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This well-established mental health center in Baltimore has been serving the community for 40 years. It boasts a strong reputation, evidenced by referrals from multiple generations of families and collaborations with renowned institutions like Sheppard Pratt Hospital and Johns Hopkins.
The company has a solid brand and has identified potential for expansion into Western Baltimore County, Catonsville, Howard County, and Ellicott City. Additionally, its expertise in Dialectical Behavioral Therapy (DBT) presents an opportunity to train more clinicians and expand the service to other suitable diagnostic areas. Virtual treatment capabilities further open doors for potential expansion into different states. The organization’s strengths lie in its excellent location, skilled staff, deep community roots, and strong brand recognition.
The company offers a comprehensive range of services, including:
The client base is in and around Towson, MD, with a growing number of clients across the state. Various insurances are accepted while competitive rates are charged compared to other non-hospital-based facilities. Approximately 80% of revenue is generated from insurance reimbursements.
The organization utilizes Google and social media platforms for marketing purposes. While five practitioners work fully remotely, approximately one-third of client care is delivered through Telehealth. A staff complement of 26 is employed for all operations.
The current owner wishes to continue practicing psychotherapy remotely while traveling.
