Psychiatric Solutions, Inc.
News and overview for Psychiatric Solutions, Inc.
Psychiatric Solutions Earns $0.50 per Diluted Share for Third Quarter 2009 [Press Release]
Business Wire | 26 days 10 hours 10 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 | 20 days 7 hours 25 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 | 38 days 14 hours 34 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 10 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 | 18 days 22 hours 58 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' stock plunge on weaker earnings outlook
Tennessean (Nashville), The | 25 days 9 hours 13 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 | 24 days 22 hours 16 minutes ago
Franklin firm's profit lower than expected
Psychiatric Solutions 3Q profit rises
Richmond Times-Dispatch (Va.) | 26 days 7 hours 31 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 | 26 days 7 hours 11 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.) | 19 days 15 hours 5 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 | 25 days 10 hours 3 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.) | 19 days 14 hours 33 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.
UPDATE 1-Psychiatric Solutions Q3 misses Street; cuts '09 view
Reuters | 26 days 8 hours 23 minutes ago
Oct 27 (Reuters) - Psychiatric Solutions Inc (PSYS.O), an operator of mental health facilities, posted a quarterly profit that missed market estimates on lower-than-expected revenue growth and also cut its 2009 profit forecast for the third time this year, sending shares down 13 percent after the bell.
Apollo, Chiquita, Illumina, Psychiatric Solutions: U.S. Equity Preview
Bloomberg | 25 days 18 hours 19 minutes ago
Oct. 28 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.
Insurer Aetna completes Horizon Behavioral deal - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 19 days 15 hours 5 minutes ago
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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 |