Perimeter Healthcare

What Perimeter Healthcare does

Perimeter Healthcare is a private behavioral healthcare holding company headquartered in Alpharetta, Georgia, operating 10 behavioral health facilities across six southern U.S. states — Arkansas, Missouri, Tennessee, Louisiana, Texas, and Alabama. The wholly-owned subsidiary network spans Perimeter Behavioral Hospital of West Memphis, Springfield, New Orleans (formerly Lake Pines Hospital), Missouri, Jackson, Ozarks, Dallas, Arlington, Forrest City, and Beacon Children's Hospital. The company delivers a continuum of psychiatric services including acute inpatient care, Psychiatric Residential Treatment Facility (PRTF) services, dual diagnosis treatment, specialized geriatric care, and an outpatient program for adults, with primary focus on children and adolescents ages 5-17.

Treatment is grounded in evidence-based therapeutic modalities — Trust-Based Relational Intervention (TBRI), Dialectical Behavior Therapy (DBT), Trauma-Focused CBT (TF-CBT), and Eye Movement Desensitization and Reprocessing (EMDR) — augmented by proprietary programs such as "The Journey Program / Mystical Minds and Where to Heal Them" at the Ozarks facility. Specialized tracks include the Neurodivergent Program, Sexual Rehabilitative Unit, Sexual Aggressive Youth program, Transitional Living/Bridge Program, and pet therapy. Most facilities hold PRTF state certification plus Joint Commission or CARF accreditation.

Revenue is generated primarily through per diem billing for inpatient and residential psychiatric services. Standard charges range from $1,850 to $2,500 per day for inpatient psychiatric care (with discounted cash at $750), and intensive outpatient at $175-$525 per day, with negotiated rates varying by payer (e.g., Medicaid managed care $700-$1,812/day; Aetna Commercial $975-$1,065/day; Medicare Part A $885.30/day). The company is in-network with Blue Cross Blue Shield, Aetna, United Healthcare, Cigna, Tricare, Humana, and various Medicaid managed care plans. Patients enter the network through 24/7 phone-based confidential assessments, mobile assessment platforms, tele-assessments, fax/online referrals, and direct facility admissions. Leadership comprises James R. Laughlin as President and CEO and Jason D. Bailey as Chief Development Officer; revenue, funding, and ownership figures are not publicly disclosed.

Name

Perimeter Healthcare

Legal name

Perimeter Healthcare

Website

https://perimeterhealthcare.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

Perimeter Healthcare is a private behavioral healthcare holding company operating 10 psychiatric facilities across six southern U.S. states, delivering inpatient, residential, and outpatient treatment for children, adolescents, adults, and geriatric populations through evidence-based and proprietary therapeutic programs.

Ownership category

akta.pro rank

Product category

Behavioral Healthcare Services

NAICS

Psychiatric and Substance Abuse Hospitals (62221), Residential Mental Health and Substance Abuse Facilities (623220), Outpatient Mental Health and Substance Abuse Centers (621420)

SIC

Services-Hospitals (8060)

akta.pro primary industry

Inpatient Psychiatric Hospitals & Units (HLAFACAB)

Keywords

• Behavioral healthcare services
• Psychiatric inpatient treatment
• Residential treatment facility
• Mental health services
• Trauma-informed care

Headquarters

HQ city

Alpharetta

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Inpatient Psychiatric Care Services: Per diem billing for inpatient psychiatric room and board services for child/adolescent and adult/geriatric patients. Revenue is generated through contracts with insurance payers including commercial insurance, Medicaid, Medicare, and military plans. Rates vary by payer and facility location.
2. Outpatient Services: Comprehensive Outpatient Program for Adults offering intensive therapeutic assistance, operating Monday through Friday from 8 a.m. to 4:30 p.m. Billing appears to be per diem or per service basis.
3. Residential Treatment Services: Psychiatric Residential Treatment Facility (PRTF) services with per diem rates. Facilities are PRTF certified and licensed by state departments, accredited by The Joint Commission or CARF.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Perimeter Healthcare operates a network of 10 behavioral health facilities across the southern United States (Arkansas, Missouri, Tennessee, Louisiana, Texas, and Alabama), delivering acute inpatient psychiatric care, residential treatment programs, and outpatient services for children, adolescents, adults, and geriatric populations. The company provides evidence-based therapeutic care through specialized programs including trauma treatment, dual diagnosis treatment, neurodivergent care, and sexual rehabilitation, with services reimbursed primarily via per diem billing to commercial insurance, Medicaid, Medicare, and military plans.

