Banyan Treatment Center
Banyan Treatment Center is a multi-state behavioral health platform operating 19 facilities across 9 states, delivering a full continuum of addiction and mental health treatment — from medical detox through outpatient and telehealth — to individuals and families, with in-network coverage across 100+ insurance plans.
- Company typePrivate
- Founded2013
- HeadquartersPompano Beach, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Banyan Treatment Center does
Banyan Treatment Center is a Pompano Beach, Florida-headquartered, for-profit behavioral health platform operating 19 facilities across 9 states. The company delivers a full continuum of addiction and mental health treatment services spanning medical detox, residential care, partial hospitalization (PHP), intensive outpatient (IOP), standard outpatient, telehealth, and medication-assisted treatment (MAT). Banyan treats individual patients and their families and has served more than 102,000 patients cumulatively, operating in-network with 100+ insurance plans and holding accreditations from the Joint Commission, SAMHSA, NAATP, and LegitScript.
Banyan's business model is a multi-site fee-for-service clinical delivery model. Revenue is generated through insurance reimbursement and patient self-pay across the acuity ladder, with the residential and PHP tiers representing the highest revenue per patient and the outpatient, IOP, and telehealth tiers providing lower-acuity volume and alumni reactivation. The company pursues a multi-brand platform strategy, with subsidiaries including Clearbrook Treatment Centers and Behavioral Health of the Palm Beaches (acquired June 2018), and has invested in AI-supported clinical tools including Banyan Companion (with HoloMD) and Kipu Intelligence for documentation. Clinical leadership is anchored by CEO John Sory and CMO Dr. Darrin Mangiacarne.
Growth is supported by a TPG Rise Fund growth-equity investment (June 2023) and an active facility-expansion and M&A pipeline, evidenced by the March 2026 Tampa opening. Headcount of 1,001-5,000 employees reflects operating scale across the network, with the company positioning as a multi-state, full-continuum behavioral health platform rather than a single-site operator.
Banyan Treatment Center firmographics
Firmographics- Name
- Banyan Treatment Center
- Legal name
- Banyan Treatment Center
- Website
- https://banyantreatmentcenter.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Banyan Treatment Center is a multi-state behavioral health platform operating 19 facilities across 9 states, delivering a full continuum of addiction and mental health treatment — from medical detox through outpatient and telehealth — to individuals and families, with in-network coverage across 100+ insurance plans.
- Ownership category
- akta.pro rank
Banyan Treatment Center industry classification
Industry- Product category
- Addiction Treatment Services
- NAICS
- Residential Mental Health and Substance Abuse Facilities (623220), Outpatient Mental Health and Substance Abuse Centers (621420), Residential Mental Health and Substance Abuse Facilities (62322)
- SIC
- Services-Nursing & Personal Care Facilities (8050), Services-Specialty Outpatient Facilities, Nec (8093)
- akta.pro primary industry
- Residential Substance Use Rehabilitation (Inpatient Rehab) (HLAFACAE)
- akta.pro secondary industries
- Substance Use Detoxification Centers (Medical Detox) (HLAFACAD), Outpatient Substance Use Treatment Programs (IOP/PHP/OP) (HLAFACAF), Residential Mental Health Treatment Centers (HLAFACAC)
Keywords
Where Banyan Treatment Center is headquartered
LocationHeadquarters
- HQ city
- Pompano Beach
- HQ country
- United States
- HQ region
- North America
Offices17 records
Markets served
Banyan Treatment Center business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Healthcare Services Revenue: Banyan generates the majority of revenue through billable healthcare services across its facility network. Services include medical detox, residential treatment, partial hospitalization (PHP), intensive outpatient (IOP), outpatient, and telehealth programs. Revenue is collected through insurance reimbursement from in-network and out-of-network payers, as well as potential self-pay arrangements. The company accepts over 100 insurance plans and is in-network with major providers including Aetna, Cigna, Blue Cross Blue Shield, UnitedHealthcare, Optum, Oscar, Humana, and TriCare.
- Telehealth/Virtual IOP Services: Virtual intensive outpatient programs delivered via telehealth generate revenue through the same insurance reimbursement model as in-person services. Telehealth IOP is covered by most major insurance plans and Medicaid, with sessions delivered through secure HIPAA-compliant video platforms.
