Behavioral Health Business February 28, 2025
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 company’s financial performance in 2024 and what Acadia Healthcare executives called conservative guidance for the coming year.
“Nothing has changed with how we’re thinking about the opportunity here,” Heather Dixon, Acadia Healthcare CFO, said of the company’s long-term outlook. “The strategy that we have in terms of meeting that significant unmet demand is the same. We’ll continue to expand capacity and continue to meet that...