Strong Revenue Growth
Acadia Healthcare reported total revenue of $869.2 million, up 9.2% over the second quarter last year, and adjusted EBITDA of $201.8 million, a 7.5% increase year-over-year.
Bed Expansion
Added a total of 479 beds in the first half of 2025, including 101 beds in existing facilities and 288 beds in newly constructed facilities. Plan to add between 950 and 1,000 total beds for the full year.
Tennessee Supplemental Payment Program
The state of Tennessee approved a new Directed Payment Program, resulting in a favorable pretax benefit of $51.8 million in the quarter.
Commercial and Medicare Volume Growth
Commercial volumes increased by 9% and Medicare volumes increased by 8% year-over-year.
Quality Initiatives and Technology Investments
Continued focus on patient safety and quality care through technology and data analytics, with strong patient satisfaction and clinical outcomes.