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Stock impact report

AAC Holdings, Inc. Reports Preliminary Estimated Operational Highlights for Second Quarter 2019

AAC Holdings, Inc (AAC)  More Company Research Source: PR Newswire
Last aac holdings, inc earnings: 8/30 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.americanaddictioncenters.org
PDF BRENTWOOD, Tenn., Aug. 12, 2019 /PRNewswire/ -- AAC Holdings, Inc. (NYSE: AAC) (the "Company") announced preliminary estimated operational and financial results for the second quarter ended June 30, 2019. Second Quarter 2019 Highlights: (All comparisons are to first quarter ended March 31, 2019, unless otherwise noted) Average effective inpatient utilization improved to 81% from 75% Total inpatient average daily census improved 8% to 802 from 740 New admissions increased 4% to 4,830 from 4,641 The Company expects to report sequential improvement in both revenue and adjusted EBITDA for the quarter ended June 30, 2019. (Adjusted EBITDA is a non-GAAP financial measure and a table reconciling this non-GAAP measure to the most directly comparable GAAP measure will be provided with the Company's reports on results of operations for Q2 2019.) The Company is also considering numerous initial proposals from third party investment firms as a result of the strategic transaction process being led [Read more]
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