Risk factors

Acadia Healthcare (ACHC) risk factors

Item 1A of every Acadia Healthcare Company, Inc. 10-K on file, and what changed from one year to the next.

  • FY2025 10-K risk factors

    66 risks, 4 new, 3 dropped, 11 reworded since the prior year. Acadia Healthcare faces severe leadership instability with CEO, CFO, and COO departures reported in late 2025 and early 2026. Debt levels rose to $2.5 billion, driven by new senior notes and credit facilities. Heavy revenue reliance on Medicare and Medicaid remains at 72%.

    Filed Feb 27, 2026
  • FY2024 10-K risk factors

    65 risks. Behavioral healthcare provider faces heavy federal and state regulatory burdens, government reimbursement dependence, and litigation risks.

    Filed Feb 27, 2025