Wellfound Behavioral Health Hospital

What Wellfound Behavioral Health Hospital does

Wellfound Behavioral Health Hospital is a nonprofit, freestanding psychiatric hospital located on the MultiCare Allenmore Hospital campus in Tacoma, Washington, at 3402 South 19th Street. The organization was founded in 2019 as a joint venture between Virginia Mason Franciscan Health (part of CommonSpirit Health) and MultiCare Health System, two of Washington's longest-serving nonprofit health systems, to address a documented shortage of inpatient psychiatric beds in Pierce and South King counties. It opened a new state-of-the-art facility in 2020 that is uniquely mechanically restraint-free and equipped with ligature-risk-free materials.

The hospital delivers 24/7 inpatient mental health treatment and a Partial Hospitalization Program for medically stable adults aged 18 and older presenting with depression, suicidal ideation, mania, psychosis, anxiety, trauma, and related conditions. Clinical care is delivered by an interdisciplinary team (physicians, ARNPs, social workers, recreational therapists, care coordinators, mental health technicians) using evidence-based modalities including Cognitive Behavioral Therapy, with discharge and transition planning provided to step patients down to less intensive settings. Operational technology centers on the Epic electronic health record system for interoperability with regional providers, supported by a free interpreter services program covering 16 languages.

Revenue is generated through patient care services billed to insurance, with participation across major commercial payers (Cigna, Kaiser, Premera, Regence, United/Optum, Humana, Molina, First Choice, Coordinated Care) and government payers (Medicare Parts A and B, Medicaid, TriCare, and multiple Medicare Advantage plans). The organization holds The Joint Commission Gold Seal of Approval, offers a charity care program for patients who qualify under Federal Poverty Guidelines, and accepts philanthropic donations. Patient acquisition combines direct walk-ins, a 24/7 admissions phone line, and physician referrals.

Name

Wellfound Behavioral Health Hospital

Legal name

Wellfound Behavioral Health Hospital

Website

https://wellfound.org

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

101–250 employees

Short description

Wellfound Behavioral Health Hospital is a nonprofit, freestanding psychiatric hospital in Tacoma, Washington providing 24/7 inpatient mental health care and a partial hospitalization program for adults in the South Sound region.

Ownership category

akta.pro rank

Product category

Inpatient Psychiatric Care

NAICS

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

SIC

Services-General Medical & Surgical Hospitals, Nec (8062), Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Inpatient Psychiatric Hospitals (HLAFAHAH)

akta.pro secondary industry

Outpatient Mental Health Clinics & Counseling Centers (HLAFACAA)

Keywords

• Inpatient psychiatric care
• Behavioral health services
• Mental health treatment
• Psychiatric hospitalization
• Crisis stabilization

Headquarters

HQ city

Tacoma

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Patient Care Services: Wellfound generates revenue through providing inpatient mental health care services to patients. They accept most commercial insurance plans including Cigna Behavioral Health, Coordinated Care, First Choice, Humana, Kaiser, Molina, Premera, Regence, and United Healthcare/Optum. They also accept government plans including TriCare, Medicare Part A and B, Medicaid, and various Medicare Advantage plans. The hospital bills insurance companies directly and offers financial assistance programs for those who qualify.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Wellfound Behavioral Health Hospital delivers 24/7 inpatient psychiatric treatment for medically stable adults aged 18 and older experiencing mental health crises such as depression, suicidal thinking, mania, psychosis, anxiety, and trauma. The hospital complements inpatient care with a Partial Hospitalization Program (structured day treatment), Transition Services for discharge planning, free Language and Interpreter Services, and a Financial Assistance Program. All care is grounded in evidence-based modalities such as Cognitive Behavioral Therapy within a mechanically restraint-free, ligature risk-free facility.

Product overview

Wellfound Behavioral Health Hospital is a nonprofit mental health hospital providing a continuum of behavioral health services for adults in Tacoma, Washington. The core service offerings consist of Inpatient Mental Health Care (24/7 psychiatric hospitalization) and a Partial Hospitalization Program (structured day treatment), supported by Transition Services for discharge planning and community reintegration. The hospital also provides Language and Interpreter Services for non-English speakers and a Financial Assistance Program for uninsured or underinsured patients. All services emphasize whole-person centered care with evidence-based treatments including Cognitive Behavioral Therapy.

