Big investor lends AAC a funding hand

Stock pops on word of convertible debt deal to help finish expansion projects, stay on M&A track
Oct 5, 2015 12:15 PM

Centerstone names military services executive director

Nonprofit behavioral health care provider Centerstone has named Col. Kent Crossley as executive director of Military Services.

Crossley, a U.S. Army veteran, will be based in Nashville and oversee programming, operations and fundraising activities related to military and veteran services.

"We are delighted to welcome Kent as executive director of Centerstone Military Services," David Guth Jr., Centerstone CEO, said in a release. "His insight and leadership will be invaluable as Centerstone seeks to expand how we support veterans, service members and their loved ones. Our team looks forward to working with him to continue to build the services we provide the military and veteran communities."

Sep 30, 2015 6:45 AM

UHS to acquire Foundations Recovery Network for $350M

Hospital company launching addiction treatment service line
Sep 22, 2015 1:00 PM

ChanceLight acquires Dallas pediatric therapy company

Rebranded Educational Services of America adds in-home treatment division
Sep 16, 2015 1:00 PM

Acadia announces big debt sale

Company will use some of the funding to refinance senior notes
Sep 14, 2015 12:01 PM

Acadia acquires six U.K. facilities

Summer buying spree adds nearly 700 beds to U.K. operations
Sep 2, 2015 10:52 AM

Leerink sees big bounce for Acadia

Leerink Swann analyst Ana Gupte has launched coverage of Acadia Healthcare with an 'outperform' rating and a $90 price target that gives investors 25 percent of upside from where the shares (Ticker: ACHC) closed on Tuesday. She sees the Franklin-based company beating the Street's consensus EBITDA numbers both this year and next.

Sep 2, 2015 7:29 AM

NY investment firm bets big on AAC rebound

Health care specialists have quadrupled stake since end of June
Aug 24, 2015 7:02 AM

AAC CEO: California indictment not hurting business

Addiction treatment company bringing in outsiders to assess operations
Aug 21, 2015 7:38 AM

Jefferies sees 20%+ rise in Acadia

Analyst Brian Tanquilut at Jefferies & Co. sees many bright days ahead for Acadia Healthcare investors. Following the company's second-quarter earnings report, he has raised his price target for the stock to $100 from $88. That leaves a lot of upside: Acadia (Ticker: ACHC) closed last week's trading at $81.02 and is to $81.84 this afternoon.

Aug 17, 2015 2:13 PM