Acadia Faces Legal Headwinds, But Core Metrics Remain on Track

For five quarters in a row, Acadia Healthcare (Nasdaq: ACHC) has seen a decline in specialty revenue, contributing to a broader deceleration trend for the company. This has been largely driven by facility closures, including the shuttering of its Timberline Knolls facility back in January following abuse allegations. At the same time, there has been […]

Acadia Healthcare Faces New Scrutiny Over Alleged Abuse at Shuttered Facility

More allegations of abuse and misconduct at an Acadia Healthcare (Nasdaq: ACHC) facility have surfaced in an investigation by The New York Times, which reports alleged instances of patient suicide and rape. The latest report comes just two months after Acadia Healthcare, one of the nation’s largest behavioral health providers, shuttered its troubled Timberline Knolls […]

The North Star of Behavioral Health: Aligning Payer, Provider Goals in Value-Based Care

Value-based care in behavioral health is confusing. All the jargon makes it seem like everyone is speaking a different language. A value-based care arrangement can mean many things, including full-risk, pay-for-performance, or even shared savings. But the biggest obstacle to a value-based care future is the lack of national standards. To complicate matters, these conversations […]

Acadia Healthcare Leadership Focuses on 2026 Growth Strategy Despite 2024 Financial Challenge

Acadia Healthcare (Nasdaq: ACHC) reported diminished earnings and revenue growth in 2024. During Friday’s Q4 earnings call, company executives said they expect to see its [growth/efficiency?] efforts pay off in 2026. In 2022, CEO Chris Hunter vowed to double Acadia Healthcare’s revenue by 2028. The markets did not respond well to the news of the […]

Headline Risk May Shift JV Market Away from For-Profit Operators

This is an exclusive BHB+ story A rash of brutally negative press for some of the nation’s largest behavioral health providers may encourage the primarily nonprofit American hospital sector to look for potential partners that look like them — in other words, to be nonprofits. According to a handful of interviews and networking conversations I’ve […]

Acadia Healthcare Predicts Profitability Pop by 2026

Behavioral health titan Acadia Healthcare (Nasdaq: ACHC) saw the largest expansion of its bed count in its history during 2024. The expansion will lead to a spike in startup costs and a potential hit to profitability in 2025. Going into 2026, Acadia Healthcare executives speaking at the 2025 J.P. Morgan Healthcare Conference say that they […]

Multiple Sexual Assault Cases Reported at Acadia Healthcare Facility, Company Denies Systemic Issues

More allegations about Acadia Healthcare (Nasdaq: ACHC) have surfaced in the press, this time reporting sexual assault at one of the company’s behavioral health hospitals. A male patient at Acadia-owned Options Behavioral Health Hospital raped another patient with severe mental illness, according to reporting by Mirror Indy. A nurse had reported to higher-ups that the […]

Addiction Treatment in 2024: Navigating Privacy Challenges, Telehealth Shifts, Reimbursement Reforms

The landscape of substance use disorder (SUD) treatment in 2024 was a tapestry of challenges, technological disruptions and unexpected breakthroughs. A staggering data leak exposed the personal information of 100 million patients. Economic pressures forced some SUD providers to retreat from certain state markets, and long-anticipated regulatory changes were once again delayed, leaving the industry […]

Earnings Season Proved Behavioral Health Is Under the Spotlight and the Microscope

The coronavirus pandemic and massive influx of capital into the industry over the past five years have put the behavioral health industry centerstage in the proverbial play that is American health care. But the spotlight eventually attracts the microscope. The industry has and will continue to face greater scrutiny, examination, criticism and challenges than ever […]