Behavioral Health Service Provider

Description

Behavioral health services business for sale in Louisiana.

The company operates an outpatient treatment facility licensed through the Louisiana Department of Health and serves children, adolescents, adults and seniors.

Programs and services

• Psychosocial rehabilitation
• Crisis intervention
• Community psychiatric support and treatment
• Other outpatient behavioral health services

The seller states that the company has also received approval to open an additional treatment center in the area. Buyers should confirm the current status of that approval and whether it remains valid after a change of ownership.

Staffing

• Two owners
• Thirteen 1099 contractors
• Two licensed Clinical Directors

The listing states that all current staff members are classified as independent contractors. Buyers should review contractor classification, credentialing and retention as part of the transaction.

The business reports that 100% of its current revenue comes from Medicaid.

The seller states that a new owner does not personally need a special professional license or clinical education under the current structure. Buyers should independently confirm Louisiana ownership requirements, behavioral health licensing, Clinical Director requirements and Medicaid change-of-ownership rules before closing.

Additional information is available to qualified buyers after completion of a confidentiality agreement.

Buyers should verify historical financials, Medicaid reimbursement, active patient count, payer enrollment, credentialing, contractor agreements, Clinical Director retention, facility licensing, compliance history, patient records, billing practices and the status of the proposed second treatment center during due diligence.