Acadia Healthcare expects to add the highest number of beds in company history in 2025, according to CEO Chris Hunter.
The behavioral health provider reported its first-quarter earnings May 13.
“This year is setting up to be the largest bed expansion year in Acadia’s history, building upon our record-breaking bed additions in 2024,” CEO Chris Hunter said in a May 12 news release. “We are well-positioned to continue expanding access and providing specialized care and treatment to an underserved patient population with complex needs.”
Here are five things to know:
- Franklin, Tenn.-based Acadia expects to add between 800 and 1,000 new beds in 2025.
- The company opened 378 new beds in the first quarter of 2025, including 288 at new facilities. It opened a de novo facility in North Port, Fla., and a joint venture partnership with Henry Ford Health in West Bloomfield, Mich.
- Acadia added seven new comprehensive treatment centers for opioid use disorder in the first quarter. The company now operates 170 of these sites.
- Acadia brought in $770.5 million in revenue in the first quarter, relatively flat year over year. Same-facility revenue increased by 2.1% since 2024.
- The company reported $8.4 million in net income in the first quarter, down nearly 90% from the $76.4 million it brought in during the same time period last year.