Behavioral Health Practice in Mid-Atlantic with $4M Revenue Forecast

This listing presents an established Behavioral Health Practice located in the Mid-Atlantic region of the United States. The practice offers a comprehensive suite of therapy services, including Advocacy for Children, In-Home Therapy, Outpatient Counseling, Behavioral Assistance, ABA Services, and Classroom Support Training. Serving a diverse patient population aged 2 years and older, the practice caters to over 185 children, managing an average of 41-42 appointments daily. The operational model emphasizes a team-based, 'wrap-around' service approach, fostering collaboration among patients, families, providers, and the community.

Financially, the practice generated $3,017,112 in gross revenue in 2023 with a net operating income of $658,000. The payor mix is predominantly Medicaid Managed Care (90%), with 10% from private-pay/self-pay. The business is poised for significant growth, with a 2024 gross revenue forecast of $4 million and an estimated net operating income of $800,000. Growth drivers include the recent introduction of two new programs, high demand for behavioral health services, a consistent patient waitlist, and ongoing therapist recruitment.

The practice is supported by a dedicated team, including two owners, approximately 113 W2 therapists, and a small administrative staff. Four independent contractors also contribute to operations. The current owners are keen to remain post-acquisition, and the existing staff are expected to transition smoothly, ensuring continuity of care. The business operates from two office locations.