Psychiatric Solutions, Inc., a national chain of psychiatric hospitals plagued with state and federal investigations along with share-holder lawsuits, has received a military contract for treating vets in eight hospitals. In Youngstown, Ohio, it is the only certified TRICARE insurance provider.

The Chicago Tribune reported the latest charges against Psychiatric Solutions, Inc., allegations of overdosing teens at Streamwood, its Illinois residential facility. Their allegations were based on a report commissioned by psychiatry department at the University of Illinois for the state Department of Child and Family Services.

Last month's allegations are the latest on a list of controversial complaints that have dogged the profitable Nashville chain, a Wall Street darling. Last year, for the first time, it made the Fortune 500 list (number 968).

Neither the law suits, nor the adverse publicity, nor the drop in its stock as a result of the accumulation of negative publicity have hurt the earning potential of the chief executives. According to the Nashville Post:

"Jacobs, Psych Solutions' chairman, president and CEO, will have a base salary of $1,545,000 in 2010, up 3 percent from his base pay in 2008 and 2009, according to a Securities and Exchange Commission filing.

COO Ronald Fincher's base pay will be $585,000. The company's three executive vice presidents -- Jack Polson, chief accounting officer, Brent Turner, finance and administration, and Christopher Howard, general counsel and secretary -- will each receive $500,000 in base pay, up from $460,000 in 2009.

Psychiatric Solutions, Inc., operates 11,000 beds in 32 states, according to its web site.