The Next Big Biotech AAC Holdings Inc (NYSE:AAC), Tocca Life Holdings Inc (OTCMKTS:TLIF)
Drinking by underage persons (ages 12 to 20) has declined. Current alcohol use by this age group declined from 28.8 to 22.7 percent between 2002 and 2013, while binge drinking declined from 19.3 to 14.2 percent and the rate of heavy drinking went from 6.2 to 3.7 percent.†
Binge and heavy drinking are more widespread among men than women. In 2013, 30.2 percent of men and 16.0 percent of women 12 and older reported binge drinking in the past month. And 9.5 percent of men and 3.3 percent of women reported heavy alcohol use.
Driving under the influence of alcohol has also declined slightly. In 2013, an estimated 28.7 million people, or 10.9 percent of persons aged 12 or older, had driven under the influence of alcohol at least once in the past year, down from 14.2 percent in 2002. Although this decline is encouraging, any driving under the influence remains a cause for concern.
Rates of alcohol dependence/abuse declined from 2002 to 2013. In 2013, 17.3 million Americans (6.6 percent of the population) were dependent on alcohol or had problems related to their alcohol use (abuse). This is a decline from 18.1 million (or 7.7 percent) in 2002.
After alcohol, marijuana has the highest rate of dependence or abuse among all drugs. In 2013, 4.2 million Americans met clinical criteria for dependence or abuse of marijuana in the past year—more than twice the number for dependence/abuse of prescription pain relievers (1.9 million) and nearly five times the number for dependence/abuse of cocaine (855,000).
There continues to be a large “treatment gap” in this country. In 2013, an estimated 22.7 million Americans (8.6 percent) needed treatment for a problem related to drugs or alcohol, but only about 2.5 million people (0.9 percent) received treatment at a specialty facility.
*Note that the terms dependence and abuse as used in the NSDUH are based on diagnostic categories used in the Fourth Edition of the Diagnostic and Statistical Manual of Mental Disorders (DSM-IV); in the newly published Fifth Edition (DSM-V), those categories have been replaced by a single Substance Use Disorder spectrum.
Learn More
For complete NSDUH findings, visit: www.samhsa.gov/data/sites/default/files/NSDUHresultsPDFWHTML2013/Web/NSDUHresults2013.htm#3.1.2
For more information about drug use among adolescents, visit: www.drugabuse.gov/publications/drugfacts/high-school-youth-trends
Tocca Life Holdings Inc (OTCMKTS:TLIF)
TOCCA Life Holdings, Inc., incorporated on May 25, 1989, through its subsidiary, TOCCA Life Coaching, Inc., provides structured sober living facilities, and illicit and prescribed drug monitoring. The Company offers clinical toxicology laboratory testing for its sober living facilities. The Company, along with providing halfway house, recovery residence, sober or transitional living experience, is also engaged in the 12 Step Program and in organizing sports events as part of its transitional program. It also offers Strategic Life Coaching, Sober Corporate Event Companions and Occupational Coaching. The Company’s TOCCA Life application caters to the Alcoholic Anonymous (AA), Narcotic Anonymous (NA) and Cocaine Anonymous (CA) victims of addiction.
The Company’s Sober Living Halfway House and Strategic Coaching is for individuals recently in an addiction drug treatment facility, drug detox rehab or in recovery from alcohol and drug addiction and are willing to abstain from alcohol and mind-altering substance abuse within a structured environment while practicing the 12 Step Program of AA and NA. The Company provides the options of weight training to wake boarding during free time at its transitional living home. The Company’s transitional living allows for learning of the basics of budgeting to advanced skills of credit underwriting.
Through the use of equipment, materials and demonstrations, the Company’s Transitional Living Focus Group offers experience in cooking, cleaning, household maintenance, business etiquette, basic math, basic banking, computer skills, writing skills, life coaching, transitional living management, graphic art, information technology, marketing, television production, interest rate theories, credit cost valuation, mortgage banking, business models, business infrastructures, business ethics and entrepreneurship, among others. The TOCCA Lifestyle starts with the TOCCA House located in the town of Lake Worth, Florida. The Company’s facilities include private pool in the back yard, three commons areas, fields, lakes and other amenities. It offers a platform for members to work on future plans, including exploring a career.
