Group 1 - Bank of America (BofA) downgraded Acadia Healthcare Inc from Buy to Neutral and lowered the price forecast from $27 to $25 due to anticipated headwinds from Medicaid state-directed payment program cuts in 2028 and beyond [1] - Acadia's same-store volumes have decelerated to low single digits, impacted by legal issues at some locations and reduced inpatient admissions due to payor pressure [3] - Acadia Healthcare reported second-quarter adjusted earnings of 83 cents per share, exceeding the consensus estimate of 68 cents, with sales increasing 9.2% year over year to $869.23 million, also surpassing the consensus of $840.02 million [4] Group 2 - Analyst Joanna Gajuk expects volume growth to improve as new bed capacity increases, with Acadia expanding beds by 12% in 2024 and an additional 8% planned for 2025 [4] - Acadia Healthcare has revised its fiscal 2025 adjusted earnings per share guidance down from $2.50-$2.80 to $2.45-$2.65, compared to the consensus of $2.67 [5] - The company narrowed its sales guidance for fiscal 2025 from $3.3 billion-$3.4 billion to $3.3 billion-$3.35 billion, against a consensus of $3.334 billion [5]

Healthcare Sector Impact - US healthcare sector is broadly affected by Washington's Medicaid cuts [1] - Even financially strong teaching hospitals associated with leading medical schools are not exempt from the impact [1]

A recent study showed that by 2034, the annual economic impact of cuts to Medicaid are estimated to result in more than 400,000 jobs lost and $183 billion in reduced economic output. https://t.co/ZPgFhFPA8o ...

Stock Performance - Centene 股票下跌 40% [1] Potential Risks - 可能因 1 万亿美元的 Medicaid 削减而下滑 [1]

Stock Performance - Centene 股票下跌 40% [1] Potential Risks - Medicaid 削减 1 万亿美元可能导致股价下跌 [1]

Policy Change - Medicaid cuts could begin following House passage of Trump's megabill [1]

Here’s When Medicaid Cuts Could Begin After House Passes Trump’s Megabill https://t.co/MSZtQO34Ng https://t.co/MSZtQO34Ng ...

Fiscal Policy & Economic Growth - The bill aims to provide tax relief for working and middle-class families to improve affordability [2] - The bill intends to secure the southern border, build the wall, and provide resources for deportations [3] - The bill seeks to open up the country to energy exploration to increase base load power on the grid [3] - The bill aims to expand the economy and increase investment in the United States, leading to wage growth [8][9] - The goal is to grow the economy and get more people into the workforce to reduce the burden on the federal government [10] - Tax policy is viewed as a means of raising revenue, with the expectation that this bill will expand the economy and increase revenue [12][13] Healthcare & Social Programs - The bill strengthens work requirements in Medicaid and SNAP, aligning with Clinton-era policies [4] - The bill prioritizes Medicaid benefits for poor families, children, the elderly, and pregnant women over able-bodied adults without children [6] - The bill aims to incentivize able-bodied individuals to enter the workforce and pay for their own benefits [6] Deficit & Borrowing - The US government needs to slow down its borrowing to avoid rising bond rates, which would increase borrowing rates for families and businesses [10][11]

Policy Changes - Medicaid cuts could begin following House passage of Trump's megabill [1]

Policy Change - Potential Medicaid cuts may occur following House passage of a significant bill [1]