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Acadia Healthcare to Serve FBINAA as Treatment Provider

Zacks

Acadia Healthcare Company Inc. ACHC recently announced that it has become the select provider of behavioral health and addiction treatment services to the FBI National Academy Associates or FBINAA. Notably, the FBINAA is the second largest association in law enforcement with 44 chapters internationally. Acadia Healthcare is setting up a dedicated 24/7 hotline into which FBINAA members and affiliates can engage in confidential assessment of their needs, and placement into the right program or facility.

Acadia Healthcare is a provider of inpatient behavioral healthcare services. The company operates a network of 591 behavioral healthcare facilities with approximately 17,800 beds in 39 states, the United Kingdom and Puerto Rico. Acadia provides behavioral health and addiction services to its patients in various settings. This includes inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and therapeutic school-based programs.

Looking ahead, Acadia Healthcare is well positioned to gain from the growing market for behavioral services as awareness on mental health & substance abuse conditions and treatment options is spreading. Apart from the U.S., Acadia Healthcare has significant growth opportunities in the U.K., where the independent mental health hospitals market is growing at a rapid pace. This is primarily due to a large addressable market in the U.K., with approximately 8.7 million people suffering from mental disorders.

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However, the company’s high debt level is a concern. We apprehend Acadia Healthcare’s debts to hurt its financial position over the long haul.

Zacks Rank & Key Picks

Currently, Acadia Healthcare carries a Zacks Rank #4 (Sell). Better-ranked stocks in the medical sector include GW Pharmaceuticals plc GWPH, NuVasive, Inc. NUVA and Baxter International Inc. BAX. Each of these stocks sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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