Starlight Behavioral Health Services, Inc.

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Starlight Behavioral Health Services, Inc. - overview

Established

2006

Location

-, WV, US

Primary Industry

Healthcare Specialists

About

Starlight Behavioral Health Services, Inc. provides tailored support for individuals within the Title XIX Intellectual and Developmental Disabilities Waiver community, focusing on enhancing quality of life through personalized care and support services. Founded in 2006 in Huntington, US, Starlight Behavioral Health Services, Inc. specializes in providing comprehensive behavioral health services.


The company has undergone significant growth and operational refinement since its establishment. It has been acquired by ncgCare in August 2017, enhancing its service capabilities. The CEO of the company is Amy Ingles, who has been instrumental in driving its mission and operational strategies. Starlight Behavioral Health specializes in comprehensive services tailored to individuals within the Title XIX Intellectual and Developmental Disabilities (I/DD) Waiver community.


The organization’s core offerings include person-centered support services, nursing services, supported employment, and various residential services, which consist of the Orion Forensic Group Home, Phoenix Behaviorally Intensive Group Home, and Marshall House Medically Intensive Group Home. These services aim to meet the diverse needs of individuals requiring assistance, promoting their integration into society and enhancing their quality of life. Starlight serves a broad client base across multiple counties, including Cabell, Wayne, Lincoln, Mason, Putnam, Kanawha, and Jackson in West Virginia, ensuring that their programs are accessible to a wide range of individuals and families who rely on these essential services. Starlight Behavioral Health operates within a structured revenue model that primarily involves direct service provision to clients under the Title XIX I/DD Waiver program.


The organization processes numerous encounters with individuals and families throughout the year, aligning its financial transactions with the delivery of its specialized services. Given that the services are largely funded through state and federal programs, revenue generation occurs mainly through reimbursements for services rendered. While specific pricing plans for individual services are not disclosed, the organization's offerings are structured to maximize accessibility and inclusivity for those in need. This model ensures that Starlight can sustain its operations while providing high-quality care to its clients.


Following the acquisition by ncgCare in August 2017, Starlight Behavioral Health is focusing on expanding its service offerings and geographic reach. While specific new products have not been publicly detailed, the company is poised to leverage ncgCare's resources to enhance its programs. Starlight is considering expanding its services into additional counties in West Virginia to better serve individuals with I/DD needs, aiming to implement this strategy within the next few years. The funding and operational support from the ncgCare acquisition is expected to facilitate these growth initiatives.


Current Investors

Primary Industry

Healthcare Specialists

Sub Industries

Mental Health Services

Website

www.starlightbhs.com

Total Amount Raised

Subscriber access only

Starlight Behavioral Health Services, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedStarlight Behavioral Health Services, Inc.-

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