Acadia Healthcare(ACHC)
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Acadia Healthcare (ACHC) Q1 Earnings Surpass Estimates
Zacks Investment Research· 2024-05-01 22:46
Acadia Healthcare (ACHC) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5%. A quarter ago, it was expected that this provider of inpatient behavioral health care services would post earnings of $0.80 per share when it actually produced earnings of $0.85, delivering a surprise of 6.25 ...
Acadia Healthcare(ACHC) - 2024 Q1 - Quarterly Results
2024-05-01 21:11
Exhibit 99 ACADIA HEALTHCARE REPORTS FIRST QUARTER 2024 RESULTS, AFFIRMS FULL YEAR 2024 GUIDANCE FRANKLIN, Tenn. (May 1, 2024) – Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced financial results for the first quarter ended March 31, 2024. First Quarter Highlights ● Revenue totaled $768.1 million, an increase of 9.1% over the first quarter of 2023 ● Same facility revenue increased 9.2% compared with the first quarter of 2023, including an increase in revenue per patient day of 6.9% and an incr ...
Acadia Healthcare (ACHC) Opens Facility to Address Mental Health
Zacks Investment Research· 2024-04-12 16:56
Acadia Healthcare Company, Inc. (ACHC) recently inaugurated its new acute care hospital in Mesa, AZ. The new facility, Agave Ridge Behavioral Hospital, is equipped with 100 beds. Once the hospital concludes its final preparations to become fully operational, admissions of patients are expected to commence.This new facility will provide a comprehensive suite of inpatient behavioral healthcare services for treating the adult, older adult and pediatric patient populace grappling with acute symptoms of bipolar ...
Compelling Reasons to Hold Acadia Healthcare (ACHC) Stock Now
Zacks Investment Research· 2024-04-05 16:56
Acadia Healthcare Company, Inc. (ACHC) is well positioned for growth on the back of improving patient volumes, admissions, commercial business and growing demand for behavioral health and substance use treatments. The company is actively bolstering its capabilities to address the increasing demand in these critical areas.Acadia Healthcare, with a market capitalization of $7 billion, operates as a prominent behavioral healthcare services provider in the United States and Puerto Rico. With solid prospects, th ...
Acadia (ACHC) and Uber Health to Enhance Patient Access
Zacks Investment Research· 2024-04-03 18:26
Acadia Healthcare Company, Inc. (ACHC) initiated a groundbreaking collaboration with Uber Health to address the critical issue of access to behavioral health care and addiction treatment. By leveraging Uber's transportation services, Acadia aims to streamline the process for patients, ensuring they can commence treatment promptly and efficiently.Enhancing Treatment AccessibilityThe primary focus of this collaboration is on Acadia's network of Comprehensive Treatment Centers (CTCs), which specialize in medic ...
Acadia (ACHC) Buys CTCs to Boost Care Access in North Carolina
Zacks Investment Research· 2024-04-01 18:21
Acadia Healthcare Company, Inc. (ACHC) recently closed the buyouts of three comprehensive treatment centers (“CTC”) across North Carolina. Post the acquisition, the facilities are rebranded as Raleigh Comprehensive Treatment Center, Greenville Comprehensive Treatment Center and Hillsborough Comprehensive Treatment Center.Each of these CTCs is equipped to offer medication-assisted treatment programs, integral to which behavioral therapy and other support services are fused with medication to cater to patient ...
Acadia Healthcare to Participate in the Barclays 26th Annual Global Healthcare Conference
Businesswire· 2024-03-11 19:00
FRANKLIN, Tenn.--(BUSINESS WIRE)--Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that the Company will present at the Barclays 26th Annual Global Healthcare Conference, which is being held March 12 - 14, 2024, in Miami, Florida. In connection with the conference, there will be a webcast of the Company’s presentation available on the Company’s website starting at 10:45 a.m. Eastern Time/9:45 a.m. Central Time on Wednesday, March 13, 2024. The live webcast of the presentation will be availabl ...
Acadia Healthcare(ACHC) - 2023 Q4 - Earnings Call Transcript
2024-02-28 15:34
Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Q4 2023 Earnings Conference Call February 28, 2024 8:00 AM ET Company Participants Gretchen Hommrich - Vice President-Investor Relations Chris Hunter - Chief Executive Officer Heather Dixon - Chief Financial Officer Conference Call Participants Whit Mayo - Leerink Partners A.J. Rice - UBS Brian Tanquilut - Jefferies Kevin Fischbeck - Bank of America Scott Fidel - Stephens Sarah James - Cantor Fitzgerald Pito Chickering - Deutsche Bank Operator Good day, and welc ...
Acadia Healthcare (ACHC) Q4 Earnings Beat on Strong Admissions
Zacks Investment Research· 2024-02-28 15:15
Acadia Healthcare Company, Inc. (ACHC) reported fourth-quarter 2023 adjusted earnings of 85 cents per share, which beat the Zacks Consensus Estimate by 6.3%. The bottom line improved 21.4% year over year.Total revenues amounted to $742.8 million, which advanced 10% year over year. The top line outpaced the consensus mark by 1.9%.The quarterly results benefited on the back of improved patient volumes and expansion initiatives. Solid demand for behavioral health and substance use treatment led to the increase ...
Acadia Healthcare (ACHC) Q4 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-02-28 00:26
Acadia Healthcare (ACHC) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.25%. A quarter ago, it was expected that this provider of inpatient behavioral health care services would post earnings of $0.88 per share when it actually produced earnings of $0.91, delivering a surprise of 3 ...