Earnings wrap: Acadia, AmSurg

Behavioral health company raises guidance, surgical centers owner beats on EPS
Aug 5, 2015 6:57 AM

AAC gets crushed as research firm resurfaces

Stock halted for more than two hours; market cap now down 45% from Friday
Aug 4, 2015 2:35 PM

AAC Holdings president to step down

Menz among those charged in California patient death case
Jul 30, 2015 7:00 AM

New Brentwood behavioral venture completes first two acquisitions

Company led by former Haven, Psych Solutions exec buys in Florida
Jul 30, 2015 7:00 AM

Acadia adds to UK holdings

Acadia Healthcare has expanded its United Kingdom portfolio with the acquisition of a 15-bed residential rehabilitation facility in Southampton, England. The Manor Clinic center focused on addiction treatments, a sector of the British health services market in which Acadia was not yet active.

"As in the U.S., the addictions treatment market in the United Kingdom is large, growing and highly fragmented," said Chairman and CEO Joey Jacobs. "We believe The Manor Clinic is a wonderful opportunity through which to launch our presence in addictions treatment in the U.K., a market that we are confident represents a significant long-term growth opportunity for the Company."

Franklin-based Acadia also has completed its purchase of Belmont Behavioral Health in the Philadelphia market. Shares of the company (Ticker: ACHC) are up about 1 percent Wednesday to about $79.15. So far this year, they're up almost 30 percent.

Jul 1, 2015 11:56 AM

Analyst action: Healthways, Acadia

Two longtime Healthways analysts on Friday cut their price targets for the population health management play after new and interim CEO Alfred Lumsdaine said 2015 profits will not meet expectations. But both Brooks O'Neil at Dougherty and Sean Wieland at Piper Jaffray are not telling investors to stop buying the company's shares, keeping Healthways at 'buy' and 'overweight' ratings, respectively. O'Neil's target for Healthways, which on Friday fell 20 percent to $12.40 (Ticker: HWAY), has come all the way down to $15 from $25. Wieland is staying more upbeat: His target now stands at $25.50, down from $27.

The skies are decidedly brighter for shareholders of Acadia Healthcare, which has climbed about 25 percent so far in 2015 after rising by about a third last year. Mizuho Securities analysts see even better days ahead and have launched coverage of the Franklin-based company with an 'outperform' rating at a price target of $84. Acadia (Ticker: ACHC) closed Friday trading at $76.47.

Jun 22, 2015 7:19 AM

Acadia gets go-ahead for Ohio expansion

Acadia Healthcare has secured the necessary approvals and permits to begin construction of a long-planned 40-bed addition at one of its hospitals in Central Ohio. An expansion was in the works when Franklin-based Acadia acquired Behavioral Centers of America in 2012. However, Acadia upsized the plans to add 40,000 square feet. Read more from Columbus Business First here.

Jun 8, 2015 8:42 AM

Acadia adds to UK holdings

Franklin-based company also buying Pennsylvania center
Jun 3, 2015 7:15 AM

Acadia pops to record high on Medicaid rule plans

Analyst: Proposal paves way for behavioral providers to be reimbursed for treating fee-for-service beneficiaries
May 27, 2015 12:43 PM

TriStar Skyline applies to move more Madison beds

Main campus getting capacity from behavioral health facility
May 22, 2015 1:00 PM