, under the guidance of Joey Jacobs and his strong management team, PSI has continued to capitalize on the favorable supply -demand imbalance that exists in several markets in the

U.S. for treatment in freestanding behavioral healthcare facilities and, as a result, has delivered strong results in its base business,? commented Joe Donlan, a Managing Director of Brown Brothers Harriman and a co-manager of the 1818 Mezzanine Funds, who also serves as a member of PSI?s Board of Directors. ?The Brown Schools and Ramsay transactions are further proof of management?s ability to grow the Company by identifying and consummating the acquisition of attractive single and multi-facility behavioral healthcare providers. Further, the acquisition of the Brown Schools and Ramsay facilities provides PSI with an entry into the child and adolescent segment of the behavioral healthcare market, a segment with favorable demand and long-term growth prospects.? The 1818 Mezzanine Fund II, L.P

http://64.233.179.104/search?q=cache:Th ... ools&hl=en

3 May 2004

Acquisitions have been kind to Franklin-based Psychiatric Solutions and the company continues to add to its holdings.

Fueled by an increase in its bed county through the purchase of facilities, the company showed a 190 percent increase in revenues for the first quarter, reaching $108 million compared to $37 million during the first quarter of last year.

Including a loss of $6.4 million on the refinancing of long-term debt, the company showed a net loss in the quarter of $360,000 compared to earnings in the first quarter last year of $789,000.

http://64.233.179.104/search?q=cache:DM ... s%22&hl=en



http://www.tennessean.com/business/comp ... 9856.shtml



Psychiatric Solutions Inc (Joey Jacobs) purchased Brown Schools. Financed by Brown Brothers Harriman.



http://www.nybookdistributors.com/wall_ ... thers.html

Brown Brothers Harriman & Co. is America's oldest and largest private bank. The firm traces its origins to December 1800, when Alexander Brown emigrated from Ireland and established an "Irish Linen Warehouse" in Baltimore, where he would eventually be joined by his four sons. John A. Brown & Co. was established by the third son in Philadelphia in 1818 and it is from this firm that the present-day Brown Brothers Harriman & Co. descends.



http://www.parallaxresearch.com/datacli ... ablishment

Because Brown Brothers, Harriman is a private banking firm it has relatively no government supervision and does not publish an- nual report. In other words, we know NOTHING about its operations - at least we know nothing from Brown Brothers, Harriman sources Here's a line-up of Brown Brothers, Harriman partners who were also members of The Order in the mid 1970s: Name of Partner Date Initiated Walter H. Brown 1945 Prescott Sheldon Bush 1917 Granger Kent Costikyan 1929 Edward Roland Noel Harriman 1917 W. Averell Harriman 1913 Stephen Young Hord 1921 Robert Abercrombie Lovett 1918 John Beckwith Madden 1941 Knight Woolley 1917 It's worth thinking about this concentration of names and the power it represents in the light of outside comments on The Order over the years.

[joseph131]

Harvey Hetzel the director of the county's Juvenile Probation Department told the Commissioners Court that the county can temporarily take over management of the program if necessary. And they said Harris County program provides schools for 1,200 juvenile offenders and youths expelled from their home schools will continue to operate despite the bankruptcy of the company that runs it. That is better.



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