ACHC Acadia Healthcare Company Inc.

Agave Ridge Behavioral Hospital Hosts Ceremony to Celebrate Grand Opening

Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced the opening of its newest acute care hospital, Agave Ridge Behavioral Hospital, located at 3322 S. Ellsworth Road, in Mesa, Arizona. A ribbon-cutting ceremony was held today to mark its grand opening. The first patient admissions are expected to follow in the coming days as the hospital completes its final preparations to provide care for those in need.

This press release features multimedia. View the full release here:

Acadia Healthcare hosts ribbon-cutting ceremony on April 11, 2024, for its new behavioral health hospital in Mesa, Arizona. The new hospital, named Agave Ridge Behavioral Hospital, will begin to receive patients in the coming days. (Photo: Business Wire)

Acadia Healthcare hosts ribbon-cutting ceremony on April 11, 2024, for its new behavioral health hospital in Mesa, Arizona. The new hospital, named Agave Ridge Behavioral Hospital, will begin to receive patients in the coming days. (Photo: Business Wire)

Agave Ridge Behavioral Hospital is a state-of-the-art, 100-bed hospital that is purposefully designed to address the growing need in Arizona for more accessible, high-quality behavioral healthcare services. It will offer a full continuum of inpatient behavioral healthcare services for adult, older adult and pediatric patients, including comprehensive treatment for those who struggle with acute symptoms of behavioral health disorders such as anxiety, depression, bipolar disorder and posttraumatic stress disorder (PTSD).

“Agave Ridge expands access to high-quality care in a region where many residents struggle with mental health and addiction issues,” said Chris Hunter, Chief Executive Officer of Acadia Healthcare. “We are grateful to local officials for their leadership and support in this effort. This hospital aligns with Acadia’s purpose to ‘Lead Care with Light,’ providing those throughout the country the access to the resources and compassion they need to heal and recover.”

“This new hospital will help to address a critical need for access to behavioral health services that has rippled across our state,” said Jennifer Nuñez, Chief Executive Officer of Agave Ridge Behavioral Hospital. “It is estimated that Mesa and the surrounding communities have a deficit of more than 800 behavioral health beds. Our hospital’s leadership and staff have worked extremely hard to prepare the hospital for accepting and treating these patients. We are excited to join our community health partners, and we look forward to working together to make a positive difference.”

About Acadia Healthcare

Acadia is a leading provider of behavioral healthcare services across the United States. As of December 31, 2023, Acadia operated a network of 253 behavioral healthcare facilities with approximately 11,200 beds in 38 states and Puerto Rico. With approximately 23,500 employees serving more than 75,000 patients daily, Acadia is the largest stand-alone behavioral healthcare company in the U.S. Acadia provides behavioral healthcare services to its patients in a variety of settings, including inpatient psychiatric hospitals, specialty treatment facilities, residential treatment centers and outpatient clinics.

EN
11/04/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Acadia Healthcare Company Inc.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Acadia Healthcare Company, Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 26 February 2025 in which we reassessed the appropriateness of the ratings ...

 PRESS RELEASE

Acadia Healthcare Reports Fourth Quarter 2024 Results

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (“Acadia” or the “Company”) (NASDAQ: ACHC) today announced financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter 2024 Highlights Revenue totaled $774.2 million, an increase of 4.2% over the fourth quarter of 2023. Same facility revenue increased 4.7% compared with the fourth quarter of 2023, including an increase in patient days of 3.2% and an increase in revenue per patient day of 1.4%. Net income attributable to Acadia totaled $32.6 million, or $0.35 per diluted share. Adjuste...

 PRESS RELEASE

Acadia Healthcare to Participate in March Investor Conferences

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that the Company will participate in three investor conferences in March. On Tuesday, March 4, 2025, the Company will participate in the Raymond James 46th Annual Institutional Investors Conference, being held March 2-5, 2025, in Orlando, Florida. The Company’s presentation will begin at 8:05 a.m. Eastern Time/7:05 a.m. Central Time. On Tuesday, March 11, 2025, the Company will participate in the Leerink Partners 2025 Global Healthcare Conference, being held March 10-12, 2025, in Miami, Florida....

 PRESS RELEASE

Acadia Healthcare Announces Date for Fourth Quarter and Year-End 2024 ...

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that it will release its fourth quarter and year-end 2024 results on Thursday, February 27, 2025, after the close of the market. Acadia will conduct a conference call with institutional investors and analysts at 9:00 a.m. ET on Friday, February 28, 2025. A live broadcast of the conference call will be available at in the “Investors” section of the website. The webcast of the conference call will be available for 30 days. About Acadia Healthcare Acadia is a leading provider of behavioral healt...

 PRESS RELEASE

Acadia Healthcare to Participate in 43rd Annual J.P. Morgan Healthcare...

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that the Company will participate in the 43rd Annual J.P. Morgan Healthcare Conference, January 13-16, 2025, in San Francisco, California. In connection with the conference, there will be an online webcast of the Company’s presentation available on the Company’s website starting at 1:30 p.m. Pacific Time/3:30 p.m. Central Time on Tuesday, January 14, 2025. The live webcast of the presentation will be available on the Company’s website, , by clicking on the “Investors” link. A replay of the pre...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch