Acadia Healthcar Stock Price, News & Analysis

Acadia Healthcare Company (NASDAQ: ACHC) will participate in the Jefferies Virtual Healthcare Conference from June 1 to June 4, 2021. A live webcast of their presentation is scheduled for June 2, 2021, at 11:00 a.m. Eastern Time, available on their website.

Acadia operates 228 behavioral healthcare facilities with approximately 10,000 beds across 40 states and Puerto Rico, serving around 70,000 patients daily. They are the largest stand-alone behavioral health company in the U.S.

Acadia Healthcare Company (NASDAQ: ACHC) will participate in two virtual healthcare conferences. The first is the BofA Securities 2021 Healthcare Conference on May 13, 2021, at 10:15 a.m. ET. The second is the RBC Capital Markets Global Healthcare Conference on May 19, 2021, at 11:30 a.m. ET. Live webcasts will be available on the Company’s website, with replays accessible for 30 days. Acadia is a leading provider of behavioral healthcare in the U.S., operating 228 facilities with approximately 10,000 beds, and serving about 70,000 patients daily.

Acadia Healthcare Company (ACHC) reported a revenue increase of $551.2 million for Q1 2021, up from $509.2 million in Q1 2020. Adjusted EBITDA rose to $119.5 million from $96.7 million. However, net income decreased to $9.7 million ($0.11 per share) compared to $33.5 million ($0.38 per share) in the prior year. Same-facility revenue grew by 7.4%, and Acadia expanded operations, adding 92 beds and opening two treatment centers. The company expects revenue guidance for 2021 to be between $2.24 billion and $2.29 billion.

Acadia Healthcare Company (ACHC) will release its Q1 2021 financial results on April 29, 2021, after market close. This will be followed by a conference call for investors and analysts on April 30, 2021, at 9:00 a.m. ET. Acadia operates 227 behavioral healthcare facilities, providing services to approximately 70,000 patients daily. With about 9,900 beds across 40 states and Puerto Rico, Acadia is the largest stand-alone behavioral health provider in the U.S., employing over 20,000 staff.

Acadia Healthcare Company (NASDAQ: ACHC) has partnered with Geisinger Health to establish two new 96-bed behavioral health facilities in central and northeastern Pennsylvania. The facilities will provide comprehensive inpatient services for various patient groups, including adults and children. The first facility is set to open in 2022, followed by the second in 2023. This joint venture aims to address the growing demand for behavioral health services in the region, focusing on conditions like anxiety, depression, and PTSD.

Acadia Healthcare (NASDAQ: ACHC) has formed a joint venture with Lutheran Health Network of Indiana to establish a new behavioral health hospital in Fort Wayne, Indiana. This collaboration aims to improve access to quality behavioral health services addressing rising local demands. Set to open in Spring 2022, the facility will have 120 beds for treating adults, seniors, and adolescents with mental health disorders. Acadia, the largest stand-alone behavioral healthcare provider in the U.S., operates 227 facilities nationwide and serves about 70,000 patients daily.

Acadia Healthcare Company (ACHC) reported Q4 2020 revenue from continuing operations of $541.3 million, up from $501.2 million in Q4 2019. However, the company faced a net loss of $783.7 million, significantly higher than the $11.3 million loss in the same quarter last year, mainly due to a loss on the sale of its U.K. operations. Acadia expects 2021 revenue between $2.23 billion and $2.28 billion. The company reported strong U.S. same facility revenue growth of 7.6% and added numerous facilities, reflecting a commitment to expanding services.

Acadia Healthcare Company (NASDAQ: ACHC) will participate in the Raymond James 42nd Annual Institutional Investors Conference from March 1-3, 2021. An online webcast of its presentation will be accessible on March 2 at 2:10 p.m. ET. Attendees are encouraged to visit Acadia's website at least 15 minutes prior to the event to prepare. Acadia operates 227 behavioral healthcare facilities with about 9,900 beds across 40 states and Puerto Rico, serving roughly 70,000 patients daily, making it the largest stand-alone behavioral health provider in the U.S.

Acadia Healthcare Company, Inc. (NASDAQ: ACHC) will release its fourth quarter and year-end 2020 results on February 25, 2021, post-market close. A conference call for analysts and investors is scheduled for February 26, 2021, at 10:00 a.m. ET, which will be accessible via their website. Acadia is the largest stand-alone behavioral health provider in the U.S., operating 227 facilities with approximately 9,900 beds across 40 states and Puerto Rico, serving around 70,000 patients daily.