Discovery Practice Management, Inc.

Discovery Practice Management, Inc. focuses on providing specialized treatment programs for individuals facing eating disorders, supporting recovery through evidence-based therapies and comprehensive care solutions. Founded in 1997 and headquartered in Los Alamitos, California, Discovery Practice Management, Inc. operates under the brand Center for Discovery.

The company has engaged in three documented deals, with the most recent occurring on June 15, 2018. The firm received recapitalization from Webster Capital at this time; specific financial details were not disclosed. Center for Discovery specializes in comprehensive treatment programs tailored for individuals with eating disorders, such as anorexia nervosa, bulimia nervosa, and binge eating disorder. Their services include Residential Treatment Centers (RTC), Partial Hospitalization Programs (PHP), Intensive Outpatient Programs (IOP), and online treatment options.

Emphasizing personalized support and evidence-based methodologies, they offer ongoing post-treatment support through initiatives like Discovery for Life™ and Discovery365™. CFD serves a wide-ranging client base, including adolescents, adults, and LGBTQ+ individuals across various markets, including Northern and Southern California, Connecticut, Florida, Illinois, Kansas, Maryland, New Jersey, Oregon, Texas, Virginia, and Washington. Center for Discovery generates revenue through structured treatment programs, primarily covered by major health insurance plans, allowing direct transactions with clients and their families. The company operates on a B2C model, providing in-person and virtual treatment options, with fees structured according to the levels of care provided.

Client engagements begin with initial consultations, followed by tailored treatment plans that are adapted to individual needs. Additionally, ongoing support services, including proprietary applications, are integral to their offerings, ensuring patients remain connected to recovery resources after their primary treatment is completed. As of June 15, 2018, following the recapitalization by Webster Capital, Center for Discovery is poised to utilize recent funding to enhance its treatment offerings and expand market reach. Future strategies include launching new products and services specifically designed to optimize patient care, while also targeting expansion into new geographic regions to cater to a broader audience.

Specific details on upcoming launches and targeted markets for expansion are expected to be outlined as the company progresses.