- EAP and Union Benefit Contracts: Banyan works directly with Employee Assistance Programs (EAPs) and union benefits administrators to provide covered, confidential addiction and mental health treatment for members and their families, indicating a B2B revenue stream from institutional payers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Medical Detox |
| Subscription | Monthly | Residential Treatment |
| Subscription | Monthly | Partial Hospitalization Program (PHP) |
| Subscription | Monthly | Intensive Outpatient Program (IOP) |
| Subscription | Monthly | Virtual IOP (Telehealth) |
| Subscription | Monthly | Outpatient |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
Banyan Treatment Center product offering
Product offeringCore offering
Banyan Treatment Center provides substance use disorder and mental health treatment services across multiple levels of care, including medical detoxification, residential inpatient treatment, partial hospitalization (PHP), intensive outpatient (IOP), outpatient care, and dedicated telehealth programs. The organization operates 19 facilities across 9 states and serves individuals with addiction and co-occurring mental health disorders through evidence-based clinical programs, specialized population tracks, and AI-supported post-discharge monitoring.
Product overview
Banyan Treatment Centers operates a multi-facility behavioral health treatment network offering a full continuum of care for substance use disorders and mental health conditions. The core product portfolio includes inpatient/residential treatment, partial hospitalization (PHP), intensive outpatient (IOP), outpatient, and telehealth/virtual IOP programs. Key product modules include specialized telehealth programs (Telehealth Mental Health, Telehealth SUD, HerSpace Women's IOP, HisSpace Men's IOP), the AI-powered Banyan Companion monitoring program for post-discharge support, and family therapy services. Treatment is delivered across 17+ facilities in nine states (Florida, Pennsylvania, Colorado, Illinois, California, Alaska, Texas, Delaware, Massachusetts) with technology integration through Kipu Health's EMR platform. The company emphasizes evidence-based therapies including CBT, DBT, EMDR, and medication-assisted treatment, with recent investment from TPG's The Rise Fund supporting national expansion.
Differentiator
Problem solved
Functional benefit
Brands
- Banyan Boca: Residential mental health treatment facility in Boca Raton, Florida serving Palm Beach County
- Banyan Gulf Breeze
- Banyan Pompano
- Banyan Sebring
- Banyan Stuart
- Banyan Tampa
- Banyan Texas
- Banyan Alaska
- Banyan Palm Springs
- Banyan Castle Rock
- Banyan Delaware
- Banyan Chicago
- Banyan Heartland
- Banyan Philadelphia
- Clearbrook Treatment Centers
- Behavioral Health of the Palm Beaches
- HerSpace
- HisSpace
- Banyan Telehealth
- Faith in Recovery
Products and services
- Medical Detoxification
Quantifiable outcome
- 42% reduction in documentation times after implementing Kipu Intelligence across 22 tracked studies, including 67% reduction for Biopsychosocial Assessments and 90% reduction for AMA/AD notes
- +5 more outcomes
Companies that use Banyan Treatment Center
Customer profileNamed customers17 records
Segments10 records
Ideal customer profiles2 records
Banyan Treatment Center technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature4 records
Banyan Treatment Center partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- HoloMDcoreBanyan Treatment Centers partnered with HoloMD to develop and pilot the Banyan Companion AI-supported monitoring program. The 90-day pilot at Banyan's Texas facility evaluated between-visit monitoring for post-discharge patients recovering from substance use disorder. Results showed 83% of enrolled clients remained active on the platform, 36% generated actionable clinical escalations, and 19 human-AI alerts required clinical staff review or intervention.
- Kipu Health (Conference Partnership)minorBanyan Treatment Centers was featured as a peer organization at Kipu Health's Elevate 2026 inaugural customer conference (April 22-24, Carlsbad, California). The conference is an executive forum for behavioral health leaders exploring AI-driven strategies, with Banyan sharing AI adoption strategies and operational best practices alongside other organizations including Community Medical Systems, Recovery Unplugged, Guardian Recovery, and Sanford Behavioral Health.
- Kipu HealthcoreBanyan Treatment Centers implemented Kipu Intelligence, an AI-powered documentation and clinical operations platform from Kipu Health. The implementation resulted in a 42% reduction in documentation times, 67% reduction for Biopsychosocial Assessments, and 90% reduction for AMA/AD notes, with note compliance improving from 93% to 100%. Banyan was named Kipu Health's 2025 Innovator of the Year. Banyan also participated in Kipu's Elevate 2026 customer conference as a featured peer organization sharing AI adoption strategies.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Banyan Treatment Center competitors and assessment
Company assessmentDirect peers
- Caron Treatment Centers: Caron runs residential and outpatient SUD treatment programs with specialized population tracks (adolescents, older adults, executives) and a national referral base. Closely comparable on full continuum delivery and population-specific programming.
