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Acadia Healthcare Company, Inc. (ACHC) SEC Filing 10-Q Quarterly report for the period ending Tuesday, March 31, 2020

SEC Filings

ACHC Quarterly Reports

Acadia Healthcare Company, Inc.

CIK: 1520697 Ticker: ACHC
Exhibit 99

Acadia Healthcare Reports First Quarter 2020 Results

Withdraws Full-Year 2020 Guidance Due To COVID-19 Uncertainty

FRANKLIN, Tenn.--(BUSINESS WIRE)--May 4, 2020--Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced financial results for the first quarter ended March 31, 2020, and provided an update on the impact of the COVID-19 pandemic.

Clinical and Operating Response to COVID-19

Throughout the COVID-19 crisis, Acadia’s top priorities have been and continue to be the health and safety of our patients and employees. The Company’s 40,000 employees are providing care to approximately 75,000 patients daily across our network of 588 facilities in the U.S., U.K. and Puerto Rico. In the weeks and months ahead, behavioral healthcare providers like Acadia will continue to play an essential role in caring for patients who need treatment. Our strong local leadership and staff in our facilities are very focused on meeting that demand and providing our patients with high-quality care. In response to the COVID-19 pandemic, the Company has taken the following actions, among others:

  • The Company implemented recommended precautionary measures to ensure the ongoing safety and well-being of everyone in our facilities. These steps include applying robust screening procedures for all patients and employees, restricting or suspending visitor access to our facilities, and limiting group therapy, among many others.
  • All facilities are closely following infectious disease protocols, as well as recommendations by the CDC and local health officials.
  • In support of stay-at-home orders, the Company increased utilization of technologies to better serve market demand, including telehealth options for patients and virtual visitations for families.
  • The Company developed additional supply chain management processes, including extensive tracking and delivery of key personal protective equipment (PPE) and supplies, and sharing resources across all of our facilities.
  • The Company established a taskforce of key leaders that meets daily to address concerns, develop action plans and monitor responses throughout our facilities.
  • The Company commenced a national behavioral health crisis hotline designed to offer immediate assistance to anyone in need of mental health or addiction treatment. The centralized 24/7 crisis line, 1-833-TREATBH, offers immediate, no-charge, clinically approved assessments to support underserved communities and connect patients with the treatment they need.

