ACADIA HEALTHCARE COMPANY, INC.

(ACHC)
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Delayed Nasdaq  -  05/20 04:00:01 pm EDT
70.35 USD   +0.50%
05/20ACADIA HEALTHCARE COMPANY, INC. : Submission of Matters to a Vote of Security Holders (form 8-K)
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05/18Acadia Healthcare Company, Inc. Announces Reeve B. Waud Resigns Effective Immediately from Each of the Audit and Risk Committee and Nominating and Governance Committee of the Board of Directors
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05/11TRANSCRIPT : Acadia Healthcare Company, Inc. Presents at Bank of America 2022 Healthcare Conference, May-11-2022 03:20 PM
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SCL Health Partners With Acadia Healthcare to Grow Behavioral Health Services

12/14/2021 | 01:01pm EDT

SCL Health has formed a joint venture partnership with Acadia Healthcare, a national behavioral healthcare provider, to expand its commitment to providing behavioral health services. The joint venture will allow SCL Health to help meet the growing demand for behavioral health treatment for members of the community of all ages.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211214005115/en/

Acadia is committed to patient- and family-centered care, clinical outcomes, and it has a proven track record of collaborating with similar health systems across the country. “We believe that access to high-quality mental health care is important to our community, and we are partnering with Acadia to expand that access significantly in the coming years,” said Lydia Jumonville, President and Chief Executive Officer of SCL Health.

During the first phase of the partnership, SCL Health West Pines will continue to deliver high-quality behavioral health services as it has for three decades at its current location. A transitional management agreement allows both organizations to work closely together to ensure a smooth transition and maintain a strong philosophy of care.

“Acadia is proud to be partnering with a premier health system like SCL Health,” said Debbie Osteen, Chief Executive Officer of Acadia Healthcare. “As part of the ongoing phases of this partnership, we look forward to creating a new patient-centered facility that will provide healing for those in need.”

The joint venture between SCL Health and Acadia Healthcare plans to build a new and expanded behavioral health hospital in the same region with an anticipated opening date in the middle of 2023. When the new facility is operational, the next phase of the partnership will begin.

“This partnership solidifies our commitment to meeting the growing demand for safe, accessible, compassionate, affordable, and high-quality behavioral health services in the communities we serve,” said Grant Wicklund, Lutheran Medical Center President.

About SCL Health

SCL Health is a faith-based, nonprofit healthcare organization dedicated to improving the health of the people and communities we serve. Founded by the Sisters of Charity of Leavenworth in 1864, our health network provides comprehensive, coordinated care through eight hospitals, more than 180 physician clinics, home health, hospice, mental health, and safety-net services in Colorado and the Montana Wyoming region.

About Acadia Healthcare

Acadia is a leading provider of behavioral healthcare services across the United States. As of September 30, 2021, Acadia operated 230 behavioral healthcare facilities with approximately 10,200 beds in 40 states and Puerto Rico. With more than 20,000 employees serving about 70,000 patients daily, Acadia is the largest stand-alone behavioral health company in the U.S. Acadia provides behavioral healthcare services to its patients in various settings, including inpatient psychiatric hospitals and specialty treatment facilities, residential treatment centers, and outpatient clinics.


© Business Wire 2021
All news about ACADIA HEALTHCARE COMPANY, INC.
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Financials (USD)
Sales 2022 2 588 M - -
Net income 2022 271 M - -
Net Debt 2022 1 359 M - -
P/E ratio 2022 23,7x
Yield 2022 -
Capitalization 6 369 M 6 369 M -
EV / Sales 2022 2,99x
EV / Sales 2023 2,73x
Nbr of Employees 19 200
Free-Float 98,5%
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Number of Analysts 13
Last Close Price 70,35 $
Average target price 81,54 $
Spread / Average Target 15,9%
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Managers and Directors
Christopher H. Hunter Chief Executive Officer & Director
David M. Duckworth Chief Accounting Officer
Reeve Byron Waud Chairman
Michael V. Genovese Chief Medical Officer
John S. Hollinsworth Executive Vice President-Operations