- Pinnacle Treatment Centers: Pinnacle Treatment Centers operates a multi-state network of SUD treatment facilities spanning detox, residential, IOP, and outpatient with similar payer relationships. Comparable on multi-site SUD delivery model and regional roll-up approach.
- American Addiction Centers: American Addiction Centers operates a multi-state network of residential, detox, PHP, IOP, and outpatient SUD treatment facilities under similar insurance-billing economics. Closely comparable on footprint, level-of-care mix, and direct-to-consumer marketing model.
- Recovery Centers of America: Recovery Centers of America runs a multi-site inpatient and outpatient addiction treatment network on the East Coast and Mid-Atlantic, with a similar continuum-of-care model and payer-contracted approach. Directly comparable in facility-based SUD delivery and geographic roll-up strategy.
- Promises Behavioral Health: Promises operates residential and outpatient addiction and mental health treatment centers across multiple states with luxury-positioned facilities. Directly comparable on level-of-care mix and residential-focused SUD delivery.
- Hazelden Betty Ford Foundation: Hazelden Betty Ford is a nonprofit multi-site provider of residential and outpatient SUD and mental health treatment with national brand recognition. Comparable on full continuum of care, evidence-based therapies, and specialized population programming.
- BayMark Health Services: BayMark is the largest US provider of office-based opioid treatment and operates a network of SUD treatment facilities including detox, residential, and outpatient programs. Comparable on multi-state SUD delivery and insurance-reimbursed care model.
Broad incumbents
- Acadia Healthcare: Acadia is a publicly traded behavioral health operator running inpatient psychiatric facilities and residential treatment centers across the US. Comparable on residential mental health and SUD delivery at scale, with broader portfolio than Banyan.
- Universal Health Services (Behavioral Health Division): UHS operates one of the largest US behavioral health hospital and residential treatment networks as part of a broader acute-care and behavioral health portfolio. Comparable on inpatient psychiatric and residential SUD delivery, but operates at much larger scale across many more states.
Others
- Kipu Health: Kipu Health is Banyan's EMR and AI documentation vendor and the partner behind the Kipu Intelligence and Banyan Companion deployments. Included as an ecosystem enabler rather than a competitor — Kipu's product roadmap directly affects Banyan's clinical and operational tooling.
Market position
Strengths1 record
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Banyan Treatment Center social profiles
Digital presenceBanyan Treatment Center compliance and trust
Trust signalCompliance6 records
Banyan Treatment Center financial estimates
Financial estimateRevenue estimate
Valuation estimate
Banyan Treatment Center leadership team
Management profileNumber of profiles
Profiles11 records
Banyan Treatment Center subsidiaries and ownership
Company hierarchySubsidiaries3 records
Banyan Treatment Center funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Banyan Treatment Center M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Banyan Treatment Center
What does Banyan Treatment Center do?
Banyan Treatment Center provides substance use disorder and mental health treatment services across multiple levels of care, including medical detoxification, residential inpatient treatment, partial hospitalization (PHP), intensive outpatient (IOP), outpatient care, and dedicated telehealth programs. The organization operates 19 facilities across 9 states and serves individuals with addiction and co-occurring mental health disorders through evidence-based clinical programs, specialized population tracks, and AI-supported post-discharge monitoring.
Is Banyan Treatment Center a public or private company?
Banyan Treatment Center is a private company. It is classified as private equity controlled and is currently operating.
When was Banyan Treatment Center founded?
Banyan Treatment Center was founded in 2013. It employs 1,001 to 5,000 people.
Where is Banyan Treatment Center based?
Banyan Treatment Center is headquartered in Pompano Beach, United States, in the North America region.
How does Banyan Treatment Center make money?
Three revenue lines are on record. Healthcare Services Revenue is the primary driver. The others are telehealth/Virtual IOP Services and EAP and Union Benefit Contracts.
Who are Banyan Treatment Center's main competitors?
Direct peers on record are Caron Treatment Centers, Pinnacle Treatment Centers, American Addiction Centers, Recovery Centers of America, Promises Behavioral Health, Hazelden Betty Ford Foundation and BayMark Health Services. Broad incumbents are Acadia Healthcare and Universal Health Services (Behavioral Health Division). Kipu Health is listed as an others.
Does Banyan Treatment Center have an API?
No public API is recorded for Banyan Treatment Center.
What industry is Banyan Treatment Center in?
Banyan Treatment Center's product category is Addiction Treatment Services. Its primary akta.pro industry code is HLAFACAE, Residential Substance Use Rehabilitation (Inpatient Rehab), with a secondary code of HLAFACAD, Substance Use Detoxification Centers (Medical Detox). Its NAICS code is 623220 and its SIC code is 8050.