Veterans Dept. Investigating Acadia Healthcare for Insurance Fraud

Veterans Dept. Investigating Acadia Healthcare for Insurance Fraud

Several federal agencies are investigating whether the large chain of psychiatric hospitals held patients without medical justification.
Acadia Healthcare Says It Faces New Federal Investigations

Acadia Healthcare Says It Faces New Federal Investigations

Shares of the company, one of the largest chains of for-profit psychiatric hospitals, were down 25 percent at one point.