Product overview

Perimeter Healthcare operates as a behavioral healthcare system with 10 facilities across multiple states (Arkansas, Missouri, Tennessee, Louisiana, Texas, Alabama) providing a continuum of psychiatric care services. The portfolio includes child & adolescent acute inpatient programs, residential treatment facilities (PRTF-certified), adult inpatient psychiatric care, dual diagnosis treatment for co-occurring disorders, and specialized geriatric psychiatric services. Key products include the Neurodivergent Program for sensory-friendly youth care, Sexual Rehabilitative Unit (SRU) for Forrest City, Sexual Aggressive Youth Program (SAY), and Transitional Living/Bridge Program for step-down care. Therapeutic approaches include TBRI (Trust-Based Relational Intervention), TF-CBT (Trauma-Focused CBT), DBT (Dialectical Behavior Therapy), and EMDR. Additional services include pet therapy, mobile/tele-assessments, comprehensive outpatient programs, and recreational therapy. Each facility operates with Joint Commission or CARF accreditation and accepts major insurance plans.

Differentiator

Problem solved

Functional benefit

Brands

• Neurodivergent Program: Specialized, sensory-friendly care for neurodivergent youth ages 6-17, available at West Memphis, Missouri, and Springfield locations.

Products and services

• Child & Adolescent Residential Treatment Residential programs providing children and teens ages 5-17 the time, space, and support to recover in a comfortable, structured environment with age-appropriate socialization, individual and group therapy sessions, safe living areas, and campus activities. Licensed in each state as PRTF (Psychiatric Residential Treatment Facility).
• Child & Adolescent Acute Inpatient Care 24/7 intensive psychiatric care for ages 6-17 experiencing severe psychiatric symptoms, providing safe structured routine, evidence-based treatment tailored to individual needs, and collaborative care planning with families and outpatient providers.
• Adult Acute Inpatient & Dual Diagnosis Treatment Round-the-clock psychiatric care for adults in need of intensive treatment, with integrated dual diagnosis programs addressing co-occurring mental health and substance use disorders. Includes individualized treatment plans coordinated with families and providers in a therapeutic environment focused on healing and stability.
• Older Adult & Geriatric Psychiatric Care Specialized psychiatric care for adults 50 and older addressing the complex mix of medical and psychiatric needs common in later life, including evaluation and treatment for depression, dementia, Alzheimer's, anxiety, and psychosis, with full assessments of physical and mental health and care plans developed with patients and families.
• Neurodivergent Program Specialized, sensory-friendly care for neurodivergent youth ages 6-17, available at West Memphis, Missouri, and Springfield locations. Program designed to meet the unique needs of neurodivergent youth in a structured therapeutic environment.
• Comprehensive Outpatient Program for Adults Intensive therapeutic assistance for adults operating Monday through Friday from 8 a.m. to 4:30 p.m., offering outpatient psychiatric services for adults in need of structured but non-residential care.
• Sexual Rehabilitative Unit (SRU) Specialized unit at Forrest City treating adolescents who have sexually abused others, are at risk to abuse, or have displayed sexually maladaptive behavior. Average length of stay 9-12 months. Provides specialized behavioral rehabilitation in a structured residential environment.
• Sexual Aggressive Youth Program (SAY) Program for male adolescents ages 13-18 based on Relapse Prevention Model, addressing multi-faceted sexuality and sexual identity development. Located at the Missouri residential facility.
• Transitional Living Program / Bridge Program Program transitioning residents from high-level residential care to a community-oriented setting using a residential staffing model with guidance and support, providing step-down care for patients moving toward community reintegration.
• Respiratory Treatment Unit (RTU) Program at West Memphis bridging patients from acute care to residential treatment for smooth continuum of care. Supports patients transitioning between levels of care intensity.
• Mobile Assessment Platform Face-to-face community assessments performed by licensed counselors at safe locations for level of care assessment and treatment recommendations. Available at West Memphis and Dallas locations.
• Tele-Assessment Video conference assessments through secured platform for patients and families who cannot travel to facility. Available at Arlington location for remote level of care evaluations.

