Harry Pearson
Hello, everyone. Thank you for joining us this afternoon. It’s my pleasure to introduce Chris Hunter and Todd Young, the Acadia Healthcare CEO and CFO. We’re going to have a presentation and maybe a little time for Q&A at the end. Chris?
Christopher Hunter
CEO & Director
Thank you, Harry. Good afternoon, everyone. Thanks for joining us. We’re going to spend today covering a few key themes. First, we’re going to provide an overview of the company, and then we’ll get into some of the progress that we’ve made in 2025 as well as some of the challenges. And finally, we’ll talk about some of the key puts and takes as we look further into 2026.
Before we get into that, I just wanted to flag that we did reiterate our 2025 guidance this morning. We continue to expect revenue of $3.28 billion to $3.3 billion, adjusted EBITDA of $601 million to $611 million, and adjusted EPS of $1.94 to — $1.94 to $2.04. As usual, we will provide fourth quarter actual results in late February.
For investors who are newer to our organization, I want to provide a quick introduction to Acadia. So we are the largest stand-alone behavioral health company in the country with both national scale and regional density, as you can see from our map here of our 277 facilities. We have programs, services and facilities spanning 40 states and Puerto Rico, and we have 4 complementary service lines.
So the green dots that you see here represent our 59 acute facilities where we treat high










