|Bid||0.0000 x 800|
|Ask||0.0000 x 1400|
|Day's Range||0.4600 - 0.4900|
|52 Week Range||0.3220 - 3.3200|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 7, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.50|
Laguna Treatment Hospital, an American Addiction Centers facility and leading provider of substance use treatment, has welcomed Laura Giffin as the facility’s Alumni Services Manager. In her new role, Giffin plans to further incorporate Laguna Treatment Hospital into the community she calls home. Addiction is an illness very personal to Giffin.
AAC, which is currently being traded on an over-the-counter market, was delisted from the NYSE in November because it did not maintain a $15 million market cap over a consecutive 30-day trading period.
BRENTWOOD, Tenn., Nov. 12, 2019 -- AAC Holdings, Inc. (OTC: AACH) (“the Company” or “AAC”) announced financial results for the third quarter and nine months ended September 30,.
AAC Holdings, Inc. (OTC:AACH) today announced a new date for the release of its results for the third quarter of 2019. The Company plans to issue its earnings release before the market opens on Tuesday, November 12, 2019, and will host a conference call and live webcast on the same day at 9 a.m. CDT to discuss business highlights and financial performance for the period. “Currently, the Company expects sequential positive operating results for the third consecutive quarter,” said American Addiction Centers.
The deals come a little more than a week after the Brentwood-based company was kicked off the New York Stock Exchange.
AAC Holdings, Inc. announced today several new developments for the company, including an agreement with its senior secured lenders that provided the Company with an additional $5 million of liquidity and a forbearance agreement through March 31, 2020, regarding certain events of default. AAC Holdings also appointed three new independent members to its board of directors this week. The new members are LOC Distribution CEO Bob Nash, Vogel Partners Managing Member Scott D. Vogel and TML Corporate Strategies President T. Michael Logan.
Greenhouse Treatment Center, an American Addiction Centers facility and leading substance use provider in Texas, has introduced the Licensed Professionals Treatment Program designed to address the unique issues and specific needs of specialists in various occupations. Designed for credentialed professionals, this program focuses on the specific recovery challenges this population may face while equipping them with the skills to navigate circumstances particular to their field. According to research, 21% of lawyers struggle with alcohol abuse, and an estimated one in 10 medical professionals will experience alcohol and/or substance use at one point during their lifetime.
Freedom from addiction is possible. Studies indicate that one in 10 veterans has been diagnosed with a substance use disorder. Through its social media campaign, launching on November 11, AAC is on a mission to get more veterans into treatment.
Greenhouse Treatment Center, a leading substance use treatment facility in Texas, is providing extra support to patients who have recently completed treatment with the introduction of MAP Health Management. It is for these reasons that aftercare support, such as MAP Health Management, can be essential for helping them maintain their sobriety. Just before completing treatment, each patient meets with a MAP administrator to establish a profile and, based on a number of personal factors, such as gender, age and drug of choice, specially match them with a peer recovery support specialist.
Shares of AAC Holdings Inc. were suspended from trading on the New York Stock Exchange Monday and the exchange has initiated delisting proceedings on the company, according to a news release. The NYSE is delisting AAC’s stock because the company did not maintain a $15 million market cap over a consecutive 30-day trading period, according to the release. Shares of AAC closed Friday at 48 cents per share, giving the company a market cap of $12.1 million.
Brentwood, Tennessee--(Newsfile Corp. - October 23, 2019) - AAC Holdings, Inc. (NYSE: AAC) today announced that, as a result of continued positive discussions with the Company's senior secured lenders, the Company expects to enter into an agreement securing additional liquidity and receiving a forbearance from its senior secured lenders regarding certain previous events of default. The Company expects to finalize the agreement with its senior secured lenders next week, although no assurance can ...
BRENTWOOD, TN / ACCESSWIRE / October 23, 2019 / AAC Holdings, Inc. (AAC) today announced that as a result of continued positive discussions with the Company's senior secured lenders, the Company expects to enter into an agreement securing additional liquidity and receiving a forbearance from its senior secured lenders regarding certain previous events of default. The Company expects to finalize the agreement with its senior secured lenders next week, although no assurance can be made that an agreement will result from these discussions within that time frame or that an agreement consistent with these discussions will be reached at all. The Company is also in the process of finalizing the appointment of three additional independent members to its Board of Directors.
Greenhouse Treatment Center, a leading addiction treatment provider in Texas, has developed and implemented the PATH program, a specialized substance use and mental health treatment track designed for those with chronic mental illness. The PATH (personalized and therapeutic healing) program addresses specific mental health issues that may increase the possibility of relapse and equips patients with life and coping skills conducive to recovery.
The company is one of a trio of Brentwood-based health care companies that have struggled to remain listed on a public exchange over the last 12 months.
The Company plans to issue its earnings release before the market opens on Thursday, November 7, 2019, and will host a conference call and live webcast on the same day at 8 a.m. CDT to discuss business highlights and financial performance for the period. “Currently, the Company expects sequential positive operating results for the third consecutive quarter,” said American Addiction Centers. The live audio webcast of the Company's quarterly conference call will be available online in the Investor Relations section of the Company's website at ir.americanaddictioncenters.org, and the online replay will be available approximately one hour after the end of the call.
American Addiction Centers (AAC), a leading provider of substance use treatment services, released the latest installment of its new docuseries, “Far From Finished,” featuring former BMX Elite Pro Tony Hoffman. The docuseries gives viewers an in-depth look at recovery through stories of those who are reclaiming their lives from drug and/or alcohol addiction. In the documentary, Hoffman shares his journey from prison to the 2016 Rio Olympics, and how his struggles with addiction almost ended his life and his dreams.
American Addiction Centers (AAC), a leading provider of substance use services, had more than 20 teams participate in the Active Heroes 22 Push-up Challenge. Throughout the month of September, each team performed 22 push-ups in honor of the 22 veterans who commit suicide every day. AAC’s CEO, Michael Cartwright, and the executive team were the first to complete the challenge and set the pace for the company.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of AAC Holdings, Inc. New York, October 02, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of AAC Holdings, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
MIDDLETOWN, R.I., Sept. 30, 2019 -- The Aquidneck Island Rally 4 Recovery honored Fred A. Trapassi, Jr., CEO of AdCare Rhode Island, with a Lifetime Achievement Award. The.
Greenhouse Treatment Center, a leading addiction treatment provider in Texas, has expanded its services to include a specialized track focused on the particular needs of the LGBTQ+ population. Mental illness, substance use and addiction are found at higher rates in the LGBTQ+ community. According to research, 20 to 30% of the LGBTQ+ population has a substance use disorder compared to 9% of the overall U.S. population.