Carolina Psychiatry

What Carolina Psychiatry does

Carolina Psychiatry, operating as Taral Sharma MD PC, is a privately held outpatient psychiatric practice founded in 2019 and headquartered in Anderson, South Carolina. The practice operates five clinical locations across the Upstate South Carolina region (Anderson-Adult, Anderson-Child, Greenville, Seneca, and Spartanburg), supplemented by a statewide HIPAA-compliant telepsychiatry platform. Its service portfolio combines standard psychiatric care (medication management, individual and group therapy) with an unusually deep suite of advanced modalities for treatment-resistant depression and other complex conditions, including Transcranial Magnetic Stimulation (TMS), Spravato (esketamine), neurofeedback, EMDR, craniosacral therapy, neuropsychological testing (ADHD and autism evaluations), GeneSight pharmacogenomic testing, and on-site laboratory services. The Anderson-Child location is the only dedicated outpatient pediatric psychiatry clinic in Anderson, SC, providing a structural advantage in the child and adolescent segment.

The practice is led by Dr. Taral Sharma (MD, MBA), board-certified in Psychiatry and Addiction Medicine with over 20 years of clinical experience, alongside Medical Director Dr. Mckenzie, a board-certified adult psychiatrist. Revenue is generated through a mix of insurance reimbursement (most major commercial plans, Medicare, and Medicaid) and self-pay ($250 initial visits, $110 follow-ups), with a $100 no-show fee. The practice has earned a 4.9/5 patient rating and is positioned as the highest-rated outpatient psychiatry practice in Upstate South Carolina. In March 2026, Carolina Psychiatry was acquired by Beacon Behavioral Partners, a Baton Rouge-based behavioral health platform, expanding the combined organization's footprint to nine states. The practice serves a distributed patient base of adults, adolescents, and children across South Carolina with no named enterprise or institutional customers.

Name

Carolina Psychiatry

Legal name

Taral Sharma, M.D., P.C.

Website

https://carolinapsychiatry.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Carolina Psychiatry is an outpatient psychiatric practice operating five clinics across Upstate South Carolina, providing medication management, therapy, TMS, Spravato, neurofeedback, and pediatric psychiatry to adults, adolescents, and children throughout the state via in-person and telepsychiatry channels.

Ownership category

akta.pro rank

Product category

Outpatient Psychiatric Services

NAICS

Outpatient Mental Health and Substance Abuse Centers (621420), Offices of Physicians, Mental Health Specialists (621112)

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), Behavioral Health for Children & Adolescents (Youth Services) (HLAFACAL)

Keywords

• Outpatient psychiatric services
• Mental health treatment
• Medication management
• Treatment-resistant depression
• Telepsychiatry services

Headquarters

HQ city

Anderson

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Psychiatric Office Visits: Revenue from in-person and telepsychiatry consultations including initial evaluations, follow-up appointments, and medication management. Billed to insurance or collected as self-pay. New patient adult intake appointments are 40 minutes; follow-up appointments are 20 minutes.
2. TMS (Transcranial Magnetic Stimulation) Treatments: Revenue from TMS therapy sessions for treatment-resistant depression. Each session approximately 20 minutes. Covered by most major insurance providers.
3. Spravato (Esketamine) Therapy: Revenue from esketamine nasal spray treatments administered in-clinic under medical supervision. Each session lasts about 2 hours. Treatment typically occurs twice weekly initially, then tapers as patients improve.
4. Insurance Reimbursement: Practice accepts most commercial insurances, Medicare, and Medicaid. Files claims on behalf of patients. Patients responsible for copayments, coinsurance, and any amounts not covered by insurance.
5. Self-Pay Payments: Self-pay rate of $250 for first appointment and $110 for follow-up appointments. Payment due prior to each appointment. Available for uninsured patients or those without coverage for psychiatric services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Carolina Psychiatry is an outpatient psychiatric practice that provides psychiatric evaluations, medication management, individual therapy, and advanced neuromodulation treatments including Transcranial Magnetic Stimulation (TMS), Spravato (esketamine) therapy, neurofeedback, EMDR, neuropsychological testing, and pharmacogenomic (GeneSight) testing. The practice operates five clinic locations across Upstate South Carolina and offers HIPAA-compliant telepsychiatry for residents throughout the state. Services target adults, adolescents, and children with depression, anxiety, bipolar disorder, PTSD, ADHD, OCD, insomnia, and treatment-resistant depression.

Product overview

Carolina Psychiatry is an outpatient mental health practice operating as Taral Sharma MD PC, offering a unified suite of psychiatric services across five locations in South Carolina (Anderson, Greenville, Seneca, and Spartanburg). The practice combines core services including medication management, therapy/counseling, and telepsychiatry with advanced treatments such as TMS (Transcranial Magnetic Stimulation) and Spravato (esketamine) for treatment-resistant depression. Additional offerings include neurofeedback, EMDR therapy, craniosacral therapy, neuropsychological testing for ADHD and autism, GeneSight genetic testing, and on-site lab services. The practice is led by Dr. Taral Sharma, board-certified in Psychiatry and Addiction Medicine, and serves adults, adolescents, and children.

