M&A Healthcare Advisors (“MAHA”) is pleased to present an outpatient mental health provider located in Oregon. The company was formed nearly 10 years ago and offers services to both children & adults with a variety of conditions such as trauma, attachment, grief, neurodiversity (ADD/ADHD, Autism), couple’s issues, and more. In 2023, roughly 52% of revenue came from Medicaid, 44% came from commercial insurance, with the remaining 2% consisting of private pay. They have a current patient census of 350+ and have 17 employees.
Financial Information
|
2021 |
2022 |
2023 |
TTM – Aug 24 |
|
|---|---|---|---|---|
|
Revenue |
1.1M |
1.8M |
1.8M |
1.8M |
|
Gross Profit |
0.5M |
0.8M |
0.6M |
0.6M |
|
Adj. EBITDA |
0.4M |
0.7M |
0.5M |
0.4M |
|
Adj. EBITDA Margin |
37% |
40% |
27% |
21% |
The decrease in EBITDA margin from 2021-2023, which has since stabilized at 20%+ in 2024 and on a go-forward basis, stems from higher employee costs. Our clients are open to remaining with the business through a transitionary period. All employees, including additional management, are expected to remain with the company post-acquisition.