Ethema Health Corporation has been named a B2i Digital Featured Company, entering a partnership designed to expand investor awareness for the behavioral healthcare provider. The company operates in-patient treatment facilities for substance use disorders across Florida and Kentucky, with a focus on developing centers of excellence in addiction treatment for adults.
David Shapiro, Chief Executive Officer of B2i Digital, stated that the substance use disorder treatment space has strong secular demand drivers, and Ethema's multi-state operating footprint gives the company room to grow revenue by increasing occupancy across its existing facilities while selectively adding capacity. B2i Digital is a capital markets positioning and investor connectivity platform that helps growth-stage public companies engage with investors through programs like its Featured Company initiative. More information about B2i Digital can be found at https://b2idigital.com.
Ethema's operational footprint expanded significantly in January 2025 with the acquisition of ARIA Kentucky, adding residential treatment capacity across multiple locations in the state. Combined with its existing Florida operations, including a West Palm Beach facility and a newer Boca Raton location acquired in May 2024, the company now has approximately 400 operationally available beds with a current patient census of approximately 325. The Florida facilities have been operating at near capacity, while the Kentucky operations have been steadily increasing patient census since the acquisition closed.
Shawn Leon, President and CEO of Ethema Health Corporation, emphasized that the company's priority is delivering quality care while growing operations in Florida and Kentucky. He noted that partnering with B2i Digital allows Ethema to reach a broader audience of investors who are following the behavioral health sector as the company continues to scale its business. For additional details about Ethema Health Corporation, visit http://www.ethemahealth.com.
The company's financial performance shows substantial growth, with total revenue for 2025 expected to be reported as $19.5 million, representing a 225% increase over 2024. Ethema expects continued revenue growth as it brings additional dormant facilities online and increases occupancy across its platform. This expansion comes at a time when demand for substance use disorder treatment services remains strong, positioning the company for potential further growth in the behavioral healthcare sector.
For HR vendors, this partnership signals a growing trend of behavioral healthcare providers seeking capital markets visibility to fund expansion. As demand for addiction treatment services rises, vendors offering workforce management, patient record systems, and compliance solutions may find new opportunities with companies like Ethema that are scaling operations. The company's focus on increasing occupancy and bringing facilities online suggests a need for efficient HR and operational technologies to support growth.
