NasdaqGS:ACHCHealthcare
Acadia Healthcare Company (ACHC) Is Up 39.6% After Massive Goodwill Impairment And Cautious 2026 Guidance – Has The Bull Case Changed?
In the fourth quarter and full year 2025, Acadia Healthcare reported higher revenue but swung to a net loss after recording a very large, non-cash goodwill impairment charge of US$996.2 million and issuing 2026 revenue guidance of US$3.37 billion to US$3.45 billion with flat to 1% same-facility volume growth.
Management is pivoting from rapid bed expansion to sharpening operational performance at newer facilities, while also managing pressure from New York Medicaid policy changes that are...