Welcome to our dedicated page for Acadia Healthcare Company news (Ticker: $ACHC), a resource for investors and traders seeking the latest updates and insights on Acadia Healthcare Company stock.
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Henry Ford Health and Acadia Healthcare appoint Emily Sexton as CEO of Henry Ford Behavioral Health Hospital, a new 192-bed inpatient facility in West Bloomfield, Michigan, to meet the growing need for quality behavioral healthcare services.
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1.3%
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Orlando Health and Acadia Healthcare Break Ground on Construction of a New Behavioral Health Hospital in Apopka, Florida, with an anticipated opening in Spring 2025. The joint venture partnership aims to expand access to critical mental health services in the Orlando metro area, offering comprehensive inpatient and outpatient treatment for various mental health conditions.
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0.91%
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Acadia Healthcare Company, Inc. (ACHC) will release its Q4 and year-end 2023 results on February 27, 2024, followed by a conference call with investors and analysts on February 28, 2024. The live broadcast will be available on the company's website for 30 days.
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-0.28%
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Ascension Seton and Acadia Healthcare Announce Joint Venture to Expand Behavioral Healthcare in Austin, Texas - ASCN
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Acadia Healthcare Company, Inc. (NASDAQ: ACHC) forms a joint venture partnership with Ascension Seton to expand access to behavioral healthcare in Austin and surrounding communities. The partnership will focus on expanding operations at Cross Creek Hospital and constructing a 106-bed expansion of the acute behavioral hospital, increasing the total licensed bed count to 196 upon completion. The new hospital, named 'Cross Creek Hospital together with Ascension Seton,' will be a training site for students, residents, and fellows from Dell Medical School at The University of Texas at Austin. This is Acadia's second joint venture partnership with Ascension, and the company now has 21 joint venture partnerships with premier health systems across the United States.
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Acadia Healthcare Company, Inc. (NASDAQ: ACHC) will present at the 42nd Annual J.P. Morgan Healthcare Conference from January 8-11, 2024, at The Westin St. Francis, San Francisco, California. The webcast of the presentation will be available on the Company’s website starting at 2:15 p.m. Pacific Time/4:15 p.m. Central Time on Tuesday, January 9, 2024, with a replay available for thirty days.
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Acadia Healthcare Company, Inc. (NASDAQ: ACHC) has opened Coachella Valley Behavioral Health, a state-of-the-art 80-bed hospital in Indio, California. The hospital aims to address the significant need for more accessible, high-quality behavioral healthcare services in the greater Riverside County area. The facility will offer a full continuum of inpatient and intensive outpatient behavioral healthcare services for adults, older adults, and pediatric patients, including comprehensive treatment for those with acute symptoms of general mood disorders, thought disorders, and dual diagnosis/substance use disorders. This new hospital is one of the only freestanding behavioral health hospitals in the region, providing much-needed services that were previously only available at facilities located hours away. The opening of Coachella Valley Behavioral Health aligns with Acadia Healthcare's mission to expand access to behavioral health treatment programs in communities with critical need, not only in California but also across the country.
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-2.77%
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Acadia Healthcare Company, Inc. (NASDAQ: ACHC) will participate in two conferences in November, the Wolfe Research Healthcare Conference 2023 and the Stephens Annual Investment Conference. The live webcast of the presentations will be available on the Company’s website, www.acadiahealthcare.com, with replays available for 30 days.
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-1.99%
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Acadia Healthcare Company, Inc. reported a 12.5% increase in revenue for the third quarter of 2023, reaching $750.3 million. Same facility revenue grew by 13.0%, driven by a 6.6% increase in revenue per patient day and a 6.0% increase in patient days. Net loss attributable to Acadia was $217.7 million, while adjusted income was $83.9 million. Adjusted EBITDA increased by 13.4% to $175.9 million. The company made progress in its strategic growth objectives, including facility expansions, de novo facilities, joint ventures, acquisitions, and expanding its continuum of care. Acadia has a strong financial position with $99.6 million in cash and cash equivalents and $520 million available under its revolving credit facility.
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ECU Health and Acadia Healthcare have started construction on a state-of-the-art, 144-bed behavioral health hospital in Greenville, North Carolina. The hospital, slated to open in Spring 2025, will offer comprehensive inpatient and intensive outpatient treatment for mental health disorders. It will also serve as a teaching hospital and address the shortage of clinical behavioral healthcare professionals in the area. The hospital will include 24 inpatient beds specifically for children and adolescents, the first of their kind in ECU Health's service area.
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Acadia Healthcare Company, Inc.
Nasdaq:ACHC
ACHC Rankings
ACHC Stock Data
6.17B
89.91M
2.86%
101.72%
4.04%
General Medical and Surgical Hospitals
Health Care and Social Assistance
United States of America
FRANKLIN
About ACHC
acadia is a provider of inpatient and outpatient behavioral health and addiction treatment services. acadia operates a network of 225 behavioral healthcare facilities with approximately 9,190 beds in 37 states, the united kingdom and puerto rico. acadia provides psychiatric and chemical dependency services to its patients in a variety of settings, including inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and therapeutic school-based programs. acadia healthcare’s behavioral health treatment facilities are specialized solely in helping children, teenagers and adults suffering from mental health disorders and/or alcohol and drug addiction.