Carpe per diem –

Jan. 7, 2019 – These are very broadly defined and often prompted in a school setting. These can lead to subsequent extended-stays in U.S. based facilities owned by Acadia, and other for-profit providers. However, specifically, from this site-level director’s point-of-view;

“They’re warehousing children, because they get $650 per day from the state”

Now, in terms of Acadia’s U.K. operations (the large majority acquired in 2016, branded as The Priory Group), I previously reported on allegations of abuse of the NHS provisions that have led to involuntary seclusion of autistic children and adults.

Providers can collect nearly 4X the aforementioned amount for ‘warehousing’ British youth–an astonishing £15,000.00 GBP per-week for those patients, and the U.K. is now Acadia’s largest revenue stream. However, $650.00 USD is still a large per-diem check–more than most daily commercial insurer reimbursements in the U.S.

Full Story @ SeekingAlpha.com