Short answer
Acadia Healthcare Company Inc (ACHC) filed its Q3 2019 10-Q quarterly report on Nov 6, 2019 for the quarter ended Sep 30, 2019.
Acadia Healthcare Company Inc Q3 2019 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $777.3M, up 2.1% YoY from $760.9M, with U.S. Facilities contributing $509.4M
- Net margin 5.5% vs 6.1% YoY, while income-before-tax margin fell to 6.4% from 7.3%
- Best performer U.S. same-facility revenue, up 4.9%; weakest U.K. patient days, down 1.1%
- Operating cash flow $213.5M vs $288.7M; capital expenditures $202.7M, including $141.1M expansion spending
- Near-term headwinds: U.K. census and labor costs, U.S. operational issues, GBP exchange-rate decline; approximately 650 beds expected in 2019
Risk Factors
- No material changes to 10-K risk factors disclosed this quarter
- Regulatory investigations: April 2019 subpoenas added six facilities over medical necessity, admission eligibility, discharge, length of stay and patient care
- Legal exposure: securities class action consolidated April 1, 2019, covering purchases from April 30, 2014 through November 15, 2018
- Operational risk: U.S. EBITDA margin declined 140 basis points from temporary facility operational issues
- Financial risk: $3.7 billion contractual debt obligations, including $1.5 billion due within 1–3 years
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Acadia Healthcare Company Inc quarterly reports
- Q2 2019 10-QFiled Jul 31, 2019
- Q1 2019 10-QFiled May 1, 2019
- Q3 2018 10-QFiled Nov 6, 2018
- Q2 2018 10-QFiled Jul 31, 2018
- Q1 2018 10-QFiled May 3, 2018
- Q3 2017 10-QFiled Oct 25, 2017
- Q2 2017 10-QFiled Jul 28, 2017
- Q1 2017 10-QFiled Apr 26, 2017
- Q3 2016 10-QFiled Nov 2, 2016
- Q2 2016 10-QFiled Jul 29, 2016
- Q1 2016 10-QFiled Apr 29, 2016
- Q3 2015 10-QFiled Nov 4, 2015
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