Company Overview
American HealthCare Capital is pleased to exclusively present a Behavioral Health Practice for sale in the Western United States. The practice provides behavioral health services, including but not limited to Individual, Couples, and Group Outpatient Psychotherapy, Eating Disorders, Psychological Testing for ADHD, Autism, Mood Disorders, Trauma / PTSD, Learning Disorders, Adoption Readiness, and Substance Use Evaluations. The practice provides in-person appointments in 2 locations, and telehealth services in 3 states.
Patient Overview
The practice maintains an active patient population of approximately 1,720 individuals, with an average patient volume of 2,055 appointment visits per month. The practice provides access to psychological services throughout a large geographical footprint with a team of licensed Ph.D. and MS level mental health professionals who work directly with patients to improve quality of life. The existing patient population is approximately 75% adults and 25% children.
Financial Overview
The Practice payor mix is approximately 50% Medical Assistance, 25% Blue Cross / Shield, and 25% Commercial Insurance. The practice had gross revenues of $1,329,340, $1,973,191, and $2,126,882 during calendar years 2022, 2023 and 2024, respectively. The Practice experienced operating losses during all 3 years as a result of the difficulty recruiting therapists to meet existing patient demand and cash flow challenges. Accordingly, the practice is seeking an investor who can provide assistance with growth and scale.
Currently, the practice is positioned for significant growth with the high and growing demand for Behavioral Health services, a constant waitlist for new patients, active recruitment of additional therapists, and recognition within the community, which a new owner could build upon. Based on these factors, the practice has forecasted significant growth of both gross revenue and net operating income during 2025 and beyond.
Staff Overview
At present, the staff consists of 1 Owner / CEO, 1 COO, approximately 30 Ph.D. and MS level therapists and 4 administrative staff, all of whom are expected to remain with the practice following the transition to a new owner. The practice also has a built-in post-graduate training program which allows it to bill for services “incident to” and creates an in-house staffing pipeline. The 1 Owner is very interested in remaining with the practice and/or the new investor platform in a modified role to focus on scale, growth and strategy.
Asking Price
The asking price for this opportunity is to be determined, and will exclude cash, receivables, and working capital.
