Psychiatric Solutions, Inc.
News and overview for Psychiatric Solutions, Inc.
Psychiatric Solutions, Inc. Launches PSI Patriot Support to Help Military and Their Families Deal with the Stress of War [Press Release]
Business Wire | 12 hours 14 minutes ago
Psychiatric Solutions, Inc. (PSI) (NASDAQ: PSYS) announced today the launch of PSI Patriot Support, an expanded program to provide behavioral health services to military members and their families at PSI facilities around the country.
Psychiatric Solutions formalizes military support efforts
Tennessean (Nashville), The | 3 hours 17 minutes ago
Psychiatric Solutions Inc. has launched a program that expands behavioral health services members of the military and their families receive at its facilities.
Psychiatric Solutions Earns $0.50 per Diluted Share for Third Quarter 2009 [Press Release]
Business Wire | 27 days 6 hours 24 minutes ago
Psychiatric Solutions, Inc. (“PSI”) (NASDAQ: PSYS) today announced financial results for the third quarter ended September 30, 2009. Revenue was $455.3 million for the quarter, up 5.5% from $431.7 million for the third quarter of 2008. Income from continuing operations attributable to PSI stockholders increased 1.7% to $28.1 million from $27.6 million. Income from continuing operations attributable to PSI stockholders per diluted share was $0.50 for the third quarter of 2009, a 2.0% increase ...
Psychiatric Solutions Completes $70 Million Sale of EAP Business to Aetna [Press Release]
Business Wire | 21 days 3 hours 39 minutes ago
Psychiatric Solutions, Inc. (“PSI”) (NASDAQ: PSYS) today announced that it has completed the sale of its employee assistance program (“EAP”) business to Aetna for approximately $70 million in cash. PSI intends to use the net proceeds from the sale to reduce its debt.
Psychiatric Solutions Announces Third Quarter 2009 Earnings Release and Conference Call Dates [Press Release]
Business Wire | 39 days 10 hours 48 minutes ago
Psychiatric Solutions, Inc. (“PSI”) (NASDAQ:PSYS) today announced it will release its third quarter 2009 earnings on Tuesday, October 27, 2009 after the market close. Psychiatric Solutions will conduct a conference call with institutional investors and analysts at 9:00 a.m. ET on Wednesday, October 28, 2009. Additionally, a live broadcast of the earnings conference call will be available at www.psysolutions.com in the “Investors” section of the website or at www.earnings.com. The webcast of t...
Psychiatric Solutions sells its EAP business to Aetna for $70 million in cash
News-Medical.Net | 20 days 20 hours 24 minutes ago
Psychiatric Solutions, Inc. (PSI) (NASDAQ: PSYS) today announced that it has completed the sale of its employee assistance program (EAP) business to Aetna for approximately $70 million in cash. PSI intends to use the net proceeds from the sale to reduce its debt.
Psychiatric Solutions completes sale of unit to Aetna
Tennessean (Nashville), The | 19 days 19 hours 12 minutes ago
Franklin-based Psychiatric Solutions, Inc. said that it has completed selling its employee assistance program business to insurer Aetna for about $70 million in cash.
Psychiatric Solutions Inc. expands mental health services for troops, families
American City Business Journals | 5 hours 28 minutes ago
Psychiatric Solutions Inc. announced today the launch of an expanded program to provide behavioral health services to military members and their families at PSI facilities around the country.
Psychiatric Solutions' stock plunge on weaker earnings outlook
Tennessean (Nashville), The | 26 days 5 hours 27 minutes ago
Shares of Psychiatric Solutions Inc. were down 25 percent in trading this morning after the provider of behavioral health programs cut its earnings forecast for the full 2009 year.
Psychiatric Solutions stock falls on forecast
Tennessean (Nashville), The | 25 days 18 hours 30 minutes ago
Franklin firm's profit lower than expected
Psychiatric Solutions 3Q profit rises
Richmond Times-Dispatch (Va.) | 27 days 3 hours 45 minutes ago
FRANKLIN, Tenn. (AP) -- Psychiatric Solutions Inc., a provider of behavioral health services, said third-quarter profit rose on stronger admissions and a jump in revenue.
Psychiatric Solutions 3rd-quarter profit rises on higher admissions
Sun (Baltimore), The | 27 days 3 hours 25 minutes ago
Psychiatric Solutions Inc., a provider of behavioral health services, said third-quarter profit rose on stronger admissions and a jump in revenue.
Managed care company Aetna completes purchase of Horizon Behavioral Services -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 20 days 11 hours 19 minutes ago
INDIANAPOLIS (AP) — Managed care company Aetna Inc. said Tuesday it has completed a $70 million acquisition of employee assistance program provider Horizon Behavioral Services LLC.
Psychiatric Solutions posts gain, but misses expectations
American City Business Journals | 26 days 6 hours 17 minutes ago
Psychiatric Solutions Inc. earnings increased 6.7 percent in the third quarter compared to the same period a year ago, but not as large of an increase as analysts expected.
Managed care company Aetna completes purchase of Horizon Behavioral Services
Orlando Sentinel (Fla.) | 20 days 10 hours 47 minutes ago
INDIANAPOLIS (AP) — Managed care company Aetna Inc. said Tuesday it has completed a $70 million acquisition of employee assistance program provider Horizon Behavioral Services LLC.
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Company Overview
| Company: | Psychiatric Solutions, Inc. |
|---|---|
| Industry: | Hospitals |
| Website: | http://www.psysolutions.com |
Sufferers of mental illness may find an answer to their problems with Psychiatric Solutions. The company owns or leases some 90 psychiatric hospitals and residential treatment facilities housing more than 10,000 beds. Its hospitals provide acute behavioral health care, including round-the-clock nursing and psychiatric observation and treatment; while its residential treatment centers offer longer-term treatment for troubled teens and kids. Its facilities are located across the US and in Puerto Rico and the US Virgin Islands. In addition to its inpatient services, the company manages psychiatric units within medical-surgical hospitals.
Key Numbers
| Sales in U.S. Dollars (mil.) | 1,766 (2008) |
|---|---|
| One-year % Growth in Sales | 19.2 (2008) |
| Net Income in U.S. Dollars (mil.) | 105 (2008) |
| One-year % Growth in Net Income | 37.7 (2008) |
| Number of Employees | 23,000 (2008) |
| One-year % Growth in Number of Employees | 5.5 (2008) |
| Fiscal Year-End | December |