BNET Industries
Market Cap:$1.1B
Last Fiscal Year Sales:$1.7B
- Public
- US
Dow Jones Description
Our business strategy is to acquire inpatient behavioral health care facilities and improve operating results within new and existing inpatient facilities and our other behavioral health care operations. From 2001 to 2004, we acquired 34 inpatient behavioral health care facilities. During 2005, we acquired 20 inpatient behavioral health care facilities in the acquisition of Ardent Health Services, Inc. and one other inpatient facility. During 2006, we acquired 19 inpatient behavioral health care facilities, including nine inpatient facilities with the acquisition of the capital stock of Alternative Behavioral Services, Inc. (ABS) on December 1, 2006. During 2007, we acquired 16 inpatient behavioral health care facilities, including 15 inpatient facilities in the acquisition of Horizon Health Corporation (Horizon Health). During 2008, we acquired five inpatient behavioral health care facilities from UMC and opened Lincoln Prairie Behavioral Health Center, a 120-bed inpatient facility in Springfield, Illinois. In January 2009, we opened Rolling Hills Hospital, an 80-bed inpatient facility in Franklin, Tennessee.
Number of Employees 16,000
Contact Information
6640 Carothers Pkwy Ste 500
Franklin, Tennessee 37067
(615) 312-5700
Peer Companies
NAICS Code All Other Outpatient Care Centers: 621498
Recent Events
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Raymond James Downgrades Psychiatric Solutions PSYS From Strong Buy To Market Perform
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Soleil Securities Downgrades Psychiatric Solutions PSYS to Hold; Lowers PT & Estimates
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Psychiatric Solutions Releases 3Q 2009 Results
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Bronstein, Gewirtz & Grossman, LLC Announces Class Action Lawsuit Against Psychiatric Solutions, Inc.
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Psychiatric Solutions Announces Third Quarter 2009 Earnings
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Kendall Law Group Announces Securities Class Action Against Psychiatric Solutions, Inc.
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Psychiatric Solutions Earns $0.63 per Diluted Share for Second Quarter 2009
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Psychiatric Solutions Earns $0.63 per Diluted Share for Second Quarter 2009
News & Analysis
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psychiatric solutions inc. - All News and Analysis
Psychiatric Solutions, Inc. Q3 2009 Earnings Call Transcript
Seeking Alpha
- 2009-10-28
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Ryan Daniels with William Blair. Ryan Daniels - William Blair I wanted to dive into the charity care issue a little bit more if I could. From your comments it seems like in Colorado and California maybe the...
Why Investors Are Crazy for Psychiatric Solutions
Seeking Alpha
- 2009-09-16
Paul Price submits: Psychiatric Solutions (NDQ:PSYS) September 15, 2009 $29.30 52-week range: $12.49 (Mar. 6, 2009) - $40.90 (Sep. 19, 2008) by Paul Price
Psychiatric Solutions, Inc Q1 2009 Earnings Call Transcript
Seeking Alpha
- 2009-04-29
Question-and-Answer SessionOperator Operator Instructions We will go first to Ryan Daniels, William Blair. Ryan Daniels – William Blair Yeah, good morning guys. Couple quick housekeeping questions, first on the financials. I noticed the supply costs were down actually pretty nicely year-over-year even on the good revenue growth. Is there...
Psychiatric Solutions, Inc., Q4 2008 Earnings Call Transcript
Seeking Alpha
- 2009-02-26
Question-and-Answer SessionOperator Thank you Mr. Turner Operator Instructions We will take our first question from Ryan Daniels with William Blair. Please go ahead. Christina Bradshaw – William Blair & Company Good morning. It’s Christina Bradshaw for Ryan this morning. To start-off, where is the weakness that you’re...
Psychiatric Solutions, Inc. Q3 2008 Earnings Call Transcript
Seeking Alpha
- 2008-10-31
Question-and-Answer SessionOperator Yes, thank you, sir. Operator instructions We go first to Adam Feinstein with Barclays Capital. Adam Feinstein – Barclays Capital Alright, thank you. Good morning, everyone. Joey Jacobs Good morning. Adam Feinstein – Barclays Capital Just a few questions here and I guess...
Underdog Smallcaps: Potential Short Squeezes
Seeking Alpha
- 2008-09-14
J Clinton Hill submits: Most bullies like to pick on smaller guys who often can do little to resist their sheer size and brute strength. The market is no exception and its bullies are the hedge funds and professional traders who typically "gang up" against smallcap stocks. Yet, as...
Psychiatric Solutions, Inc. Q2 2008 Earnings Call Transcript
Seeking Alpha
- 2008-08-04
Question-and-Answer Session Operator Thank you. Operator instructions We will go first to Adam Feinstein with Lehman Brothers. Adam Feinstein – Lehman Brothers Okay. Thank you. Good morning. A very strong quarter. Just a question on the quarter, then I want to ask on Riveredge. Maybe, just –...
Psychiatric Solutions Inc. Q1 2008 Earnings Call Transcript
Seeking Alpha
- 2008-05-02
Question-and-Answer SessionOperator Thank you. Operator Instructions. We'll go first to Adam Feinstein with Lehman Brothers. Adam Feinstein - Lehman Brothers Okay. Thank you. Good morning, everyone. A few questions here. I guess just to start, maybe just talk a little bit about just looking at the same-store growth...
Psychiatric Solutions Q4 2007 Earnings Call Transcript
Seeking Alpha
- 2008-02-21
Question-and-Answer SessionOperator Thank you. Operator Instructions And we will go first to Ryan Daniels with William Blair. Ryan Daniels - William Blair Hey, good morning, couple of quick questions on some of the financials. First, in the fourth quarter I noticed that CapEx jumped up nicely to about $25...
Psychiatric Solutions Q3 2007 Earnings Call Transcript
Seeking Alpha
- 2007-11-02
Question-and-Answer SessionOperator Operator Instructions And we’ll take our first question from Ryan Daniels with William Blair. Ryan Daniels - William Blair Quick housekeeping questions upfront. Can you talk a little bit about what is inherent in your '08 guidance regarding the tax rate? Is that going to still be...
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Glass Door
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