THE ANGELS† February 15, 2022 /PRNewswire/ — Healthcare startup Lightfully Behavioral Health has acquired Resilience Treatment Center for Mental Health in West Los Angelessecuring two of the 13 mental health treatment centers it plans to open in California in the coming year. Backed by private equity firm Regal Healthcare Capital Partners in New York Citythe thousand oaks, CaliforniaThis company aims to improve access to primary mental health care by offering a new clinical care model that will deliver measurable results. The organization plans to hire approximately 195 California employees by the end of 2022.
Lightfully’s acquisition of the Resilience Treatment Center includes a six-bed residential treatment center with partial hospitalization and a 35-bed intensive outpatient program. Lightfully Behavioral Health will continue its operations and admit patients immediately.
In addition to purchasing the Resilience Treatment Center, Lightfully has three other residential treatment locations in Southern Californiaincluding those in Brentwood† Thousand Oaksand Carlsbad† Three additional residential treatment facilities are in escrow, along with two commercial properties that will house partial hospitalization and intensive outpatient programs.
Lightfully was founded by a healthcare veteran Jennifer Steiner and four other female industry experts with more than 70 years of combined experience starting and scaling mental health companies. Steiner was previously chief executive officer of a Thousand Oaksnational company providing care to patients with eating disorders.
“The concept of Lightfully grew out of a personal experience,” says Steiner. “I was helping family friends access mental health care for their daughter, and I was shocked that I couldn’t find an option that took their insurance and was immediately available,” she said. “Most mental health services focused on chemical dependence or eating disorders, not primary mental illness. In addition, outpatient therapists are struggling to meet the needs of the growing number of patients in need during the COVID pandemic. and I wanted to start a company to improve access to care and change the mental health paradigm in our country.”
“We are excited to have the opportunity to partner with Steiner and her team of proven executives whose passion for clinically outstanding mental health treatment, commitment to measurable results, and proven ability to grow businesses will position Lightfully Behavioral Health as a national leader in the mental health and health industry,” said David Kim, MD, MBA, Co-Founder and General Partner at Regal Healthcare Capital Partners. “Lightfully is a great addition to our portfolio, both clinically and strategically, and we expect great things from this collaboration.”
Los Angeles facilities and future California sites will each use a unique, integrated, process-based therapy model to help individuals whose depression, anxiety, personality disorder, PTSD, and other trauma-related disorders interfere with their daily lives. Southern California is a region that is currently out of options, as mental health options here focus more on addiction and eating disorders and not on the more common primary mental health problems such as anxiety, mood disorders, personality disorders, depression, and trauma.
“We use an integrated, process-based therapy model of evidence-based treatment targeting the underlying core processes common in mental disorders,” Steiner added. “Our clinicians receive thorough training and supervision to deliver compassionate, collaborative, and feedback-informed care to meet the specific needs of each client.”
Lightfully will provide a variety of treatment options to provide adequate access to the right kind of mental health care for the individual’s mental well-being – ranging from residential, partial hospitalization, intensive outpatient care and virtual care. Lightfully believes that accountability is critical and will focus on measurable indicators of outcomes to ensure each client continues to benefit from the treatment and care they receive. The company has network relationships with several major patient health insurers in the state California to ensure access to care for those in need.
With the increased national demand for mental health services, the industry is suffering from a lack of qualified therapists. Lightfully will address the supply shortage by offering a dynamic and inspiring work culture and industry-leading benefit packages for its clinicians and by delivering a robust and comprehensive clinical training curriculum for its clinical teams.
“Our intention is to be a magnet for highly sought-after clinicians by offering a truly unique culture and generous benefits package, including a flexible 4-day workweek. This is unheard of in today’s market and we strive to be exceptional.” trained clinicians grow with our comprehensive Equip training model,” says Steiner.
In addition to expansion projects in California, Lightfully Behavioral Health plans to move to other states, covering a total of 30 locations, as well as a virtual healthcare offering over the next five years. In Californiawill the company open centers in Carlsbad† The Angels† Thousand Oaksand Northern Californiaamong other things.
“We want to improve the public perception of mental health, where the importance and validity of mental health problems are considered and respected as much as physical health problems,” says Steiner. “I envision a time when there is no stigma or judgment about mental health and when mental health models are a fundamentally integrated part of the health care ecosystem.”
About mild behavioral health
Lightfully Behavioral Health is a leader in primary mental health services, providing high-quality, evidence-based programming with a full continuum of services to meet the needs of commercially insured clients. Our mission is to change lives, with compassion. We treat clients with a primary diagnosis of a mental disorder in the following diagnostic categories: mood disorders, anxiety disorders, trauma-related disorders and personality disorders. Lightfully is one of the first and only behavioral health organizations built around process-based therapy, a clearly defined framework that delivers more personalized and holistic care. Our seasoned, all-female executive team has more than 70 years of experience and a proven track record of success in the mental health field. For more information, visit lightfully.com or follow us on Twitter, Facebook, LinkedIn and Instagram.
Regal Healthcare Capital Partners (“Regal”) is a New York-based private equity group focused solely on lower mid-market healthcare companies. Regal wants to partner with healthcare entrepreneurs across the United States, with a focus on providing quality, accessible and convenient care for all patients. Regal seeks to invest in equities of $20 until $70 million at every opportunity, with target investments ranging in size from $20 until $100 million of income.
SOURCE Light Behavioral Health