WellBridge Hospital Greater Dallas
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WellBridge Hospital Greater Dallas - overview
Established
2014
Location
Plano, TX, US
Primary Industry
Healthcare Specialists
About
WellBridge Hospital Greater Dallas is a behavioral health facility dedicated to providing comprehensive care for adults and seniors with mental health issues and substance use disorders, emphasizing individualized treatment and patient dignity. WellBridge Hospital Greater Dallas was founded in 2014 in Plano, US. The hospital specializes in behavioral health care, providing inpatient and outpatient services. The current CEO is Brian Gill.
In June 2020, WellBridge was acquired by Kindred Healthcare, LLC, marking a significant change in its operational structure. The acquisition was completed in July 2020, and the financial terms were not disclosed. WellBridge Fort Worth specializes in full-service behavioral health care, catering to adults and seniors with various mental health issues, substance use disorders, and co-occurring diagnoses. The hospital provides a range of treatment programs, including inpatient and outpatient services, designed to prioritize patient dignity and individualized care.
By focusing on holistic mind-body approaches, WellBridge aims to address the diverse needs of its patient base, which includes individuals seeking comprehensive mental health support as well as those requiring substance use treatment. WellBridge Fort Worth serves a geographical market that extends beyond the immediate local area, aiming to reach adults and seniors across Texas and potentially neighboring states through its innovative treatment options. The hospital also offers virtual tours of its facilities, enhancing accessibility for prospective patients and their families. The revenue model for WellBridge Fort Worth is primarily driven by patient admissions for inpatient and outpatient treatment programs.
Transactions typically occur through direct agreements with patients, where services rendered are compensated via insurance reimbursements or direct payments from clients. Given the nature of behavioral health services, well-structured pricing plans are established for various treatment programs, catering to both short-term and long-term care needs. These plans facilitate the financial exchange for services rendered, ensuring that clients receive the necessary care while maintaining transparency in billing. WellBridge Fort Worth's commitment to improving mental health outcomes positions it to establish partnerships with insurance providers, further solidifying its revenue streams while delivering essential health services to its clientele.
WellBridge Hospital Greater Dallas aims to broaden its service offerings with upcoming new treatment programs designed to enhance care for patients with complex needs. Plans are in place to expand into additional Texas markets and potentially neighboring states by 2023. The recent acquisition by Kindred Healthcare, completed in July 2020, is expected to support these growth initiatives, with a focus on enhancing operational capabilities and expanding the range of services offered to meet the growing demand for behavioral health care.
Current Investors
Kindred Healthcare, LLC
Primary Industry
Healthcare Specialists
Sub Industries
Hospitals, Clinics/Outpatient Services, Mental Health Services
Website
www.wellbridgedallas.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
WellBridge Hospital Greater Dallas - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | WellBridge Hospital Greater Dallas | - |
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