AAC Holdings (AAC) Misses Q3 EPS by 32c
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AAC Holdings, Inc. Reports Third Quarter 2018 Results
November 6, 2018 7:01 AM ESTBRENTWOOD, Tenn., Nov. 6, 2018 /PRNewswire/ -- AAC Holdings, Inc. (NYSE: AAC) today announced financial results for the third quarter ended September 30, 2018 and updates its previously issued full year 2018 guidance.
Third Quarter 2018 Operational and Financial Highlights:(All comparisons are to the comparable prior-year period, unless otherwise noted)
Total revenue increased 10% to $77.5 million on a comparable accounting basis (decreased 4% as reported) Average daily inpatient revenue (ADR) decreased 12% to $758 Total average daily census (ADC) increased 16% to 1,132 Outpatient visits increased 163% to 48,626 Net loss attributable to AAC... More