Acadia says it could offload poor performing Priory sites

US health giant Acadia Healthcare has said it could sell or close some Priory Group facilities as challenging trading conditions continue to erode UK margins. Despite a 4.4% increase in same facility revenue for the third quarter of 2018, EBITDA margins fell 450 basis points on 2017 to 16.9% as NHS referrals softened and widespread…

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