Open Minds Psychiatric and Mental Health Services

What Open Minds Psychiatric and Mental Health Services does

Open Minds Psychiatric and Mental Health Services is a private, independently owned outpatient mental health practice founded in 2022 by Sheri McRae, DNP, APRN, PMHNP-BC, after more than 30 years in healthcare. The practice is headquartered in Bristol, Tennessee, with its primary clinical office in Kingsport and a secondary location in Bristol, and is licensed to deliver care across both Tennessee and Virginia, including via telehealth. It serves individual patients — adults, adolescents, children, and geriatric populations — presenting with anxiety, depression, bipolar disorder, ADHD, trauma, OCD, eating disorders, mood disorders, and treatment-resistant depression, alongside obesity management and autism screening needs.

The practice operates an integrated care model that combines psychiatry and medication management, individual/group therapy (including a DBT Skills Group and TMS Support Group), and advanced interventional psychiatry — specifically NeuroStar TMS (transcranial magnetic stimulation, FDA-cleared, delivered as 19–37 minute sessions five days per week over 4–6 weeks) and Spravato (esketamine nasal spray, FDA-approved, administered under observation). Autism screening uses validated tools and standardized assessments. The technology stack is primarily clinical rather than proprietary: certified device-based therapies, a third-party telehealth platform, and a Kareo patient payment portal integrated with CareCredit financing.

Revenue is generated on a fee-for-service basis through major commercial insurance plans (BCBS, Cigna, Aetna, United Healthcare, Wellpoint, Tricare, Ambetter, Humana), Medicare, self-pay, and CareCredit financing, with insurance verification handled in-house prior to treatment. The firm employs approximately 7 staff and lists roughly 10 mental health providers across PMHNPs, FNPs, LCSWs, and counselors. Patient acquisition is sales-led via a contact form/intake process, supplemented by healthcare-provider referrals and SEO/content marketing on its website. No external funding, parent company, or institutional ownership is disclosed.

Name

Open Minds Psychiatric and Mental Health Services

Legal name

Open Minds Psychiatric and Mental Health Services

Website

https://openmindspsych.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Open Minds is a private, independently owned outpatient mental health practice in Bristol/Kingsport, Tennessee, licensed in Tennessee and Virginia, offering integrated psychiatry, therapy, NeuroStar TMS, Spravato, obesity management, autism screening, and telehealth to individual patients across the lifespan.

Ownership category

akta.pro rank

Product category

Outpatient Mental Health Services

NAICS

Offices of Physicians, Mental Health Specialists (621112), Offices of Mental Health Practitioners (except Physicians) (621330)

SIC

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

akta.pro primary industry

Psychiatry & Medication Management Platforms (HLALAEAB)

akta.pro secondary industries

Neurodevelopmental & Behavioral Therapy Platforms (ADHD/Autism/Behavioral Coaching) (HLALAEAJ), Cognitive Stimulation & Reminiscence Therapy (Non-Clinical) (HSABAEAH)

Keywords

• Psychiatric services
• Mental health therapy
• Treatment-resistant depression
• Transcranial magnetic stimulation
• Medication management

Headquarters

HQ city

Kingsport

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mental Health Clinical Services: Fee-for-service revenue from psychiatric evaluations, medication management, therapy sessions, TMS treatments, and Spravato administrations. Accepts most major insurance plans including BCBS, Cigna, Aetna, United Healthcare, Medicare, Wellpoint, Tricare, Ambetter, and Humana. Also offers self-pay options and CareCredit financing.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Open Minds is an integrated outpatient mental health practice that delivers psychiatric evaluations, medication management, and individual and group therapy alongside FDA-cleared NeuroStar TMS therapy and FDA-approved Spravato (esketamine) treatment for treatment-resistant depression, with additional offerings in obesity management and autism screening. Services are delivered by licensed providers across physical clinics in Kingsport and Bristol, Tennessee, and through a telehealth platform covering Tennessee and Virginia residents.

Product overview

Open Minds Psychiatric and Mental Health Services operates as an integrated mental health care practice offering a comprehensive suite of services centered around psychiatry, therapy, and innovative treatments. The core portfolio includes Psychiatry and Medication Management, Therapy and Counseling (individual, group, and telehealth), NeuroStar TMS Therapy for treatment-resistant depression, Spravato (Esketamine) nasal spray treatment, Obesity Management, and Autism Screening services. The practice also offers supplementary therapy groups including DBT Skills Group and TMS Support Group. All services are delivered by licensed providers across Tennessee and Virginia through integrated in-person and telehealth delivery models, with the practice emphasizing coordinated, whole-person care.

