What to Look for in an Inpatient Drug Rehabs for Sale: Expert Buying Tips

“4 in 10 U.S. Adults who needed substance use and mental health care did not get treatment,” a recent report published by a nonprofit organization, the National Council for Mental Wellbeing, said.  This underscores the demand for intensive care services, making established inpatient drug rehabs a profitable source of capital. However, the issue is what to look for in inpatient rehabs on sale to secure the best one. We have brought this blog to you to serve this purpose.

Are you looking to buy an inpatient drug rehab for sale? Connect with Strategique Partners and find its list of businesses up for selling by contacting us here.

Why Should You Consider Buying an Inpatient Drug Rehab for Sale?

Whether to buy an inpatient drug rehab for sale or to establish one from scratch is the actual question because the demand for these services promises a great inflow of customers for both. It is a matter of personal choice as some might want to open a rehab business step by step and some prefer buying a business. However, the benefits of buying a rehab business for sale are:

1. Already Established Infrastructure
2. Running Business
3. Steady Flow of Customers
4. No Headache of Licensing

However, to get these benefits, it is first important to ensure that you get all these things from the inpatient business you are buying.

Expert Buying Tips for Inpatient Drug Rehabs for Sale

You can ensure the desired results out of your inpatient drug rehab purchase with the help buy-side advisory of Strategique Partners. We help you in ensuring some key elements, a few of which we have mentioned here:

1. Considering Financial Performance and Revenue Streams

First and foremost, for a behavioral health business expert like Strategique Partners, comes the financial health of the drug rehab business our client intends to buy. It is important to ensure the following to ascertain the profitability of a drug rehab center:

1. Healthy Income, Expenses, and Profitability Trends
2. Multiple Revenue Generation Streams
3. Strong Payer Mix Profile

Normally, buyers of drug rehab businesses lack an understanding of what these financial aspects can mean for the business they are buying. They should certainly go for the help of behavioral health financial matters experts. 

2. Ensuring Licensing and Accreditation of the Inpatient Drug Rehabs for Sale

The next big thing, especially for behavioral health businesses, is their compliance with regulatory requirements on the federal, state, and local levels. Getting a behavioral health business licensed is truly a matter of great stress and hard work for business owners. Therefore, a business that already has been licensed and has reputable accreditations is considered a bonus. To verify before buying an inpatient drug rehab business for sale whether the licensing is accurate or not, you can easily opt for our licensing and accreditation support. 

3. Assessing the Reputation of the Rehab Center on Sale

Multiple factors contribute to the reputation of the inpatient drug rehab. The most critical factors are:

1. Client Satisfaction
2. Client Retention Rate
3. Reviews
4. Patient Outcomes

We believe the inpatient drug rehab centers for sale having good results in these aspects enjoy a very good market reputation. You can proceed to buy them. However, for a more personalized and nuanced analysis of the reputation, we offer specialized buy-side advisory. 

4. Inspecting Facility’s Infrastructure

The infrastructure of an inpatient facility includes the following:

1. Building Condition
2. Capacity and Beds
3. Amenities
4. Location of the Facility

You need to examine all these aspects for the repairs, adjustments, structural issues, and possible upgrades for your inpatient rehab center. This helps you locate the best drug rehab for sale in your area. If you do not know about the infrastructure requirements of an inpatient rehab center, you may consult our behavioral health real estate services. 

5. Evaluating Staff Credentials and Retention Rates

There is a shortage of seasoned and qualified inpatient rehab health professionals. 49% of Americans live in a behavioral health workforce shortage area. Therefore, staff retention should be your target, especially when the staff is highly qualified and trusted. You should do the following:

1. Verify that clinical staff members (e.g., therapists, counselors, and nurses) have the necessary certifications.
2. Ensure that the staff retention rates are good.

You can opt for staffing services from us if you feel the need to find relevant staff for an inpatient rehab center for sale. 

7. Considering the Growth Potential of the Inpatient Drug Rehab Facility to be Bought

The most critical aspect of a business you are going to buy should be the growth potential. An inpatient drug rehab for sale should offer the incentive of growth areas like:

1. Expansion of Client Base
2. Expansion of Services Line
3. Marketing Opportunities
4. Telehealth Integration
5. Electronic Health Record System Integration

A little investment in these areas can help grow the business you intend to buy. 

8. Ensuring Professional Transition Support While Buying an Inpatient Rehab Facility

You would not think about considering this aspect normally. However, you must ensure smooth operations, and staff and client retention with the change of ownership. This can be attained through the support that the sellers of drug rehab business can offer you during the transition phase. Things like transition support and many crucial matters should be negotiated during the process.

Get Professional Help from Strategique Partners Buy-Side Support

Strategique Partners, with its years of expertise in selling behavioral health business and helping new entrants, buy businesses, has become one of the most reliable behavioral health M&A platforms. This is because our experts in mergers and acquisition, for both the buy and sell sides, have loads of experience in:

• Connecting to Buyers/Sellers
• Arbitrating and Negotiating Deals
• Ensuring Success for Buyers
• Sustainable and Profitable Deals

This makes us the most experienced campaigner in the behavioral health industry. 

Do you want to take the help of Strategique Partners in buying an inpatient drug rehab for sale? Get connected to it from here today.

FAQs Regarding Buying an Inpatient Drug Rehabs for Sale

Here are some of the most asked questions and their answers regarding the inpatient drug rehabs for sale:

1. What Are Common Challenges Faced When Acquiring an Existing Drug Rehab Center?

There are a few common challenges you may face after buying an inpatient drug rehab for sale like:

1. Cultural Integration
2. Operational Overhauls
3. Continuity of Policy and Management
4. Staff Retention

2. How Much Capital Is Typically Required to Acquire and Operate an Inpatient Drug Rehab Facility?

The money required to buy an inpatient drug rehab business for sale is obviously much more than what is going to cost you to open a drug rehab business. Acquisition costs are higher because you get a running business with a steady flow of clients and a well-established staff. The exact figure may vary depending on the size, reputation, and location of the facility.

3. What Financing Can I Secure for the Purchase of an Inpatient Drug Rehab for Sale?

You can find financing options like the following to buy an inpatient rehab facility:

1. Small Business Administration (SBA) Loans
2. Private Investors
3. Network Funding Options