Psychiatric Solutions, Inc. (“PSI”) (NASDAQ: PSYS) announced today it will participate in the Raymond James & Associates 30^th Annual Institutional Investors Conference, which takes place March 8^th through March 11^th in Orlando, Florida. In connection with the conference, there will be an on-line simulcast of the Company’s presentation available at the Company’s Web site starting at 2:50 p.m. Eastern Time/1:50 p.m. Central Time on Monday, March 9, 2009.

The Company will also participate in the 2009 Barclays Capital Global Healthcare Conference, which takes place March 10^th through March 11^th in Miami, Florida. In connection with the conference, there will be an on-line simulcast of the Company’s presentation available at the Company’s Web site starting at 9:30 a.m. Eastern Time/8:30 a.m. Central Time on Wednesday, March 11, 2009. Joey Jacobs, PSI’s Chairman, President and Chief Executive Officer, and Brent Turner, PSI’s Executive Vice President, Finance and Administration, will be speaking at both conferences.

The live simulcast of both presentations will be available on the Company’s Web site, www.psysolutions.com, by clicking on the “Investors” link. A replay of the presentations will also be available on the Company’s Web site for two weeks. Please go to the site at least 15 minutes prior to each presentation to download and install any necessary audio software.

PSI offers an extensive continuum of behavioral health programs to critically ill children, adolescents and adults and is the largest operator of owned or leased freestanding psychiatric inpatient facilities with over 10,000 beds in 31 states, Puerto Rico and the U.S. Virgin Islands. PSI also manages freestanding psychiatric inpatient facilities for government agencies and psychiatric inpatient units within medical/surgical hospitals owned by others.

Psychiatric Solutions, Inc.
Brent Turner, 615-312-5700
Executive Vice President,
Finance and Administration