Differentiator

Problem solved

Functional benefit

Products and services

• Psychiatry & Medication Management Evidence-based psychiatric evaluation and medication support for emotional balance, including personalized evaluations and medication management for anxiety, depression, and mood disorders, with choice between in-person and telehealth sessions.
• Therapy & Counseling Personalized therapy sessions for individuals and families, including individual therapy for anxiety, depression, trauma, grief, and life transitions, plus group therapy and skills workshops, with telehealth therapy options.
• NeuroStar TMS Therapy Non-invasive, FDA-cleared transcranial magnetic stimulation treatment for treatment-resistant depression that uses targeted magnetic pulses to stimulate underactive brain regions involved in mood regulation. Sessions last 19-37 minutes and are administered five days a week for 4-6 weeks.
• Spravato (Esketamine) Treatment FDA-approved esketamine nasal spray treatment for adults with treatment-resistant depression, administered under supervision in clinic and targeting glutamate receptors to help rebuild neural connections affecting mood, energy, and motivation, with sessions lasting about 2 hours including observation.
• Obesity Management Mind-body approach to weight management combining medical guidance, behavioral therapy, nutrition counseling, and lifestyle coaching to help patients make sustainable changes addressing both physical and mental wellness.
• Autism Screening Evidence-based autism screening services for children and adults using validated screening tools, caregiver questionnaires, and standardized assessments to identify signs of autism and support needs.
• Telehealth Services Virtual mental health appointments delivered by licensed providers via secure video platform, enabling patients in Tennessee and Virginia to access therapy, psychiatry, and consultations remotely.

Quantifiable outcome

• Evidence-based treatments with science-backed approaches for depression, anxiety, and other mental health conditions

Named customers1 record

Segments4 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

Feature3 records

Partnerships

One partnership is on record.

• NeuroStarcoreTechnology or IntegrationCertified NeuroStar Better Me TMS provider offering transcranial magnetic stimulation therapy for treatment-resistant depression. Open Minds is trained and certified to deliver NeuroStar TMS treatments in their Kingsport office location.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Spring Health: Enterprise mental health platform providing therapy, psychiatry, and care navigation to employer populations with focus on measurable outcomes. Comparable because Spring Health delivers the same outpatient psychiatric and therapy services that Open Minds provides, though at much larger scale via employer-sponsored channels and with significant venture funding.
• Lyra Health: Enterprise-focused mental health benefits platform providing therapy, psychiatry, and coaching to employees of large employers. Comparable because Lyra addresses the same anxiety, depression, and behavioral health conditions as Open Minds through in-person and virtual care, though Lyra operates at national scale with employer contracts as its primary channel.

Direct peers

• Talkiatry: National telepsychiatry practice employing psychiatrists and PMHNPs to deliver in-network psychiatric care via telehealth and select in-person locations. Comparable because Talkiatry competes for the same PMHNP-led psychiatry and medication management patients, accepts major insurance plans, and operates a hybrid delivery model similar to Open Minds.
• Two Chairs: Modern outpatient therapy practice combining in-person clinics with virtual therapy, focused on quality of care and matching patients with specialized therapists. Comparable because Two Chairs operates hybrid in-person plus telehealth therapy practices with insurance acceptance and differentiated care delivery, mirroring Open Minds' integrated model.
• Greenbrook TMS NeuroHealth Centers: Multi-site provider of transcranial magnetic stimulation (TMS) therapy for treatment-resistant depression, operating clinics across the US and Canada. Comparable because Greenbrook offers the same NeuroStar TMS modality for treatment-resistant depression that Open Minds is certified to deliver, competing directly for the same specialty TMS patient population and reimbursement.
• Geode Health: Outpatient mental health provider operating psychiatry and therapy clinics in multiple states with focus on integrated, in-network care. Comparable because Geode operates as a multi-site psychiatric/therapy practice with in-person locations and telepsychiatry, competing in similar regional markets and offering a comparable scope of services including medication management and therapy.
• Mindpath Health: Multi-state psychiatric and mental health practice group offering outpatient psychiatry, therapy, and TMS across the western and southern US. Comparable because both operate as multi-site outpatient psychiatric practices with in-person + telehealth delivery, integrated care models, and focus on treatment-resistant depression modalities.
• Octave: Outpatient mental health practice group offering therapy, psychiatry, and couples counseling in select metro markets via in-person and virtual delivery. Comparable because Octave operates a hybrid in-person/telehealth practice model with similar insurance acceptance and clinical service mix, competing for the same regional adult mental health patient segment.
• Headway: Network-enabled platform that helps mental health providers launch and operate in-network practices with insurance credentialing, billing, and marketing support. Comparable because Headway directly competes for the same therapist and prescriber talent pool, enables similar insurance-based practice operations, and targets the same regional mid-market mental health patient demand.

Emerging players

• PsychPlus: Telepsychiatry and psychiatric care platform delivering medication management, therapy, and behavioral health services across multiple states with focus on underserved populations. Comparable because PsychPlus targets the same patient population for psychiatric care and medication management with insurance-based, tech-enabled delivery, and competes in overlapping regional markets for PMHNP talent and patient demand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/open-minds-psychiatric-and-mental-health-services

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Open Minds Psychiatric and Mental Health Services