Welcome to our dedicated page for Acadia Healthcar news (Ticker: ACHC), a resource for investors and traders seeking the latest updates and insights on Acadia Healthcar stock.
Acadia Healthcare Company Inc. (ACHC) delivers essential behavioral health services through inpatient psychiatric hospitals, residential treatment centers, and outpatient clinics nationwide. This news hub provides investors and industry professionals with authoritative updates on ACHC's operational developments, financial performance, and strategic initiatives.
Key resources include earnings announcements, partnership disclosures, facility expansion updates, and regulatory filings. Our curated feed ensures timely access to material events affecting this specialized healthcare provider, from new treatment program launches to leadership changes.
Monitor critical updates including patient care innovations, acquisition activity, and compliance developments in the behavioral health sector. Bookmark this page for consolidated access to ACHC's official communications and third-party analysis of market-moving events.
Acadia Healthcare Company (ACHC) will release its first quarter 2022 results on May 3, 2022, post-market. A conference call for investors and analysts is scheduled for 9:00 a.m. ET on May 4, 2022, with a live broadcast available on their website. As of December 31, 2021, Acadia operates 238 facilities with approximately 10,500 beds across 40 states and Puerto Rico, serving around 70,000 patients daily. Acadia is the largest stand-alone behavioral health provider in the U.S.
Southcoast Behavioral Health in Dartmouth, Massachusetts, is expanding its child and adolescent behavioral health program, increasing its bed capacity from 144 to 192 beds. This expansion, set for completion in the first half of 2023, marks the second increase since the hospital's opening in 2015. The new capacity will help the hospital become the second largest behavioral health facility in the state, addressing growing community needs. The program aims to deliver comprehensive care for a wide range of behavioral health disorders to patients of all ages.
Acadia Healthcare Company (ACHC) announced strong financial results for Q4 and full-year 2021, with revenue reaching $593.5 million, a 10.7% increase from Q4 2020. Adjusted EBITDA was $156.1 million, down slightly from the previous year. Net income was $70.3 million, compared to a significant loss in Q4 2020. The company expects 2022 revenue between $2.55 and $2.60 billion and plans to open new facilities, including a 60-bed children's hospital in Chicago. Acadia maintains strong liquidity with $133.8 million in cash as of year-end 2021.
Acadia Healthcare Company (NASDAQ: ACHC) will release its fourth quarter and year-end 2021 results on February 28, 2022, post-market. A conference call for institutional investors is scheduled for March 1, 2022, at 9:00 a.m. ET, with a live broadcast available on their website. Acadia operates 238 behavioral healthcare facilities, offering around 10,500 beds across 40 states and Puerto Rico, serving approximately 70,000 patients daily with over 22,500 employees.
Acadia Healthcare Company (NASDAQ: ACHC) will present virtually at the 40th Annual J.P. Morgan Healthcare Conference from January 10-13, 2022. The presentation is scheduled for January 12 at 4:30 p.m. ET, and a live webcast will be hosted on the company’s website at www.acadiahealthcare.com. A replay will be accessible for 30 days following the event. As of September 30, 2021, Acadia operates 230 facilities with approximately 10,200 beds across the U.S. and Puerto Rico, serving around 70,000 patients daily.
Harris Williams announces the successful sale of CenterPointe Behavioral Health System to Acadia Healthcare Company. CenterPointe, a leading provider of inpatient and outpatient behavioral health services, has a strong reputation in the Midwest. This transaction highlights the growing interest in healthcare investments, particularly in behavioral health. Acadia, operating over 230 facilities across the U.S., aims to expand its services with this acquisition. NaviMed Capital, Health Enterprise Partners, and Siguler Guff were integral in CenterPointe’s growth.
Acadia Healthcare (NASDAQ: ACHC) has successfully acquired CenterPointe Behavioral Health System, Missouri's largest behavioral healthcare provider. This strategic acquisition enhances Acadia's service offerings and expands its footprint in key markets.
The deal includes four inpatient hospitals and several outpatient locations, funded through cash and credit. Acadia expects immediate financial accretion, improved operational scale, and enhanced patient care services, especially for veterans. This move aligns with Acadia's disciplined growth strategy and commitment to meet rising behavioral health demands.
Acadia Healthcare Company (NASDAQ: ACHC) has successfully acquired real estate for three non-operational facilities in Chicago, Illinois. This includes a 60-bed children's hospital, a 101-bed adult hospital, and an outpatient facility. Acadia plans to invest in infrastructure improvements and expects to open the children's hospital and outpatient facility in summer 2022, with the adult hospital following in early 2023. This step addresses the growing need for behavioral health services in Chicago and aligns with Acadia's strategic focus on expanding its presence in underbedded markets.
Acadia Healthcare (ACHC) has announced a joint venture with Fairview Health Services to build a new inpatient mental health and addiction facility in Minnesota's Twin Cities' East Metro. This project will feature 144 inpatient beds and represents a significant investment of over $50 million, aimed at improving access to mental health services in the region. With the growing demand for advanced behavioral healthcare, this facility will enhance the quality of care provided and is designed to create a therapeutic environment for patients.
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