AAC Holdings Inc (NYSE:AAC)
AAC Holdings, Inc., incorporated on February 12, 2014, is a provider of inpatient substance abuse treatment services for individuals with drug and alcohol addiction. As of March 1, 2015, the Company operated seven residential substance abuse treatment facilities and one outpatient substance abuse treatment facility. Its substance abuse treatment facilities are located throughout the United States, focused on delivering clinical care and treatment solutions across its 560 beds, which includes 378 licensed detoxification beds, as of March 1, 2015. It has made investments in its treatment facilities. The Company provides care to adults and adolescents struggling with alcohol and/or drug abuse and dependence, as well as co-occurring mental health issues.
The Company offers various types of therapy, which include motivational interviewing, cognitive behavioral therapy, rational emotive behavior therapy, dialectical behavioral therapy, solution-focused therapy, seeking safety, eye movement desensitization and reprocessing, and systematic family intervention. Its range of therapy settings includes individual, group, family, recovery-oriented challenge, expressive (with a focus on music and art) and equine and trauma therapies. The Company offers a spectrum of treatment services to clients, based upon individual needs as assessed through evaluations at admission and throughout participation in the program. Its various treatment services include detoxification, residential treatment, partial hospitalization and intensive outpatient services.
The Company’s Detoxification is conducted at an inpatient facility for clients with physical or psychological dependence. Detoxification services are designed to clear toxins out of the body so that the body can adjust and heal itself after being dependent upon a substance. Its Clients undergo routine urinalysis screenings and are medically monitored 24 hours a day, seven days a week by medical professionals. The Company provides detoxification services for several substances including alcohol, sedatives and opiates.
Residential care is a structured treatment approach designed to prepare clients to return to the general community. Treatment is provided on a 24 hours a day, seven days a week basis, and services include a minimum of two individual therapy sessions per week, regular group therapy, family therapy, didactic and psycho-educational groups, exercise (if cleared by medical staff), case management, routine urinalysis screenings and recreational activities. Medical and psychiatric care is available to all clients, as needed, through its contracted professional physician groups.
Partial hospitalization is a structured program providing care at least five days a week for no fewer than six hours a day. This program is designed for clients who are stable enough physically and psychologically to participate in everyday activities, but who still require a degree of medical monitoring. Services include a minimum of weekly individual therapy, regular group therapy, family education and therapy, didactic and psycho-educational groups, exercise (if cleared by medical staff), case management, routine urinalysis screenings and off-site recovery meetings and activities. Medical and psychiatric care is available to all clients, as needed, through its contracted professional physician groups.
Intensive outpatient service is a structured program providing care three days a week for three hours per day at a minimum. Its Services include weekly individual therapy, group therapy, family education and therapy, didactic and psycho-educational groups, case management, frequent urinalysis screenings, off-site recovery meetings and activities, and intensive transitional and aftercare planning.
Considering the high level of co-occurring substance abuse, mental health and medical conditions, The Company offers its clients a spectrum of psychiatric, medical and wellness-focused services based upon his or her individual needs as assessed through evaluations at admission and throughout his or her participation in the program, which include assessment of individual substance abuse, mental health and medical history and physical within 24 to 72 hours of admission; psychiatric evaluations; psychological evaluations and services; follow-up appointments with physicians and psychiatrists; medication monitoring; educational classes regarding health risks, nutrition, smoking cessation, human immunodeficiency virus (HIV) awareness, life skills, healthy nutritional programs and dietary plans; access to fitness facilities; interactive wellness activities, such as swimming, basketball and yoga, and structured daily schedules designed for restorative sleep patterns. Some of its facilities offer work-out facilities, and many locations offer various exercise classes and other amenities.
The Company competes with Acadia Healthcare Company, Inc. and CRC Health Corp.
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