Franklin, Tenn.-based Acadia Healthcare reported net income of $71.2 million in the second quarter of 2023.
Revenue totaled $731.3 million in the second quarter, an increase of 12.2 percent from the same reporting period in 2022, according to a July 27 news release. Meanwhile, same-facility revenue increased 11.4 percent.
Acadia added 98 beds to its existing facilities and opened two more comprehensive treatment centers in the second quarter, in addition to announcing its 19th and 20th joint-venture partnerships with health systems.