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Addiction treatment trade group calls American Addiction Center lawsuit a “wild-eyed conspiracy”

UPDATE 7/15: This story was updated with a statement from American Addiction Centers. By MATT BLOIS An addiction treatment trade group is calling a lawsuit filed by the Brentwood addiction treatment company American Addiction Centers a “wild-eyed conspiracy.” The National Association of Addiction Treatment Providers asked a judge to dismiss the lawsuit in a court

By | 2019-07-15T11:18:19-05:00 July 12th, 2019|Categories: Business|Tags: |0 Comments

American Addiction Centers receives third warning of delisting from stock exchange

By MATT BLOIS The Brentwood addiction treatment provider American Addiction Centers has received a third warning from the New York Stock Exchange that the company is at risk of delisting. The newest warning was triggered because the company’s stock has been below $1 for at least 30 trading days. The second warning in May was

By | 2019-07-10T01:57:42-05:00 July 9th, 2019|Categories: Business, BW-Healthcare|Tags: |0 Comments

American Addiction Centers reports it’s at risk of delisting from stock exchange again

By MATT BLOIS The Brentwood based addiction treatment company American Addiction Centers reported  on Friday that it’s again at risk of being delisted from the New York Stock Exchange. Last week, the company received a notice that its market capitalization had fallen below $50 million. AAC will need to submit a plan to improve its

By | 2019-05-20T17:53:22-05:00 May 20th, 2019|Categories: Business, BW-News|Tags: |Comments Off on American Addiction Centers reports it’s at risk of delisting from stock exchange again

American Addiction Centers accuses trade organization of pressuring tech companies to exclude them from online advertising

By MATT BLOIS The Brentwood based addiction treatment company American Addiction Centers has accused a trade organization of defaming the business and pressuring tech companies to exclude them from online advertising. In a complaint filed in federal court on Tuesday by AAC, the company criticized the National Association of Addiction Treatment Providers for disparaging the

By | 2019-05-07T19:16:38-05:00 May 7th, 2019|Categories: Business, BW-Healthcare|Tags: |Comments Off on American Addiction Centers accuses trade organization of pressuring tech companies to exclude them from online advertising

American Addiction Centers doubles down on digital marketing after website traffic fell last year

By MATT BLOIS The Brentwood based company American Addiction Centers is doubling down on its digital marketing efforts after website traffic fell substantially last year. Last fall, the Brentwood based addiction treatment company American Addiction Centers reported that a change to Google’s search algorithm dramatically lowered the number of new patients. About a month after

By | 2019-04-12T23:20:15-05:00 April 15th, 2019|Categories: Business, BW-News|Tags: |Comments Off on American Addiction Centers doubles down on digital marketing after website traffic fell last year

American Addiction Centers hopes to file annual report soon after falling out of compliance with stock exchange rules

By MATT BLOIS Brentwood based addiction treatment company American Addiction Centers is out of compliance with New York Stock exchange rules because it hasn’t filed an annual report on time. A press release states the company is working to finalize its annual report and expects to do so shortly, “although no assurances as to timing

By | 2019-04-10T18:59:27-05:00 April 10th, 2019|Categories: Business, BW-Healthcare|Tags: |Comments Off on American Addiction Centers hopes to file annual report soon after falling out of compliance with stock exchange rules

American Addiction Centers is late to file an annual report following poor operating results

By MATT BLOIS The Brentwood health care company American Addiction Centers won’t file an annual report on time, according to a document filed with the Securities and Exchange Commission. The company stated in the document that it couldn’t file the 2018 report by the due date without “unreasonable effort or expense." In previous years, the company

By | 2019-03-27T16:46:31-05:00 March 28th, 2019|Categories: Business, BW-Healthcare, BW-News|Tags: |Comments Off on American Addiction Centers is late to file an annual report following poor operating results

American Addiction Centers reports problems getting clients in the door, takes out a loan to cover costs

By MATT BLOIS American Addiction Centers, an addiction treatment company based in Brentwood, reported major problems getting new patients in the door after a change to Google’s search algorithm last summer sharply cut new admissions. With $5.4 million left in the bank, the company took out a $30 million loan last week, at an interest

By | 2019-03-13T18:54:32-05:00 March 13th, 2019|Categories: Business, BW-Healthcare, BW-News|Tags: |Comments Off on American Addiction Centers reports problems getting clients in the door, takes out a loan to cover costs