ACADIA HEALTHCARE CO. overview

Acadia Healthcare Company, Inc. (“Acadia”) (NASDAQ: ACHC) today announced financial results for the second quarter ended June 30, 2023. Second Quarter and Recent Highlights Revenue totaled $731.3 million, an increase of 12.2% over the second quarter of 2022 Same facility revenue increased 11.4% compared with the second quarter of 2022, including an increase in revenue per patient day of 6.1% and an increase in patient days of 4.9% Net income attributable to Acadia totaled $72.3 million, or...

According to American Hospital Directory data, there is a shortfall of more than 300 inpatient behavioral health beds in Iowa and Nebraska. To address this need, Methodist Jennie Edmundson Hospital and Acadia Healthcare are announcing plans to build a state-of-the-art behavioral health hospital in Council Bluffs, Iowa. The 96-bed hospital will include 24 inpatient beds dedicated to serving the mental health needs of children and adolescents, as well as provide outpatient services. This new...

Acadia Healthcare Company, Inc. (NASDAQ: ACHC) announced today that it has formed a joint venture with Nebraska Methodist Health System to build a state-of-the-art, 96-bed behavioral health hospital in Council Bluffs, Iowa. This new partnership with a leading health system will expand Acadia’s acute service line into a new state through the development and operation of the first freestanding behavioral health hospital in the greater Omaha-Council Bluffs metro area. The new hospital will be...

Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced the opening of its newest operating joint venture hospital, Geisinger Behavioral Health Center Northeast, located in Moosic, Pennsylvania. A ribbon-cutting ceremony was held to mark its grand opening and to celebrate the previously announced partnership between Geisinger and Acadia Healthcare. Geisinger Behavioral Health Center Northeast is a state-of-the-art, 96-bed hospital that will offer a full continuum of inpatient behavioral...

Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that it will release its second quarter 2023 results on Thursday, July 27, 2023, after the close of the market. Acadia will conduct a conference call with institutional investors and analysts at 9:30 a.m. ET on Friday, July 28, 2023. A live broadcast of the conference call will be available at www.acadiahealthcare.com in the “Investors” section of the website. The webcast of the conference call will be available for 30 days....

The Board of Trustees of SolutionHealth, parent organization of Elliot Health System and Southern New Hampshire Health, has formed a joint venture with Acadia Healthcare, a leading provider of behavioral healthcare services across the U.S. to build a new behavioral health hospital in southeast New Hampshire. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230630610934/en/ This $60 million investment in the community will significantly...

Acadia Healthcare Company, Inc. (NASDAQ: ACHC) announced today that it has formed a joint venture with SolutionHealth to build a modern 144-bed behavioral health hospital in southeast New Hampshire to address the growing, unmet need for accessible, high-quality behavioral health services in the state. This partnership expands Acadia’s acute service line into a new state with a premier health system. The hospital will offer a full continuum of inpatient behavioral healthcare services for...