Acadia Healthcare's federal investigations focus on patient admission methods and billing practices, as new reports reveal troubling treatments entangled with the company's operations.
An in-depth New York Times investigation highlights disturbing practices at Acadia, revealing involuntary patient holds and allegations of legal violations regarding patient care.
Recent findings indicate that patients seeking mental health care faced wrongful detentions at Acadia, with serious accusations of not providing necessary therapy or support after admission.
Acadia's significant stock drop reflects investor concern following news of federal inquiries, especially after the company's settlement over defrauding health insurers regarding medially unnecessary patient holds.
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