AZ child protective services pulls children from Acadia unit, The Republic says Acadia Healthcare (ACHC) confirmed to The Arizona Republic that Arizona Child Protective Services had removed an undisclosed number of children from supervision at its Parc Place center. The residential treatment center has a history of allegations of sexual and physical misconduct, according to the report. Reference Link
Hospital sector downgraded to Market Weight at Wells Fargo Wells Fargo downgraded the Hospital group to Market Weight from Overweight saying the Supreme Court's decision to hear the King v. Burwell case as well as the government's reduced expectations for exchange enrollment in 2015 are likely to remain an overhang on the sector through at least the end of June. Along with the group cut, Wells downgraded shares of HCA Holdings (HCA) and Community Health (CYH) to Market Perform from Outperform. The firm keeps Market Perform ratings on Acadia (ACHC), LifePoint Hospitals (LPNT), Tenet (THC) and Universal Health (UHS).