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. reports developments tied to its national behavioral healthcare services business. The company owns and operates acute inpatient psychiatric facilities, specialty treatment facilities, comprehensive treatment centers, residential treatment centers and outpatient behavioral health clinics serving communities in the United States and Puerto Rico.
Recurring news for ACHC includes quarterly operating results, same-facility revenue, patient days, admissions, revenue per patient day, adjusted EBITDA guidance and performance across its facility categories. Company updates also cover facility network changes, investor conference participation, board composition, executive leadership transitions and operational initiatives in behavioral healthcare and recovery services.
Acadia Healthcare Company (NASDAQ: ACHC) will announce its Q2 2021 earnings on August 2, 2021, post-market. A conference call for investors is scheduled for August 3, 2021, at 9:00 a.m. ET. Acadia operates 228 behavioral healthcare facilities across the U.S. and Puerto Rico, with around 10,000 beds and over 20,000 employees, serving approximately 70,000 patients daily. The company is recognized as the largest stand-alone behavioral health provider in the U.S., offering services in various settings including inpatient, residential, and outpatient care.
Acadia Healthcare (ACHC) has announced a joint venture with Bronson Healthcare to build a new 96-bed behavioral health facility in Battle Creek, Michigan. This facility aims to meet the increasing demand for accessible behavioral health services in the region, addressing conditions like anxiety and PTSD. Expected to open in early 2023, the comprehensive inpatient services will enhance care quality for adults in southwest Michigan. Acadia currently operates 228 facilities nationwide, serving approximately 70,000 patients daily, and this partnership expands its treatment network significantly.
Bronson Healthcare and Acadia Healthcare Company announced a joint venture to build a 96-bed inpatient behavioral health facility in Battle Creek, Michigan. This $35 million investment, addressing the need for accessible behavioral health services, will feature a full continuum of care for conditions like anxiety, depression, and PTSD. Groundbreaking is set for this fall, with the facility expected to open in early 2023. The partnership aims to enhance care delivery by integrating physical and mental health services.
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.