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Acadia Healthcare Company, Inc. (ACHC) CEO Debra Osteen on Q1 2020 Results - Earnings Call Transcript

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Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Q1 2020 Earnings Call May 5, 2020 9:00 AM ET

Company Participants

Gretchen Hommrich - Director, Investor Relations

Debra Osteen - Chief Executive Officer

David Duckworth - Chief Financial Officer

Conference Call Participants

Kevin Fischbeck - Bank of America

A.J. Rice - Credit Suisse

Ralph Giacobbe - Citi

Brian Tanquilut - Jefferies

Pito Chickering - Deutsche Bank

Matthew Gillmor - Baird

Whit Mayo - UBS

Gary Taylor - JPMorgan

John Ransom - Raymond James

Nick Spiekhout - William Blair

Gerard Campagna - Stephens


Please standby. We're about to begin. As a reminder, this call is being recorded. Please proceed.

Gretchen Hommrich

Good morning and welcome to Acadia's First Quarter 2020 Conference Call. I'm Gretchen Hommrich, Director of Investor Relations for Acadia. I'll provide you with our Safe Harbor before turning the call over to our Chief Executive Officer, Debbie Osteen.

To the extent any non-GAAP financial measure is discussed in today's call, you will also find a reconciliation of that measure to the most directly comparable financial measure calculated according to GAAP on our website by viewing yesterday's news release under the Investors link.

This conference call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements, among others, regarding Acadia's expected operational and financial performance for 2020 and beyond.

For this purpose, any statements made during this call that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, the words believes, anticipates, plans, expects, and similar expressions are intended to identify forward-looking statements.

We caution you that these statements may be affected by the important factors, among others, set forth in Acadia's filings with the Securities and Exchange Commission and in the company's first quarter news release, and consequently, actual operations

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