Annual Revenue: $15,910,184
Net Cash Flow: $9,014,338
Industry: Health Care
Location: Western US
Treatment Facility – Behavioral Health – Mental Health – Dual Diagnosis IOP
100% Out Of Network – Commercial Insurance/Private Pay Only
This Treatment Center treats both men and women ages 18-65. The targeted demographic is young adult males and females seeking a structured and supportive after the program. The typical client enters our program with 14-21 days sober and has been medically stabilized at an In-Patient facility.
This company provides PHP, IOP, IOP MH, and Routine Outpatient therapy. Patent Census arrives from across the USA. The Facility has an IOP Cert from the DHCS, License from the Joint Commission – Accreditation; and CLIA.
The average census is over 50 patients; Average length of stay is over 90 days.
Payer Mix: 95% Insurance; Top 5 Insurance Payer Mix – 32%, 15%, 12%, 6%, 5%, respectfully; Average Insurance Reimbursement Rates 34%
Employees: Fully staffed and operated on a semi-absentee basis by the current owner.
Reason for Sale: Other Business Interests
Transition: The owner will provide a smooth transition. Key staff in place will remain post-sale for a new owner.
Growth: At present growth is at about 20% annually; estimated sustainable growth is at 10%
Financing: Bankable Financials