Differentiator

Problem solved

Functional benefit

Products and services

• Inpatient Mental Health Care 24/7 individualized, comprehensive inpatient psychiatric treatment in a safe, secure hospital environment for adults aged 18 and older experiencing mental health crises such as depression, suicidal thinking, mania, psychosis, anxiety, and trauma.
• Partial Hospitalization Program Structured day treatment program providing daily therapy sessions, medication management, and group programming while patients return home in the evenings, designed for adults stepping down from inpatient care or requiring intensive outpatient-level structure.
• Transition Services Discharge planning and transition support that helps patients prepare for movement to less-intensive care settings, including follow-up appointment arrangement and connection to community resources.
• Language and Interpreter Services Free interpreter services available in person, over the phone, and by video in more than 16 languages including English, Spanish, Chinese, Vietnamese, Korean, Russian, Tagalog, Ukrainian, Cambodian, Japanese, Amharic, Cushite, Arabic, Punjabi, German, and Laotian.
• Financial Assistance Program Charity care program and financial aid based on Federal Poverty Guidelines, available in multiple languages including English, Russian, Spanish, and Vietnamese, ensuring treatment regardless of ability to pay.

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Virginia Mason Franciscan HealthcoreStrategic or Co-development PartnerVirginia Mason Franciscan Health, one of Washington's longest-serving nonprofit health systems, jointly built and operates Wellfound Behavioral Health Hospital as a joint venture partner. Virginia Mason Franciscan Health is part of CommonSpirit Health. The joint venture was created to expand access to inpatient psychiatric care in the South Sound region.
• MultiCare Health SystemcoreStrategic or Co-development PartnerMultiCare Health System, Washington's largest nonprofit health system, jointly built and operates Wellfound Behavioral Health Hospital as a joint venture partner. MultiCare also operates the Allenmore Hospital campus where Wellfound is located. The joint venture was created to address the community care crisis and expand psychiatric care access.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Acadia Healthcare: Acadia operates one of the largest networks of freestanding psychiatric hospitals and behavioral health facilities in the U.S., directly comparable to Wellfound's freestanding inpatient psychiatric hospital model.
• Universal Health Services (UHS Behavioral Health): UHS runs a major behavioral health segment with inpatient psychiatric and residential treatment facilities nationally, offering the closest large-scale analog to Wellfound's service mix.
• Telecare Corporation: Telecare operates acute psychiatric hospitals and behavioral health programs, including partnerships with county and health-system operators — closely aligned with Wellfound's freestanding hospital model and JV structure.
• Devereux Advanced Behavioral Health: Operates inpatient and residential behavioral health programs across multiple states, with comparable clinical staffing models and acute psychiatric service offerings.

Regional players

• Smoky Point Behavioral Health Hospital: Another Washington-state freestanding psychiatric hospital, jointly run by partners including a major regional health system. Directly comparable in service scope and payer model, though serving the northern Puget Sound rather than the South Sound.
• Cedar Hills Hospital: A freestanding inpatient psychiatric and behavioral health hospital serving the Portland, Oregon metro — comparable service line and acute-care model in a neighboring Pacific Northwest market.

Broad incumbents

• HCA Healthcare (Behavioral Health): HCA is one of the largest U.S. hospital operators with significant inpatient psychiatric capacity across its facilities. Overlaps with Wellfound on inpatient psychiatric services but operates as a broad multi-state acute-care system.

Others

• MultiCare Health System: Wellfound's joint-venture parent and host-campus owner. Comparable as an integrated Washington-state nonprofit health system providing behavioral health services across inpatient and outpatient settings.
• CommonSpirit Health (Virginia Mason Franciscan Health): National nonprofit health system and the other JV parent of Wellfound via Virginia Mason Franciscan Health. Operates comparable behavioral health services across its hospital footprint and shares governance responsibility for Wellfound.

Emerging players

• Centria Healthcare: Provides behavioral health and ABA services across multiple states, overlapping with Wellfound on mental health service delivery but with a focus on community-based and outpatient models rather than freestanding inpatient hospitals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/WellfoundH

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Wellfound Behavioral Health Hospital