EBITDA DeclineOrganic EBITDA declined 5%, marking the 6th consecutive quarter of deterioration.
Legal And Media ChallengesACHC started seeing volume pressure, driven partly by the overhang of the federal investigation into its billing practices, coupled with negative media reports, which likely negatively impacted referral patterns.
Medicaid CutsAcadia Healthcare is facing higher headwinds from cuts to Medicaid state directed payment programs than previously estimated.