Quantifiable outcome

• High patient satisfaction based on testimonial reviews citing compassionate care, effective treatment outcomes, and family communication

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• The Jason FoundationminorStrategic or Co-development PartnerJackson and Beacon locations are proud partners of The Jason Foundation (JFI), a non-profit 501c3 dedicated to prevention of youth suicide through educational and awareness programs. JFI provides educational curricula for students and informational seminars for teachers and parents to help identify and assist at-risk youth. Perimeter Healthcare supports JFI's Triangle of Prevention approach.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Acadia Healthcare: Acadia Healthcare is the largest pure-play operator of inpatient psychiatric facilities and residential treatment centers in the US, with a national footprint spanning acute psychiatric, residential treatment, and specialty behavioral programs. It is directly comparable to Perimeter in its inpatient psychiatric hospital and PRTF operations, but operates at vastly greater scale and is publicly listed.
• Universal Health Services: Universal Health Services operates one of the largest behavioral health divisions in the US through its Behavioral Health Care segment, encompassing acute inpatient psychiatric hospitals and residential facilities. Comparable to Perimeter as a multi-state behavioral health operator, with much larger scale and a publicly listed parent.
• Centene Corporation: Centene is the largest Medicaid managed care organization in the US and a major payer of behavioral health services, including PRTF and inpatient psychiatric care. It is comparable to Perimeter as a counterpart in the Medicaid-funded behavioral health ecosystem and as a potential contracting partner or vertical integrator.

Direct peers

• Strategic Behavioral Health: Strategic Behavioral Health operates acute inpatient psychiatric hospitals and residential treatment programs across multiple US states, with similar focus on child/adolescent services. It is a close mid-market competitor to Perimeter in the multi-site behavioral health operator category.
• Sundance Behavioral Health: Sundance Behavioral Health operates inpatient psychiatric hospitals and residential treatment services with a similar focus on child/adolescent populations in Texas and the South-Central US. It is a direct competitor to Perimeter's Dallas, Arlington, and Forrest City facilities.
• Sequel Youth and Family Services: Sequel Youth and Family Services operates residential treatment programs, psychiatric services, and specialized programs (including juvenile justice and behavioral health) for youth and families across multiple states. It is a direct competitor to Perimeter's PRTF-certified youth residential services and specialized adolescent programs.

Emerging players

• LifeStance Health: LifeStance Health is a publicly traded outpatient mental health platform providing psychiatric and therapy services across dozens of US states. Comparable to Perimeter's outpatient services and adult psychiatric offerings, though LifeStance focuses on office-based outpatient rather than inpatient/residential care.
• Greenbrook TMS: Greenbrook TMS operates outpatient mental health treatment centers focused on transcranial magnetic stimulation therapy for depression and related conditions. Comparable to Perimeter's outpatient and adult psychiatric services from a behavioral health treatment delivery perspective, though at smaller scale and different modality.
• BrightView Health: BrightView Health is a multi-state outpatient addiction and mental health treatment provider. It is comparable to Perimeter in the dual diagnosis and behavioral health treatment space, though focused on outpatient rather than inpatient/residential care.
• Ascend Behavioral Health: Ascend Behavioral Health operates residential treatment and outpatient programs for adolescents and adults with mental health and substance use disorders. Comparable to Perimeter's residential treatment and dual diagnosis programs from a service-line and patient-population perspective.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/PerimeterHealt1
• Facebookfacebook.com/perimeterhealthcare
• LinkedInlinkedin.com/company/perimeter-healthcare

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Perimeter Healthcare