Differentiator

Problem solved

Functional benefit

Products and services

• Medication Management Expert psychiatric evaluations and personalized prescription plans to ensure psychiatric medication effectiveness and minimize side effects, delivered by board-certified psychiatrists, nurse practitioners, and physician assistants.
• Therapy & Counseling Individual and group therapy sessions including EMDR for trauma and emotional distress, provided by licensed therapists as part of integrated psychiatric care.
• Transcranial Magnetic Stimulation (TMS) Non-invasive, FDA-approved brain stimulation treatment using targeted magnetic pulses to stimulate nerve cells in underactive mood-related brain areas for treatment-resistant depression; each session approximately 20 minutes, in-office with no downtime, covered by most major insurance.
• Spravato (Esketamine) Therapy FDA-approved esketamine nasal spray treatment for treatment-resistant depression, administered under clinical supervision, targeting NMDA receptors to reset mood and thought patterns with rapid-acting relief often within hours or days; sessions last about 2 hours.
• Neurofeedback (EEG Biofeedback) Non-invasive brain training technique using real-time EEG biofeedback to train the brain to function more efficiently, promoting mental clarity, emotional stability, and improved focus; sessions last 30-60 minutes with treatment plans typically including 20-40 sessions.
• Craniosacral Therapy Gentle manual therapy technique for natural healing that releases tensions in the central nervous system.
• EMDR Therapy Psychotherapy approach following an 8-phase protocol using bilateral stimulation (usually eye movements) to help the brain reprocess stuck or unprocessed memories; used for trauma, anxiety, depression, phobias, and other emotional challenges.
• Neuropsychological Testing Comprehensive assessments evaluating brain function including attention, concentration, memory, learning, language, communication, emotional regulation, social interaction, and sensory response; includes ADHD and Autism Spectrum Disorder evaluations for children, teens, and adults.
• Genetic Testing (GeneSight) Pharmacogenomic test analyzing a patient's genetic makeup to determine how they may respond to psychiatric medications, helping psychiatrists prescribe the most effective medications with minimal side effects and reducing trial-and-error prescribing.
• Lab Testing On-site laboratory testing services available in the Upstate region, described as unique among psychiatry clinics in the area.
• Telepsychiatry HIPAA-compliant virtual psychiatric consultations via secure video conferencing for new and existing patients across South Carolina; accessible from home or office via phone, tablet, or computer; covered by most insurance plans similarly to in-person visits.

Quantifiable outcome

• 60-70% of patients report significant symptom relief with TMS therapy; one-third experience full remission after standard TMS course
• +2 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

Feature7 records

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• LifeStance Health: Large multi-site outpatient behavioral health platform delivering psychiatric evaluation, medication management, and therapy across numerous U.S. states; comparable in operating model and service mix to Carolina Psychiatry.
• Brightside Health: Telehealth-first psychiatry platform focused on depression and anxiety, including treatment-resistant depression care, mirroring Carolina Psychiatry's emphasis on advanced outcomes via telehealth.
• Talkiatry: National outpatient psychiatric practice offering in-person and telepsychiatry medication management for depression, anxiety, ADHD, and other conditions; directly comparable outpatient psychiatry model to Carolina Psychiatry.
• Greenbrook TMS: Specialty provider of Transcranial Magnetic Stimulation for depression and OCD with a multi-site U.S. clinic network; directly overlaps Carolina Psychiatry's TMS offering and treatment-resistant depression focus.
• Mindpath Health: Multi-state outpatient psychiatric practice offering medication management, therapy, TMS, and Spravato; closely comparable service mix including advanced neuromodulation treatments.
• PsychPlus: Outpatient psychiatric group practice with multiple Texas locations offering medication management, TMS, and telepsychiatry; comparable multi-site psychiatrist-led model.

Emerging players

• Done (Done.): Telehealth-focused ADHD assessment and treatment platform; competes for a defined subset of Carolina Psychiatry's patient base (ADHD evaluations and ongoing medication management).
• Cerebral: Telehealth mental health platform providing medication management and therapy for depression, anxiety, and ADHD; competes for the same outpatient psychiatry patient pool with a remote-first model.

Regional players

• Geisinger Behavioral Health: Integrated health system's behavioral health arm offering outpatient psychiatry and TMS in a defined regional footprint; overlaps with Carolina Psychiatry's integrated, multi-site regional clinic approach.

Others

• Headway: Marketplace/platform enabling outpatient mental health clinicians to accept insurance and grow practices; adjacent enabling service rather than direct care competitor but supports similar clinician supply.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/taralsharmamd

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Carolina Psychiatry