Exhibit 99.1

[PSYCHIATRIC SOLUTIONS, INC. LOGO]

CONTACT:
Brent Turner
Vice President, Treasurer and
Investor Relations
(615) 312-5700

         PSYCHIATRIC SOLUTIONS ANNOUNCES THE LAUNCHING OF ITS FINANCING
               TO ACQUIRE 20 INPATIENT PSYCHIATRIC FACILITIES FROM
                             ARDENT HEALTH SERVICES

FRANKLIN, Tenn. (June 14, 2005) - Psychiatric Solutions, Inc. ("PSI") (NASDAQ:
PSYS) today announced the launch of its amended and restated $475 million Senior
Secured Credit Facilities. Proceeds from these facilities, in conjunction with
the proceeds from a proposed $150 million Senior Subordinated Notes issuance,
will be used to fund a portion of the acquisition of 20 inpatient psychiatric
facilities from Ardent Health Services, to pay fees and expenses related to the
acquisition and for general corporate purposes. The amended and restated
facilities include a $325 million term loan facility maturing in 2012 and a $150
million revolving credit facility maturing on December 21, 2009. These
facilities will be guaranteed by all of PSI's subsidiaries, other than PSI
Surety, Inc., certain HUD financing subsidiaries and certain immaterial
subsidiaries, and will be secured by substantially all of the real and personal
property of PSI and its subsidiaries (other than the assets of PSI Surety, Inc.,
certain HUD financing subsidiaries and certain immaterial subsidiaries).

      The Senior Subordinated Notes will be unsecured senior subordinated
indebtedness of PSI guaranteed on a senior subordinated basis by all of PSI's
subsidiaries, other than PSI Surety, Inc., certain HUD financing subsidiaries
and certain immaterial subsidiaries. The Senior Subordinated Notes will be sold
to qualified institutional buyers in reliance on Rule 144A, and outside the
United States in compliance with Regulation S under the Securities Act. The
Senior Subordinated Notes initially will not be registered under the Securities
Act of 1933 or state securities laws and may not be offered or sold in the
United States without registration unless an exemption from such registration is
available.

      This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the Senior
Subordinated Notes in any state in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities laws of
any such state.

      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

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PSYS Announces Launch of Financing
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June 14, 2005

acquisition of 20 inpatient psychiatric facilities from Ardent Health Services;
(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, including the inpatient facilities to be acquired from Ardent Heath
Services; (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; and
(7) potential difficulties in integrating the operations of PSI with recently
acquired operations, including the inpatient facilities to be acquired from
Ardent Heath Services. 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, including the factors listed in PSI's Annual
Report on Form 10-K for 2004 filed on March 15, 2005, under the caption "Risk
Factors." 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.

      Psychiatric Solutions, Inc. offers an extensive continuum of behavioral
health programs to critically ill children, adolescents and adults through its
operation of 34 owned or leased freestanding psychiatric inpatient facilities
with more than 4,000 beds. The Company also manages freestanding psychiatric
inpatient facilities for government agencies and psychiatric inpatient units
within medical/surgical hospitals owned by others.

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