What Behavioral Health Solutions does

Behavioral Health Solutions (BHS), founded in 2017 and headquartered in Henderson, Nevada, is a physician-led behavioral health provider focused on post-acute and senior living care. The company delivers integrated psychiatric services, medication management, therapy, and non-pharmacological interventions to 350+ skilled nursing facilities and senior living communities across 10 U.S. states, operating through eight wholly-owned regional subsidiaries (e.g., Corner Canyon Counseling, Colorado Counseling, VirtuHealth, Oregon Behavioral Health Solutions). It also runs a direct-to-consumer outpatient practice offering same-day therapy, psychiatry, and substance abuse treatment via telehealth and in-person channels. The underlying technology stack combines a telepsychiatry platform with on-site clinical deployment, AthenaHealth patient portal integration, and Health Information Exchange (HIE) participation for clinical data sharing.

BHS monetizes through three primary streams: (1) managed facility contracts with skilled nursing and senior living operators (multi-year, custom-priced enterprise agreements); (2) state Medicaid reimbursement programs (e.g., Kansas SB125 at $3.8M annual funding, Utah's enhanced two-tiered payment model launching 2026, Nevada BCCP, Washington EBS); and (3) insurance-billed outpatient services. Distribution is field-sales led for facility acquisition and relationship-based with state Medicaid agencies and associations such as AHCA; outpatient services rely on direct phone/online scheduling plus referral partnerships with IOPs and emergency rooms. Customer outcomes reported from the Nevada Impact Study (Nov 2022–Oct 2023) include $3M in healthcare system savings, a 72% reduction in ER visits, and a 24% reduction in discharge rate, positioning BHS as an outcomes-validated partner for long-term care.

The company is backed by Levitate Ridge Capital (lead PE investor, with LeGrand Lewis as Board Chairman) and Yukon Partners (mezzanine), with a board that includes senior healthcare operators such as Christopher Christensen (co-founder of The Ensign Group, NASDAQ:ENSG). BHS combines a roll-up acquisition strategy (regional counseling practices absorbed as subsidiaries) with state-level legislative advocacy to expand Medicaid-funded behavioral health access in long-term care.

Name

Behavioral Health Solutions

Legal name

Behavioral Health Solutions

Website

https://bhs.health

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Behavioral Health Solutions is a physician-led behavioral health provider delivering psychiatric, therapy, and medication management services to 350+ skilled nursing facilities and senior living communities across 10 U.S. states, plus a direct outpatient practice, with revenue tied to facility contracts and state Medicaid reimbursement programs.

Ownership category

akta.pro rank

Product category

Behavioral Healthcare Services

NAICS

Outpatient Mental Health and Substance Abuse Centers (621420), Offices of Physicians, Mental Health Specialists (621112), Offices of Mental Health Practitioners (except Physicians) (621330), Other Ambulatory Health Care Services (6219)

SIC

Services-Specialty Outpatient Facilities, Nec (8093), Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Home Health Care Services (8082)

akta.pro primary industry

Community Mental Health Centers (CMHCs) & Public Behavioral Health Providers (HLAFACAI)

akta.pro secondary industries

Behavioral Health Care Management & Case Management (HLAEAHAE), Behavioral Health for Children & Adolescents (Youth Services) (HLAFACAL), Behavioral Health Skilled Home Health (Psychiatric Nursing) (HSABACAM)

Keywords

• Behavioral health services
• Post-acute psychiatric care
• Telepsychiatry services
• Skilled nursing mental health
• Medicaid behavioral programs

Headquarters

HQ city

Henderson

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Facility-Based Behavioral Health Services: BHS provides psychiatric services, therapy, medication management, and non-pharmacological interventions to skilled nursing facilities. Services are billed to Medicaid and other payers through state-specific programs, with facilities receiving enhanced reimbursement for behavioral health program participation.
2. State Medicaid Program Reimbursement: Revenue generated through state-funded behavioral health add-on payments and Medicaid reimbursement programs. Examples include Kansas SB125 ($3.8M annual funding) and Utah's enhanced two-tiered payment model.
3. Outpatient Mental Health Services: Individual outpatient services including psychotherapy, psychiatry, and substance abuse treatment. Services are billed to insurance, accepting most major insurance plans. Includes same-day availability for therapy and psychiatry appointments.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Behavioral Health Solutions (BHS) delivers psychiatric, therapy, medication management, and non-pharmacological behavioral health services to skilled nursing facilities, senior living communities, and individual outpatients across 10 states. The company combines on-site clinical teams and telehealth with state-specific Medicaid program design, survey compliance support, and legislative policy advocacy. Its portfolio spans Behavioral Health Programs, Clinical Services, Outpatient Services, and Legislative & Policy Engagement.

