Unfit parents = Swollen ASPEN Coffers (thanks Bad Bains)
the youth treatment division contributed $46.2 million a year
1. From July 1 to September 30 2007 843 new kids were caught in the CRC net. (Assuming Annual Tuition of $54k was paid up front).
2. 9.3 new Kids per day - for 90 days - is 843 new kids.
3. That's $513,333 dollars per day in new annual tuition payments for new kids ONLY.
843 new kids = 46 million dollars.
You are trying to tell me ASR has a heart of gold and isn't profit driven?
Bain
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CRC
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Aspen
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Academy at Swift River
Broken homes = cash money.
My friends father worked for a sewage utilities company. He wore a shirt one day that had the company's name on the front and on the back it said,
"You're shit is our bread and butter"
Consolidated net revenue for the third quarter of 2007 increased by $56.9 million, or 86.8%, to $122.4 million as compared to $65.5 million for the third quarter of 2006. Of the $56.9 million increase, the youth treatment division contributed $46.2 million and the remaining net revenue growth was driven by net revenue increases of $7.8 million, or 18.5%, and $2.9 million, or 12.5%, in CRC’s residential and outpatient treatment divisions, respectively.
Of the $56.9 million increase, the youth treatment division contributed $46.2 million and the remaining net revenue growth was driven by net revenue increases of $7.8 million, or 18.5%, and $2.9 million, or 12.5%, in CRC’s residential and outpatient treatment divisions, respectively. The net revenue growth in the residential and outpatient treatment divisions was mainly driven by increases of $4.2 million and $0.9 million, respectively, resulting from the 2006 and 2007 acquisitions that were not included in the results of operations for the second quarter of 2006. In addition, same-facility revenue growth in residential and outpatient treatment divisions of $2.8 million, or 6.9%, and $1.0 million, or 4.5%, respectively, resulted from increases in average daily census and net revenue per patient day and contributed to the net revenue growth. The remaining net revenue growth in the residential and outpatient treatment divisions was driven by start-up facilities.