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News Release



Psychiatric Solutions Announces the Purchase of National Deaf Academy
and Cedars Hospital

Has Now Completed or Announced the Purchase of 15 facilities with
Approximately 1,500 Beds since the Start of 2006

FRANKLIN, Tenn., July 5 /PRNewswire-FirstCall/ -- Psychiatric Solutions,
Inc. ("PSI") (Nasdaq: PSYS) today announced that it has completed the
purchase of the National Deaf Academy ("NDA"), an 84-bed Residential
Treatment Center located in Mt. Dora, Florida. NDA is a nationally known
institution specializing in the provision of mental healthcare to Deaf,
Hard of Hearing, and Deaf-Blind children, adolescents and adults. In
addition, NDA has developed highly individualized services for autistic
residents that present with a wide range of pervasive developmental
disorders. For 2005, NDA produced revenues of approximately $14.2
million.

Alan Cohen, M.D., a founder and CEO of NDA, remarked, "There continues
to be a tremendous need throughout the U.S. for our specialized
services, and as a part of the behavioral health industry's leading
inpatient psychiatric provider, we will be better positioned to expand
our operations to comprehensively serve this often overlooked
population. We are honored to be part of an organization that not only
is committed to quality care, but also, has demonstrated a sincere
desire to understand the unique aspects of the Deaf culture that both
our patients and employees live in."

Joey Jacobs, Chairman, President and Chief Executive Officer of PSI,
added, "Our purchase of NDA extends our record of acquiring high quality
inpatient psychiatric facilities that are leaders in their markets and
that have significant organic growth potential. NDA and its outstanding
staff give us a strong platform in a niche market, which is
characterized by substantial demand that enables the facility to draw
high acuity patients from across the country. We are confident that as a
result of this transaction, we can increase our presence in this growing
market.

"We are also pleased today to announce the completion of the purchase of
a second inpatient psychiatric facility, the Cedars Hospital in DeSoto,
Texas, which operates 76 inpatient beds and produced revenues of
approximately $8.1 million for 2005. This facility enhances our existing
share of the Dallas/Ft. Worth market and gives us a total of 10
facilities with approximately 1,300 inpatient beds in Texas.

"We will continue to evaluate additional opportunities to acquire high
quality inpatient facilities in accretive transactions. Since the
beginning of 2006, we have completed or announced six transactions
covering 15 facilities and approximately 1,500 beds."

This press release contains forward-looking statements within the
meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements include
statements other than those made solely with respect to historical fact
and are based on the intent, belief or current expectations of PSI and
its management. PSI's business and operations are subject to a variety
of risks and uncertainties that might cause actual results to differ
materially from those projected by any forward- looking statements.
Factors that could cause such differences include, but are not limited
to: (1) PSI's ability to complete the ABS acquisition and to
successfully integrate the ABS facilities; (2) potential competition
which alters or impedes PSI's acquisition strategy by decreasing PSI's
ability to acquire additional inpatient facilities on favorable terms;
(3) the ability of PSI to improve the operations of acquired inpatient
facilities; (4) the ability to maintain favorable and continuing
relationships with physicians who use PSI's facilities; (5) the ability
to receive timely additional financing on terms acceptable to PSI to
fund PSI's acquisition strategy and capital expenditure needs; (6) risks
inherent to the health care industry, including the impact of unforeseen
changes in regulation, reimbursement rates from federal and state health
care programs or managed care companies and exposure to claims and legal
actions by patients and others; (7) PSI's ability to comply with
applicable licensure and accreditation requirements; and (8) potential
difficulties in integrating recently acquired operations with PSI. The
forward-looking statements herein are qualified in their entirety by the
risk factors set forth in PSI's filings with the Securities and Exchange
Commission. PSI undertakes no obligation to update any forward-looking
statements, whether as a result of new information, future events or
otherwise. Readers should not place undue reliance on forward-looking
statements, which reflect management's views only as of the date hereof.

PSI offers an extensive continuum of behavioral health programs to
critically ill children, adolescents and adults through its operation of
61 owned or leased freestanding psychiatric inpatient facilities with
over 6,600 beds in 27 states. PSI also manages freestanding psychiatric
inpatient facilities for government agencies and psychiatric inpatient
units within medical/surgical hospitals owned by others.

SOURCE Psychiatric Solutions, Inc.


CONTACT: Brent Turner, Executive Vice President, Finance and
Administration of Psychiatric Solutions, Inc., +1-615-312-5700



Steve Hamerdinger, Director
Office of Deaf Services
Alabama Department of Mental Health
and Mental Retardation
P.O. Box 301410
Montgomery, Alabama 36117
(334) 353-4701 (TTY)
(334) 242-3024 (FAX)




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