Product overview

Behavioral Health Solutions (BHS) offers a comprehensive suite of behavioral health services for post-acute care and senior living communities. The portfolio centers on three core service lines: Behavioral Health Programs (including state-specific programs like Nevada BCCP, Washington EBS, and Kansas Medicaid initiatives), Clinical Services (integrated psychiatric and non-pharmacological interventions), and Outpatient Services (telehealth and in-person therapy, psychiatry, and substance abuse treatment). The company also provides Legislative & Policy Engagement services and publishes The Care Advocate as an industry thought leadership resource. These offerings work together to deliver end-to-end behavioral health support spanning direct patient care, regulatory compliance alignment, and healthcare system cost reduction.

Differentiator

Problem solved

Functional benefit

Products and services

• Behavioral Health Programs Program design, implementation, and advocacy services that establish behavioral health programs in post-acute care and senior living facilities, aligned with state Medicaid requirements and survey expectations.
• Clinical Services Integrated psychiatric services combining on-site and telepsychiatry coverage with non-pharmacological interventions, delivered to facility residents to reduce antipsychotic use and meet survey expectations.
• Legislative & Policy Engagement Advocacy and policy engagement services partnering with lawmakers, Medicaid agencies, and associations to shape policy and secure sustainable funding for behavioral health in long-term care.
• Outpatient Services Outpatient behavioral health services including psychotherapy, psychiatry, and substance abuse treatment delivered in-person or via telehealth, with same-day availability, bilingual providers, and acceptance of most major insurance plans.
• Nevada Behaviorally Complex Care Program (BCCP) State-specific Nevada program that reduces acute length of stay, unnecessary hospitalizations, and out-of-state transfers by providing specialized psychiatric care and enhanced facility reimbursement for skilled nursing facilities.
• Washington Enhanced Behavioral Supports (EBS) Washington state-specific program providing enhanced behavioral support services for nursing facility residents, enabling admission and stabilization of complex patients and reducing avoidable hospital stays.
• Kansas Medicaid Behavioral Health Add-On (SB125) Kansas Medicaid behavioral health reimbursement initiative for nursing facilities, securing $3.8M in annual behavioral health funding through SB125.
• Utah Enhanced Medicaid Program Utah Medicaid behavioral health program with an enhanced two-tiered payment model launching in 2026, replacing the previous $7.52 add-on payment structure.
• Arizona Memory Care Training ADHS-approved Memory Care Training program developed in partnership with Bryan University and AHCA to educate dementia care professionals in Arizona.

Quantifiable outcome

• 72% reduction in ER visits (Nevada Impact Study, Nov 2022 - Oct 2023)
• +5 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Bryan UniversitycoreStrategic or Co-development PartnerPartnership with Bryan University for ADHS-approved Memory Care Training in Arizona. Combined academic and practical training program for dementia care professionals.
• AHCA (American Health Care Association)coreStrategic or Co-development PartnerPartnership with AHCA for Memory Care Training program in Arizona. ADHS-approved training developed in collaboration with Bryan University and AHCA.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Quartet Health: Quartet Health provides technology-enabled behavioral health integration and referral management, addressing similar care coordination and access pain points in clinical settings as BHS does within SNFs.
• Iris Telehealth: Iris Telehealth provides telepsychiatry and behavioral health services to skilled nursing facilities, assisted living communities, and behavioral health centers, directly overlapping BHS's core SNF/senior living delivery model.
• innovaTel Telepsychiatry: innovaTel is a telepsychiatry provider focused on skilled nursing facilities and federally qualified health centers, making it a direct competitor in delivering psychiatric services to SNF residents.

Broad incumbents

• The Ensign Group: Ensign Group is a publicly-traded operator of skilled nursing and post-acute facilities (ENSG); it has been linked to BHS through co-founder/board member Christopher Christensen and operates in the same customer base that BHS serves.
• Acadia Healthcare: Acadia Healthcare operates a national network of behavioral health facilities including psychiatric hospitals and residential treatment centers, addressing the same patient population as BHS but at higher acuity and scale.
• Amedisys: Amedisys is a large home health and hospice provider serving post-acute populations; BHS board member Jim Robinson previously served as CDO at Amedisys, indicating comparable post-acute care exposure and customer base.
• Pennant Group: Pennant Group (PNTG) operates home health, hospice, and senior living services, sharing founder connections with BHS's board and serving overlapping post-acute care populations and facilities.

Emerging players

• Talkiatry: Talkiatry is an in-network outpatient psychiatry group offering in-person and telehealth services, comparable to BHS's physician-led outpatient psychiatry practice.
• Brightside Health: Brightside Health provides telehealth psychiatry and therapy for anxiety, depression, and related conditions, comparable to BHS's outpatient service line that delivers psychotherapy, psychiatry, and substance abuse treatment via telehealth and in-person.
• Concert Health: Concert Health offers collaborative care behavioral health services to primary care and specialty practices; it shares BHS's integrated, payer-aligned approach to embedding behavioral health within care settings.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/bhstelehealth
• Facebookfacebook.com/bhstelehealth

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Behavioral Health Solutions