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. (NASDAQ: ACHC) is a behavioral healthcare company that operates a large network of inpatient psychiatric hospitals, specialty treatment facilities, residential treatment centers, comprehensive treatment centers and outpatient clinics across the United States and Puerto Rico. This news page aggregates company-specific updates and disclosures that help investors and observers follow developments in Acadia’s behavioral healthcare operations and corporate activities.
News related to ACHC often includes quarterly earnings releases, updates to financial guidance, and details on revenue performance by service type, such as acute inpatient psychiatric facilities, specialty treatment facilities, comprehensive treatment centers and residential treatment centers. The company also issues news about capital expenditure plans, bed additions, and development activity, including the opening of new hospitals, expansions of existing facilities and the addition of new comprehensive treatment centers.
Acadia’s news flow features announcements about participation in healthcare and investor conferences hosted by firms such as J.P. Morgan, UBS and Jefferies, where members of senior management discuss strategy, capital allocation and operating performance. Press releases may also cover executive leadership changes, including appointments and transitions in key roles like the Chief Financial Officer and Chief Operating Officer, as well as statements from the company regarding its approach to shareholder value and governance.
Other notable news items can include updates on professional and general liability reserves, securities litigation settlements, and responses to public letters from shareholders who comment on strategy and governance. By reviewing the ACHC news feed on this page, users can monitor Acadia’s reported operating trends, strategic priorities, capital plans and governance developments over time.
Acadia Healthcare (NASDAQ: ACHC) announced its participation in the 2024 Leerink Partners Healthcare Crossroads Conference. The event will take place from May 28 to May 30, 2024, at the Omni Barton Creek Resort & Spa in Austin, Texas.
There will be an online webcast of Acadia's presentation available on the company's website at 9:20 a.m. Central Time on May 29, 2024. The webcast will be accessible through the 'Investors' section of the website, and a replay will be available for 30 days.
Geisinger and Acadia Healthcare held a groundbreaking ceremony for the construction of a new state-of-the-art, 96-bed behavioral health hospital in Danville, Pennsylvania. The hospital, set to open in spring 2025, will offer inpatient, outpatient, and ECT treatment programs, addressing the need for high-quality behavioral health services in central Pennsylvania and serving adult, pediatric, and adolescent patients.
Acadia Healthcare Company, Inc. (NASDAQ: ACHC) will participate in the BofA Securities Health Care Conference in Las Vegas, Nevada on May 14-16, 2024. The Company's presentation will be webcast on their website at 6:20 p.m. CT / 4:20 p.m. PT on May 14th, 2024, with a replay available for 30 days.
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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