Behavioral Health Business January 31, 2024
In recent years, substance use disorder (SUD) treatment programs have become shorter and outpatient treatment program options have become more popular.
Residential inpatient treatment programs, often more expensive than outpatient options, may be going out of vogue among payers and investors. Still, patients will always need an option for residential care, industry insiders told Addiction Treatment Business.
Tom Greer, partner at Fulcrum Equity Partners, says he considered investing in outpatient-only SUD treatment before deciding to invest in Jackson, Mississippi-based Defining Wellness Centers.
Atlanta-based Fulcrum invests in health care services and B2B tech companies seeking between $5 million and $30 million of equity.
“One of the things that appealed to us about Defining Wellness was it did have that entire service...