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ACHC INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Acadia Healthcare Company, Inc. and Encourages Investors to Contact the Firm!
Prnewswire· 2024-09-06 20:00
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Acadia Healthcare Company, Inc. ("Acadia Healthcare" or "the Company") (NASDAQ: ACHC). Investors who purchased Acadia Healthcare securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/ACHC.Investigation DetailsOn Sunday, September 1, 2024, The New York Times published a report e ...
Acadia Healthcare Expands Behavioral Health Services in Iowa
ZACKS· 2024-08-28 18:00
Acadia Healthcare Company, Inc. (ACHC) and Methodist Jennie Edmundson Hospital recently conducted a groundbreaking ceremony for a cutting-edge behavioral health hospital in Council Bluffs, IA. Plans to establish the hospital were announced in July 2023 as part of the joint-venture partnership between ACHC and Omaha-based Methodist Health System. The Methodist Jennie Edmundson Hospital is part of Methodist Health System. The new facility will be named Methodist Jennie Edmundson Behavioral Health and is likel ...
5 Hospital Stocks Poised to Benefit From Strong Industry Growth
ZACKS· 2024-08-19 16:05
The Zacks Medical-Hospital industry is facing several bullish trends like rising admissions, resumption of elective procedures, cybersecurity and other technological advancements. While increasing salaries and moderate staffing challenges may pose some obstacles, these will likely be largely offset by higher revenue per admission. Mergers and acquisitions (M&A) related activities are also seeing a strong resurgence in the hospital industry.Industry players are increasingly focusing on capacity expansions to ...
Here's Why Investors Should Hold Acadia (ACHC) Stock for Now
ZACKS· 2024-08-14 19:20
Acadia Healthcare Company, Inc. (ACHC) is aided by growing patient volumes, an extensive healthcare network resulting from numerous joint ventures (JVs) and other expansion initiatives, as well as improved cash reserves.Zacks Rank & Price PerformanceAcadia Healthcare currently carries a Zacks Rank #3 (Hold).The stock has gained 5.5% in the past three months.Image Source: Zacks Investment ResearchRobust Growth ProspectsThe Zacks Consensus Estimate for Acadia Healthcare’s 2024 earnings is pegged at $3.51 per ...
Acadia Healthcare(ACHC) - 2024 Q2 - Earnings Call Transcript
2024-08-01 20:41
Acadia Healthcare Company, Inc (NASDAQ:ACHC) Q2 2024 Results Conference Call August 1, 2024 9:00 AM ET Company Participants Patrick Feeley - Head of 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 Ben Hendrix - RBC Capital Markets John Ransom - Raymond James Scott Fidel - Stephens Pito Chickering - Deutsche Bank Andrew Mok - ...
Acadia Healthcare(ACHC) - 2024 Q2 - Quarterly Report
2024-08-01 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 001-35331 Acadia Healthcare Company, Inc. (Exact name of registrant as specified in its charter) Delaware ...
Acadia Healthcare (ACHC) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-31 23:26
Acadia Healthcare (ACHC) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.41%. 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 $0.84, delivering a surprise of 5 ...
Acadia Healthcare(ACHC) - 2024 Q2 - Quarterly Results
2024-07-31 21:23
Exhibit 99 ACADIA HEALTHCARE REPORTS SECOND QUARTER 2024 RESULTS PROVIDES UPDATED GUIDANCE FOR 2024 FRANKLIN, Tenn. (July 31, 2024) – Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced financial results for the second quarter and six months ended June 30, 2024. Second Quarter Highlights ● Revenue totaled $796.0 million, an increase of 8.8% over the second quarter of 2023 ● Same facility revenue increased 8.3% compared with the second quarter of 2023, including an increase in revenue per patient ...
5 Hospital Stocks Set to Gain From Robust Industry Trends
zacks.com· 2024-05-27 15:36
The near-term prospects of the Zacks Medical-Hospital industry will be shaped by various factors, including rising patient volumes, resumption of elective procedures, and technological and cybersecurity advancements. While increasing salaries and moderate staffing constraints will play a deterrent, the effects of it would be largely offset by higher revenue per admission. Consolidation activities are making a strong comeback in the hospital space.Capacity expansions are expected to be prevalent as hospital ...
Acadia (ACHC), Geisinger JV Begin Construction of New Hospital
Zacks Investment Research· 2024-05-09 16:26
Acadia Healthcare Company, Inc. (ACHC) recently announced a collaboration with Geisinger, a provider of value-based care services, to begin construction on a new behavioral health hospital in Danville, PA. The 96-bed state-of-the-art facility is scheduled to open in spring 2025. It’ll be named Geisinger Behavioral Health Center Danville.The new hospital is expected to address the growing demand for high-quality behavioral health services in the central part of the state. It will provide inpatient, intensive ...