Company Overview
American HealthCare Capital is pleased to exclusively present a well-established Behavioral Health Practice for sale in the Northeastern United States. The practice provides behavioral health services, including but not limited to Individual, Couples, and Group Outpatient Therapy, TMS Therapy, Spravato Therapy, Talk Therapy, ADHD Services, Diagnostic Evaluations and Assessments, Medication Management, and Enterprise Solutions (i.e. high pressure corporate environments, correctional facilities, etc.). The practice provides in-person appointments in 7 locations (+2 additional practices currently under LOI) and telehealth services in a wide geographical range. In addition to clinical services, the Practice also provides management services through an MSO Model, including but not limited to Revenue Cycle Management, Marketing, Customer Services, Technology, etc.
Patient Overview
The practice maintains an active patient population of approximately 6,000+ individuals. The average patient volume is 200 appointment visits per day, with approximately 20 of these appointments representing new patients per day. The practice provides access to behavioral health services throughout a large geographical footprint with a team of licensed mental health professionals who work directly with patients to improve quality of life. The existing patient population is approximately 93% adults and 7% children.
Financial Overview
The Practice payor mix is approximately 90% Commercial Insurance, 5% Medicare, and 5% Self-Pay. The practice had gross revenues of $1,991,195, $1,649,816, and $2,500,877 during calendar years 2022, 2023, and 2024, respectively. The year-to-date financial statements as of June 30, 2025, indicate that gross revenues will reasonably amount to $4,066,120 or more for the 2025 calendar year, representing a 63% growth rate. The Practice experienced adjusted net operating income of $143,547, ($11,361), and $325,529 during calendar years 2022, 2023, and 2024, respectively. Currently, the practice is positioned for significant growth with the two (2) additional practices currently under LOI, approximately twelve (~12) additional practice locations under consideration, the high and growing demand for Behavioral Health services, a constant waitlist for new patients, active recruitment of additional Psychiatrists, Nurse Practitioners, Physician Assistants, Psychologists, Therapists, and recognition within the community, which a new investor 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.
With no additional investment into growth and expansion, the Practice is expected to realize a 40% margin, however, they expect to continue to add many new locations. Projected revenues and patient volume from the anticipated new locations and new hires will be approximately $10M and 350 patients per day without the TMS or Spravato services.
Staff Overview
At present, the staff consists of 2 Physicians (1 is the Owner / CEO), 1 Ph.D., 1 Psy.D., 4 CRNPs (3 starting in August, September and October), 2 PA-Cs (1 starting in November), 29 MS-Level Therapists, 10 Administrative Staff, and 20 remote employees (revenue cycle management, credentialing, customer relationship management, website-social-digital media manager, bookkeeping and software programing), all of whom are expected to remain with the Practice following the growth capital infusion from a new investor.
The 1 Physician (Owner / CEO) is a seasoned clinical entrepreneur who has previously scaled a mental health platform in the Mid-Atlantic to become a portfolio company of a reputable Mid-Market P/E firm. He would remain with the Practice to ensure significant growth, scale and exit together with a new investor platform.
Asking Price
At present, the Practice is seeking an investor who can provide capital and assistance to scale the Practice. They are seeking up to $5,000,000 in growth capital in exchange for a significant equity stake in the Practice and participation in all future growth.
