New England Center for Healthy Minds

What New England Center for Healthy Minds does

New England Center for Healthy Minds is a private, physician-led outpatient mental health clinic founded in 2010 and headquartered in Acton, Massachusetts. It operates three physical sites in Acton, Walpole, and East Falmouth, and runs a dedicated TMS-specialty sub-brand, CapeTMS, at the East Falmouth location. The practice serves children, adolescents, adults, and seniors across Massachusetts, with a clinical focus on treatment-resistant depression, OCD, anxiety, PTSD, and bipolar disorder.

The clinic's core product line combines FDA-approved advanced neuromodulation and pharmacotherapy with conventional psychiatric care. Specialized offerings include BrainsWay Deep TMS (FDA-cleared for major depressive disorder and OCD, using the patented H7-coil), MagVenture TMS (used at the CapeTMS site), Spravato (esketamine) nasal spray for treatment-resistant depression and acute suicidal ideation, and Ketamine Therapy for severe depression, PTSD, OCD, and related conditions. These are delivered alongside traditional psychotherapy (individual, family, couples) and evidence-based medication management led by board-certified psychiatric nurse practitioners and licensed therapists under Medical Director Dr. Madhavi Kamireddi. Supporting infrastructure includes a Doxy.me telemedicine platform, an online patient portal, and downloadable clinical resource guides.

The business operates on a fee-for-service, insurance-reimbursed model billed through Medicare and commercial payers, supplemented by private-pay arrangements for certain therapy services. Patient acquisition is driven by direct scheduling, physician referrals, and a website-led content and testimonials strategy, with no disclosed venture funding or external ownership. No revenue, headcount trend, or transaction history is disclosed in the source data.

Name

New England Center for Healthy Minds

Legal name

New England Center for Healthy Minds

Website

https://nementalhealth.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

New England Center for Healthy Minds is a private, physician-led outpatient mental health clinic operating three Massachusetts locations, offering FDA-cleared TMS (BrainsWay, MagVenture), Spravato, ketamine therapy, psychotherapy, and medication management for treatment-resistant mental health conditions across the lifespan.

Ownership category

akta.pro rank

Product category

Outpatient Mental Health 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)

SIC

Services-Specialty Outpatient Facilities, Nec (8093), Services-Health Services (8000)

akta.pro primary industry

Outpatient Mental Health Clinics & Counseling Centers (HLAFACAA)

akta.pro secondary industries

Psychiatry & Medication Management Platforms (HLALAEAB), General Mental Health Therapy Platforms (Talk Therapy) (HLALAEAA)

Keywords

• Outpatient mental health
• TMS therapy services
• Psychiatric medication management
• Ketamine treatment clinic
• Neuromodulation therapy

Headquarters

HQ city

Acton

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Outpatient Mental Health Services: The clinic generates revenue through outpatient mental health services including psychotherapy, medication management, and advanced treatments like TMS and Spravato. Services are billed through insurance with options for fee-for-service arrangements for therapists.
2. Psychotherapy Services: Individual, family, and couples psychotherapy provided by licensed therapists. The clinic offers both full-time positions and fee-for-service arrangements for therapists.
3. Advanced Treatment Services: Specialized treatments including TMS therapy, Spravato, and ketamine therapy. These FDA-approved treatments target treatment-resistant conditions and are typically covered by Medicare and private payers.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

New England Center for Healthy Minds is an outpatient mental health clinic delivering advanced neuromodulation therapies (BrainsWay Deep TMS, MagVenture TMS, Spravato/esketamine, ketamine), psychiatric medication management, and individual/family/couples psychotherapy to children, adolescents, and adults across three Massachusetts locations. The clinic's core revenue-generating services are FDA-cleared treatment-resistant depression and OCD interventions combined with traditional psychiatric care, reimbursed through Medicare and private insurance.

Product overview

New England Center for Healthy Minds is a mental health clinic offering a comprehensive suite of treatment services across three Massachusetts locations (Acton, Walpole, and East Falmouth). The core treatment offerings include SPRAVATO (esketamine) Treatment for treatment-resistant depression, BrainsWay Deep TMS and MagVenture TMS therapies for depression and OCD, Ketamine Therapy for various mental health conditions, Psychotherapy Services (individual, family, couples), and Medication Management and Evaluation. Additional services include TMS Group Therapy and downloadable Resource Guides for patient education. The clinic provides specialized care for patients of all ages, integrating advanced neuromodulation treatments with traditional psychotherapy and psychiatric medication management.

