secwatch.observer — SEC 8-K summary
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Issuer:     Acadia Healthcare Company, Inc. (ACHC)
CIK:        0001520697
Form:       8-K
Filed at:   2025-12-02T23:59:59+00:00
Accession:  0001437749-25-036657
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acadia Healthcare lowers 2025 guidance after actuarial review shows $49M PLGL expense increase
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- Adjusted EBITDA guidance reduced to $601-611M from $650-660M; adjusted EPS to $1.94-2.04 from $2.35-2.45.
- 2025 PLGL expense projected ~$116M, up from $54M in 2024, driven by 168% increase in claim frequency for 2025 policy year.
- Net PLGL liability expected to rise to $145-165M at year-end 2025 from $78M at end of 2024.
- For 2026, PLGL expense expected between $100M and $110M, reflecting assumption of sustained claim frequency.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520697/000143774925036657/0001437749-25-036657-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520697/000143774925036657/achc20251202_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-036657

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