American Healthcare Capital is pleased to introduce a $13 million inpatient and outpatient behavioral health services provider with in-network insurance contracts located in Southern California. The company has been in business since 2012 and is CARF Accredited. They provide a variety of inpatient and outpatient addiction treatment services which include mental health, residential treatment, detox, IOP, PHP, and much more.
The company payer breakdown is 80% In-Network Insurance and 20% Out-of-Network Insurance. In 2018, the company generated approximately $14.1 million of revenue and their Trailing Twelve Months (TTM) revenue ending June 2019 was $13.1 million. They operate a total of 6 Residential Treatment Facilities with a current census of 14 and their current census for Outpatient services across two locations is 59. Both census numbers fluctuate daily and they have ample growth opportunities to expand their services.
The company has filed for Chapter 11 bankruptcy and section 363 guidelines will apply to the assets being sold.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.