Differentiator

Problem solved

Functional benefit

Products and services

• Spravato (Esketamine) Treatment FDA-approved esketamine nasal spray treatment for treatment-resistant depression (TRD) and depressive symptoms in adults with major depressive disorder (MDD) experiencing acute suicidal ideation. Administered at certified treatment centers alongside oral antidepressant therapy.
• BrainsWay Deep TMS Therapy Transcranial Magnetic Stimulation therapy using BrainsWay Deep TMS technology with the patented H7-coil for treatment of major depressive disorder (MDD) and obsessive-compulsive disorder (OCD). Non-invasive brain stimulation using magnetic fields to reach deeper and broader brain regions; FDA-cleared for MDD and OCD.
• MagVenture TMS Therapy (CapeTMS) MagVenture magnetic stimulation solution providing repetitive, focused magnetic pulses to stimulate specific neurons in the brain for treatment of depression when antidepressants have failed. Non-invasive outpatient treatment offered at the East Falmouth CapeTMS location.
• Ketamine Therapy Ketamine treatment for severe depression, PTSD, bipolar disorder, anxiety, OCD, post-partum depression, and migraine headaches. Provided as an alternative for mental health conditions that have not responded to traditional therapies.
• Psychotherapy Services Individual, family, and couples psychotherapy provided by licensed therapists using cognitive-behavioral, person-centered, and expressive therapy approaches. Available for children, adolescents, adults, couples, and families across all three locations.
• Medication Management and Evaluation Psychiatric medication management and evaluation services for children, adolescents, and adults. Prescribers use evidence-based practices and collaborate with psychotherapists for integrated care.

Quantifiable outcome

• 51% remission rate and 75% response rate for depression with BrainsWay Deep TMS in real-life clinical settings
• +4 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and supporting.

• BrainsWaycoreTechnology or IntegrationBrainsWay provides Deep TMS technology with patented H7-coil for treating depression and OCD. The technology has been tested in over 60 clinical studies and FDA-cleared for both MDD and OCD. Over 15,000 patients have been treated with BrainsWay globally.
• MagVenturecoreTechnology or IntegrationMagVenture provides magnetic stimulation equipment using repetitive, brief and highly focused magnetic pulses for TMS therapy at the East Falmouth CapeTMS location. The non-invasive treatment is used for depression when antidepressants have failed.
• Doxy.mesupportingTechnology or IntegrationDoxy.me telemedicine platform enables virtual consultations between patients and providers including prescribers and therapists at scheduled appointment times.
• PayTheBillNow.comsupportingOthersThird-party billing service used for online payment of patient statements and billing inquiries.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Emerging players

• Brightside Health: Telehealth mental health platform focused on depression and anxiety treatment including medication and therapy, with some advanced-treatment offerings. Comparable to NECM's treatment-resistant depression positioning and use of measurement-based care.

Broad incumbents

• Cerebral: National telehealth mental health platform providing online therapy, psychiatry, and medication management for depression, anxiety, and related conditions. Comparable on the medication management and therapy services that anchor NECM's non-TMS revenue.
• Spring Health: Enterprise mental health benefit platform offering therapy, psychiatry, and digital tools via employer contracts. Comparable on the therapy and medication management front-end that feeds NECM's clinical funnel.
• Lyra Health: Enterprise mental health platform delivering therapy, coaching, and psychiatry to employer-sponsored populations. Comparable on the therapy and medication management services NECM provides, though with a B2B2C employer channel rather than direct-to-patient.

Direct peers

• Two Chairs: Outpatient therapy clinic chain offering in-person and virtual psychotherapy with matched-therapist model. Comparable to NECM's psychotherapy service line and clinic-based delivery approach, with similar premium positioning.
• Talkiatry: Psychiatry-focused practice group delivering in-network psychiatric evaluation and medication management across multiple states. Comparable to NECM's psychiatrist and PMHNP-led medication management offering, with a larger geographic footprint.
• Amen Clinics: Multi-location outpatient psychiatry clinics offering brain imaging diagnostics, medication management, and advanced treatment programs for depression, anxiety, and ADHD. Closely comparable premium outpatient mental health positioning and multi-site clinical delivery.
• Greenbrook TMS: Multi-site outpatient clinic chain specializing in Transcranial Magnetic Stimulation therapy for depression and OCD. Directly comparable to NECM's TMS-centric service line and multi-location clinical model, with overlapping FDA-cleared modality offerings.
• Octave: Multi-location outpatient mental health clinic group offering therapy, psychiatry, and couples/family services across several U.S. markets. Comparable clinic-based delivery model, payer contracting approach, and premium outpatient positioning.

Regional players

• Pasadena Recovery Center: Regional mental health and substance use treatment provider offering intensive outpatient and residential programs in California. Comparable to NECM as a multi-modality outpatient mental health provider, though geographically distinct.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/nectr4healthyminds
• LinkedInlinkedin.com/company/new-england-center-for-healthy-minds

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 New England Center for Healthy Minds