Company Overview
CHE Behavioral Health Services, previously known as CHE Senior Psychological Services, has been a significant provider in the mental health sector since 1995. The organization is committed to enhancing access and treatment of mental health through various service settings, including telehealth, psychiatry, and in-patient care. The company employs over 850 licensed therapists and psychiatry providers who are known for their competence, compassion, and integrity. CHE's headquarters is located at 3512 Quentin Rd, Ste 110, Brooklyn, NY, 11234-4245. You can reach them at [info@cheservices.com](mailto:info@cheservices.com) or via phone at 888-515-3834.
Leadership Team
- Brad Smith, Chief Executive Officer: Over 30 years of experience in finance, operations, strategy, and growth. Smith leads CHE with a vision to establish it as a leader in mental healthcare.
- Vu Nguyen, Chief Information Officer: With extensive experience in healthcare IT, Nguyen brings innovative approaches to healthcare technology transformation.
- Joy Nadler Frankel, Psy.D., Chief Clinical Officer: A licensed clinical psychologist, Dr. Frankel is dedicated to high clinical standards through her expertise.
- Dana Bevill Watson, Psy.D., Chief Compliance & Clinical Development Officer: Multi-state licensed through PsyPact and certified in healthcare compliance, Dr. Watson oversees compliance and clinical development.
Recent Developments
CHE has launched an innovative telehealth platform to extend service availability amidst the rising demand for remote mental health services, particularly post-COVID-19. Their partnership with NextGen Healthcare, initiated in May 2023, further demonstrates their dedication to expanding mental healthcare access across the United States.
Financials and Funding
CHE Behavioral Health Services has secured funding through a private equity round backed by Altamont Capital Partners, with recent funding recorded at less than $5 million. The organization continues to focus on strategic growth and expansion of its services.
Contact Information
For more details on services or partnerships, visit their [official website](https://www.cheservices.com/) or use their [contact page](https://www.cheservices.com/contact-us).
Competitor Profiling
Company Overview
CHE Behavioral Health Services, based in Brooklyn, NY, has been a leader in mental health services since 1995, providing care through telepsychology and in-person platforms, particularly focusing on post-acute care environments.
Competitors
- Ocean Healthcare: Operates in New Jersey offering skilled nursing, home health care, and psychiatric care hospitals. They stand out for innovative clinical programs and partnerships with major healthcare systems.
- Gurwin Jewish Family of Healthcare Services: Located in Commack, NY, they offer a continuum of care including assisted living and skilled nursing, with a focus on faith-based diversity.
- Associated Clinic of Psychology: Based in Minneapolis, MN, ACP offers a wide range of mental health services for adults and children, including therapy and psychological testing.
- Nystrom & Associates: Among the largest behavioral health organizations in the U.S., they provide counseling, psychiatry, and community mental health programs with numerous locations and virtual care options.
- Saad Healthcare: Offers home healthcare and hospice services along the Gulf Coast, known for strong community presence and continuity of care.
Notable Market Position and Financial Insights
CHE Behavioral Health Services has an annual revenue of $86.1 million, making it a substantial player in the psychological services market. The financial strength allows CHE to invest in their capabilities and expand their reach.
Strategic Insights
CHE prioritizes quality telehealth services with a network of over 850 licensed therapists, positioning itself well in the growing virtual mental health care sector. By leveraging technology for remote service delivery, CHE stands against competitors favoring in-person models. Strategic collaborations and regional expansions within healthcare networks bolster its market position. Investing in technology-driven care solutions will be crucial for CHE to meet evolving demands in mental health services, while identifying market niches enhances competitive advantage.
