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 reported solid financial results for the first quarter of 2024 with revenue totaling $768.1 million, a 9.1% increase year-over-year. Same facility revenue increased by 9.2%, net income was $76.4 million, adjusted EBITDA was $173.9 million, and adjusted EBITDA margin was 22.6%. The company affirmed its full year 2024 guidance with revenue expected to range between $3.18 to $3.25 billion and adjusted EBITDA between $730 to $770 million.
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