OverviewSuggest Edit

American Addiction Centers provides inpatient substance abuse treatment services for individuals with drug and alcohol addiction in the United States. Its therapy services include motivational interviewing, cognitive behavioral therapy, rational emotive behavior therapy, dialectical behavioral therapy, solution-focused therapy, eye movement desensitization and reprocessing, and systematic family intervention services. In addition, the Company performs drug testing and diagnostic laboratory services; and provides physician services to its clients.

TypePublic
HQBrentwood, TN, US
Websiteamericanaddictioncenters.org
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2018)1,900(-9%)
Job Openings126
Revenue (FY, 2018)$295.8 M
Share Price (Dec 2020)$0
Cybersecurity ratingCMore

Key People/Management at American Addiction Centers

Michael Cartwright

Michael Cartwright

Chairman of the Board
Andrew McWilliams

Andrew McWilliams

Chief Executive Officer
Karen Abbott

Karen Abbott

Chief Compliance Officer
Dan Cerrillo

Dan Cerrillo

Chief of Staff
Jerry D. Bostelman

Jerry D. Bostelman

Director
Mark Calarco

Mark Calarco

National Medical Director for Clinical Diagnostics, American Addiction Centers
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American Addiction Centers Office Locations

American Addiction Centers has an office in Brentwood
Brentwood, TN, US (HQ)
200 Powell Pl
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American Addiction Centers Financials and Metrics

American Addiction Centers Revenue

American Addiction Centers's revenue was reported to be $295.76 m in FY, 2018
USD

Revenue (Q3, 2019)

58.9m

Net income (Q3, 2019)

(16.1m)

EBIT (Q3, 2019)

(2.3m)

Market capitalization (18-Dec-2020)

805.0k

Closing stock price (18-Dec-2020)

0.0

Cash (30-Sept-2019)

1.5m

EV

376.7m
American Addiction Centers's current market capitalization is $805 k.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

295.8m

Sales and marketing expense

10.8m15.8m24.4m27.0m32.7m

Operating expense total

24.3m38.5m54.1m63.3m80.5m

Depreciation and amortization

4.7m7.8m17.7m21.5m22.0m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

86.8m77.5m55.4m62.7m58.9m

Sales and marketing expense

2.8m2.9m3.5m4.4m4.9m5.5m7.0m6.4m6.6m6.6m7.7m8.4m8.6m6.0m6.0m6.1m

Operating expense total

6.9m7.7m9.0m10.1m11.5m12.8m13.9m15.2m14.8m14.9m18.3m20.6m21.4m17.4m16.2m15.3m

Depreciation and amortization

1.2m1.3m1.7m1.9m3.9m4.2m4.6m5.5m5.1m5.2m5.5m5.9m5.6m4.3m3.6m3.5m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

48.5m18.8m4.0m13.8m5.4m

Accounts Receivable

28.7m60.9m87.3m94.1m47.9m

Prepaid Expenses

1.5m6.8m5.2m4.0m10.7m

Current Assets

79.9m86.5m96.5m111.9m64.0m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

6.4m8.3m(5.7m)(25.1m)(66.7m)

Depreciation and Amortization

4.7m7.8m17.7m21.5m22.0m

Accounts Payable

106.0k5.1m824.0k(4.6m)5.7m

Cash From Operating Activities

8.0m6.2m143.0k19.3m(28.9m)
Quarterly
USDQ3, 2014

Financial Leverage

3.6 x
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American Addiction Centers Acquisitions / Subsidiaries

Company NameDateDeal Size
Wetsman Forensic MedicineDecember 10, 2015
Solutions RecoveryDecember 09, 2015
RanktabJuly 02, 2015
Referral Solutions GroupJuly 02, 2015$60 m

American Addiction Centers Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

SecurityScorecard logo

American Addiction Centers Online and Social Media Presence

Embed Graph

American Addiction Centers Company Culture

  • Overall Culture

    D-

    53/100

  • CEO Rating

    F

    47/100

  • Compensation

    D

    54/100

Learn more on Comparably

American Addiction Centers News and Updates

American Addiction Centers to Give 10 Veterans the Gift of Recovery This New Year

BRENTWOOD, Tenn., Jan. 01, 2021 (GLOBE NEWSWIRE) -- Veterans who are struggling with drug or alcohol addiction may be eligible to receive 30 days of free care from American Addiction Centers. Starting January 1, AAC is accepting applications for treatment at its Desert Hope Treatment Center in Las…

American Addiction Centers Completes Financial Restructuring; Emerges with New Capital Structure and Positioned for Long-Term Growth

BRENTWOOD, Tenn., Dec. 14, 2020 (GLOBE NEWSWIRE) -- American Addiction Centers (AAC) announced today that it has successfully completed a financial restructuring process and emerged as a stronger company with limited debt, a robust balance sheet, and plans for long-term growth.