The following information was filed by Acadia Healthcare Company, Inc. (ACHC) on Monday, May 4, 2020 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Assess how Acadia Healthcare Company, Inc.'s management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
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Acadia Healthcare Company, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2020 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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Inside Acadia Healthcare Company, Inc.'s 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Condensed Consolidated Balance Sheets (Unaudited)
Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical)
Condensed Consolidated Statements Of Cash Flows (Unaudited)
Condensed Consolidated Statements Of Comprehensive (Loss) Income (Unaudited)
Condensed Consolidated Statements Of Comprehensive (Loss) Income (Unaudited) (Parenthetical)
Condensed Consolidated Statements Of Equity (Unaudited)
Condensed Consolidated Statements Of Income (Unaudited)
Condensed Consolidated Statements Of Income (Unaudited) (Parenthetical)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss (Tables)
Accumulated Other Comprehensive Loss - Components Of Accumulated Other Comprehensive Loss (Detail)
Accumulated Other Comprehensive Loss - Components Of Accumulated Other Comprehensive Loss (Parenthetical) (Detail)
Acquisitions
Acquisitions (Tables)
Acquisitions - Additional Information (Detail)
Acquisitions - Transaction Related Expenses As Incurred (Detail)
Commitments And Contingencies
Commitments And Contingencies - Additional Information (Detail)
Derivatives
Derivatives - Additional Information (Detail)
Description Of Business And Basis Of Presentation
Description Of Business And Basis Of Presentation - Additional Information (Detail)
Earnings Per Share
Earnings Per Share (Tables)
Earnings Per Share - Additional Information (Detail)
Earnings Per Share - Computation Of Basic And Diluted Earnings Per Share (Detail)
Equity-Based Compensation
Equity-Based Compensation (Tables)
Equity-Based Compensation - Additional Information (Detail)
Equity-Based Compensation - Restricted Stock Activity (Detail)
Equity-Based Compensation - Restricted Stock Unit Activity (Detail)
Equity-Based Compensation - Schedule Of Stock Options Valuation Assumptions (Detail)
Equity-Based Compensation - Stock Option Activity (Detail)
Fair Value Measurements
Fair Value Measurements (Tables)
Fair Value Measurements - Additional Information (Detail)
Fair Value Measurements - Carrying Amounts And Fair Values Of Company's Amended And Restated Senior Credit Facilities And Contingent Consideration Liabilities (Detail)
Financial Information For The Company And Its Subsidiaries
Financial Information For The Company And Its Subsidiaries (Tables)
Financial Information For The Company And Its Subsidiaries - Additional Information (Detail)
Financial Information For The Company And Its Subsidiaries - Summary Of Condensed Consolidating Balance Sheets (Detail)
Financial Information For The Company And Its Subsidiaries - Summary Of Condensed Consolidating Statement Of Cash Flows (Detail)
Financial Information For The Company And Its Subsidiaries - Summary Of Condensed Consolidating Statement Of Comprehensive Income (Loss) (Detail)
Income Taxes
Income Taxes - Additional Information (Detail)
Leases
Leases (Tables)
Leases - Additional Information (Detail)
Leases - Schedule Of Lease Cost (Detail)
Leases - Schedule Of Leases On Condensed Consolidated Balance Sheet (Detail)
Leases - Schedule Of Supplemental Data (Detail)
Leases - Schedule Of Undiscounted Cash Flows For Finance And Operating Leases (Detail)
Leases - Schedule Of Weighted-Average Remaining Lease Terms And Discount Rates (Detail)
Long-Term Debt
Long-Term Debt (5.125% Senior Notes Due 2022) - Additional Information (Detail)
Long-Term Debt (5.625% Senior Notes Due 2023) - Additional Information (Detail)
Long-Term Debt (6.125% Senior Notes Due 2021) - Additional Information (Detail)
Long-Term Debt (6.500% Senior Notes Due 2024) - Additional Information (Detail)
Long-Term Debt (Amended And Restated Senior Credit Facility) - Additional Information (Detail)
Long-Term Debt (Tables)
Long-Term Debt - Components Of Long-Term Debt (Detail)
Long-Term Debt - Components Of Long-Term Debt (Parenthetical) (Detail)
Noncontrolling Interests
Noncontrolling Interests (Tables)
Noncontrolling Interests - Additional Information (Detail)
Noncontrolling Interests - Summary Of Redeemable Noncontrolling Interests (Detail)
Other Accrued Liabilities
Other Accrued Liabilities (Tables)
Other Accrued Liabilities - Summary Of Other Accrued Liabilities (Detail)
Other Current Assets
Other Current Assets (Tables)
Other Current Assets - Other Current Assets (Detail)
Other Intangible Assets
Other Intangible Assets (Tables)
Other Intangible Assets - Other Identifiable Intangible Assets And Related Accumulated Amortization (Detail)
Property And Equipment
Property And Equipment (Tables)
Property And Equipment - Additional Information (Detail)
Property And Equipment - Summary Of Property And Equipment (Detail)
Recently Issued Accounting Standards
Revenue
Revenue (Tables)
Revenue - Schedule Of U.K. Revenue And Percentage Generated By Each Payor Type (Detail)
Revenue - Schedule Of U.K. Revenue Attributed To Each Category (Detail)
Revenue - Schedule Of U.S. Revenue And Percentage Generated By Each Payor Type (Detail)
Revenue - Schedule Of U.S. Revenue Attributed To Each Category (Detail)
Revenue - Summary Of The Activity In Unearned Revenue (Detail)
Segment Information
Segment Information (Tables)
Segment Information - Additional Information (Detail)
Segment Information - Summary Of Financial Information By Operating Segment, Assets (Detail)
Segment Information - Summary Of Financial Information By Operating Segment, Assets (Parenthetical) (Detail)
Segment Information - Summary Of Financial Information By Operating Segment, Goodwill (Detail)
Segment Information - Summary Of Reconciliation Of Segment Ebitda To Income Before Income Taxes (Detail)
Subsequent Events
Subsequent Events - Additional Information (Detail)

Material Contracts, Statements, Certifications & more

Acadia Healthcare Company, Inc. provided additional information to their SEC Filing as exhibits

Ticker: ACHC
CIK: 1520697
Form Type: 10-Q Quarterly Report
Accession Number: 0001564590-20-021269
Submitted to the SEC: Tue May 05 2020 4:17:40 PM EST
Accepted by the SEC: Tue May 05 2020
Period: Tuesday, March 31, 2020
Industry: Specialty Outpatient Facilities

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