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Stock Market & Financial Investment News

News Breaks
March 12, 2013
16:05 EDTACHCAcadia Healthcare initiated with a Buy at Cantor
Target $35.
News For ACHC From The Last 14 Days
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May 27, 2015
12:36 EDTACHCOn The Fly: Top stock stories at midday
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10:55 EDTACHCProposed Medicaid rule positive for mental health providers, says Wells Fargo
After CMS released its proposed Medicaid Managed Care rule yesterday, Wells Fargo says the rule would allow for-profit behavioral hospitals to be reimbursed for providing services to adult Medicaid beneficiaries enrolled in a Medicaid Managed Care program. Acadia Healthcare (ACHC) and Universal Health Services (UHS) both own such hospitals, according to Wells. However, the firm adds that the rule would not change the regulations for fee for service adult Medicaid beneficiaries, who it thinks are likely the heaviest users of behavioral care, But Wells thinks that the proposal announced yesterday paves the way for behavioral hospitals to eventually be reimbursed for providing behavioral services to fee for service beneficiaries. The firm keeps an Outperform on Acadia and a Market Perform rating on Universal Health.
May 21, 2015
07:34 EDTACHCAcadia price target raised to $83 from $75 at Susquehanna
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