American Addiction Centers and Suicide Survivor Kevin Hines Launch Video Series for Suicide Prevention Awareness Month

BRENTWOOD, Tenn., Sept. 21, 2020 (GLOBE NEWSWIRE) -- This week, marks the 20 year anniversary that Kevin Hines jumped off the Golden Gate Bridge and survived. In a five-part video series with American Addiction Centers, he is sharing his story to raise awareness about suicide and mental health. Su…

NFL Alumni Association and American Addiction Centers Launch Social Campaign to Tackle the Stigma Around Addiction and Mental Health

BRENTWOOD, Tenn., July 07, 2020 (GLOBE NEWSWIRE) -- The stigma associated with addiction and mental health is one of the barriers that keeps people from seeking treatment. The risk of going untreated can be dire for some people. In 2018 alone, there were more than 68,000 overdose deaths in the Uni…

American Addiction Centers Files for Bankruptcy in Delaware

American Addiction Centers Files for Bankruptcy in Delaware

American Addiction Centers Hosts Virtual Support Meetings for the Recovery Community

BRENTWOOD, Tenn., March 18, 2020 (GLOBE NEWSWIRE) -- American Addiction Centers (AAC), a leading provider of substance use treatment services, is facilitating free virtual support meetings to ensure people in recovery from drug and/or alcohol addiction have a lifeline during these challenging time…
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American Addiction Centers Blogs

CEO Michael Cartwright Featured in MarketWatch Giving Insight on Cost of Addiction Treatment

CEO Michael Cartwright of American Addiction Centers speaks about the cost of addiction treatment in the industry and how drastically underfunded addiction […] The post CEO Michael Cartwright Featured in MarketWatch Giving Insight on Cost of Addiction Treatment appeared first on American Addiction C…

Is Comparison Killing Your Recovery? Learn How to Break Free Now

It is human nature to compare yourself to others, especially people you respect, who you feel have some form of control over […] The post Is Comparison Killing Your Recovery? Learn How to Break Free Now appeared first on American Addiction Centers.

Addiction Expert Featured in the Guardian Speaks About Impact of the Opioid Epidemic

Dr. Lawrence Tucker, Medical Director of Laguna Treatment Hospital, provides explanations as to why some communities are more affected and aware of […] The post Addiction Expert Featured in the Guardian Speaks About Impact of the Opioid Epidemic appeared first on American Addiction Centers.

AAC Addiction Experts Featured in the Bustle Providing Insight on 5 Myths About Substance Abuse Disorder

CEO Dave Marlon of Solutions Recovery, Dr. Stephen Pannel, Medical Director of Oxford Treatment Center and Dr. Lawrence Tucker, Medical Director of […] The post AAC Addiction Experts Featured in the Bustle Providing Insight on 5 Myths About Substance Abuse Disorder appeared first on American Addicti…

One of the Gang

Deciding to get help with addiction often begins as a thought kept to oneself. I wrestled internally with the idea for far […] The post One of the Gang appeared first on American Addiction Centers.

Solutions Recovery Wellness Campus Featured on ABC 13 Action News for Offering an Alternative Form of Self-Care

Solutions Recovery was featured on ABC 13 Action News in Las Vegas for offering T.H.E Salon, a full-service beauty salon located on […] The post Solutions Recovery Wellness Campus Featured on ABC 13 Action News for Offering an Alternative Form of Self-Care appeared first on American Addiction Center…
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American Addiction Centers Frequently Asked Questions

  • Who are American Addiction Centers key executives?

    American Addiction Centers's key executives are Michael Cartwright, Andrew McWilliams and Karen Abbott.

  • How many employees does American Addiction Centers have?

    American Addiction Centers has 1,900 employees.

  • What is American Addiction Centers revenue?

    Latest American Addiction Centers annual revenue is $295.8 m.

  • What is American Addiction Centers revenue per employee?

    Latest American Addiction Centers revenue per employee is $155.7 k.

  • Who are American Addiction Centers competitors?

    Competitors of American Addiction Centers include Golden Living, Diversicare Healthcare Services and Cambian Group.

  • Where is American Addiction Centers headquarters?

    American Addiction Centers headquarters is located at 200 Powell Pl, Brentwood.

  • Where are American Addiction Centers offices?

    American Addiction Centers has an office in Brentwood.

  • How many offices does American Addiction Centers have?

    American Addiction Centers has 1 office.