Mindful Health, a rapidly growing multilevel outpatient mental health provider, is kicking off 2025 with exciting news. The company has successfully raised an oversubscribed $6 million funding round and is extending its fundraising efforts to a $12 million total. This investment round, backed by WP Global Partners, its primary investor, is set to accelerate Mindful Health’s mental health clinic expansion plans and furthering its mission to provide an all-in-one approach to outpatient mental health care.
Founded in 2021 and launching its services in April 2022, Mindful Health is reshaping the mental health care landscape by offering an extensive suite of services. These include therapy, medication management, holistic wellness, partial hospitalization programs (PHP), intensive outpatient programs (IOP), nasal esketamine treatments, and transcranial magnetic stimulation (TMS). Telehealth and virtual programming are also integral to the company’s offering, ensuring that patients have flexible and accessible options to meet their unique mental health needs. With a mission to make high-quality mental health care more accessible and affordable, Mindful Health’s integrated service models aim to reduce healthcare costs while improving the overall quality of care. This approach is central to the company’s growth strategy and aligns with Griffin’s belief that businesses focusing on both cost-efficiency and quality care will thrive in the future.
A Vision for a “Mental Health Home”
At the helm of Mindful Health is CEO Jennifer Wood, who brings a wealth of experience to the role. Before founding Mindful Health, Wood was the CEO and owner of Psych Now LLC and served as the executive vice president of Texas operations for MindCare Solutions. Her leadership vision is to create a “mental health home” for patients—an approach that ensures continuity of care and comprehensive support throughout each person’s mental health journey.
Wood emphasizes that one of Mindful Health’s distinguishing features is its all-inclusive model that eliminates the need for patients to bounce between multiple providers. Instead, patients are treated under one roof, with consistent care that spans the entire course of treatment. This continuity reduces the revolving door effect that many patients experience in traditional mental health care settings, where they are often referred out to other providers or practices that may not have the ability to see them through to long-term recovery.
The company’s services are offered in an upscale, spa-like environment designed to promote comfort and well-being. This boutique-style approach offers a more personalized experience for clients and aims to create a calming atmosphere that contrasts with the often sterile or impersonal feel of many healthcare facilities. Beyond that, Mindful Health partners with hospitals to ensure that patients have access to higher levels of care when necessary, making sure that no matter the patient’s needs, there is always a comprehensive support system in place.
Expanding Footprint with Ambitious Growth Plans
Mindful Health is currently operating four clinics in Texas, with plans to expand significantly in the next two years. The company is looking to add four more clinics in 2025 and between four and eight new clinics in 2026. This mental health clinic expansion strategy is designed to target areas that are not only experiencing population growth but are also under-served in terms of mental health services. By focusing on communities with rising populations that lack sufficient mental health care providers, Mindful Health is positioning itself to meet the demand for quality mental health care where it is needed most.
This mental health clinic expansion is critical to Mindful Health’s mission of providing holistic care to a larger number of people. The company’s approach is unique because it allows patients to receive the full spectrum of mental health services under one roof, creating a more cohesive experience for individuals who may have previously struggled to find comprehensive care in one location. Wood’s commitment to building this “mental health home” for patients reflects the company’s goal to nurture a long-lasting relationship with clients, providing consistent support and care.
Meeting the Needs of a Diverse Patient Base
Mindful Health serves a diverse patient population, with the majority of patients ranging in age from 20 to 50 years old. However, the company also offers pediatric services, catering to children as young as five. This ability to treat both adults and children sets Mindful Health apart from other providers and demonstrates the company’s flexibility in meeting the varied needs of its patient base.
Mindful Health generates revenue primarily through contracts with commercial payers, while around 20% of its patients pay with cash. The company does not accept Medicaid, which allows it to focus on providing services that meet the financial realities of its patient demographic. This model ensures that the company is able to sustain its operations while maintaining the highest standards of care for its patients.
While the margins on services like therapy are thin, Mindful Health has found success in offering treatments with higher margins, such as TMS and nasal esketamine. These services are particularly beneficial for patients with conditions like major depressive disorder, as they have shown promising results in helping individuals achieve remission. This shift in treatment options allows the company to both support patients effectively and maintain the financial stability necessary to fund its ongoing mental health clinic expansion efforts.
Recruiting and Expanding Clinical Teams
As Mindful Health continues to scale, one of the company’s primary challenges will be recruiting top-tier behavioral health staff and physicians who align with its model of care. Finding clinicians who not only possess the necessary expertise but also share the company’s commitment to integrated, patient-centered care will be essential for successful expansion. Additionally, the company will need to identify communities that are not only a good fit for its patient demographic but also have access to the best clinical talent available.
Recruiting high-quality clinical professionals and expanding the company’s clinical team will be critical to ensuring the company’s ability to provide the same level of personalized, high-quality care as it grows. Wood acknowledges that this challenge will require time and effort, but she remains confident in Mindful Health’s ability to attract top talent and continue building a robust clinical team that reflects the company’s values.
Looking Ahead: A Bright Future for Mindful Health
In conclusion, Mindful Health is positioned for substantial growth in the coming years. With a unique approach to mental health care, a strong mental health clinic expansion plan, and a commitment to providing integrated, comprehensive services to its patients, Mindful Health is poised to become a leading player in the outpatient mental health space. The recent oversubscribed funding round and the company’s strategic focus on quality care and cost-efficiency will serve as the foundation for its continued success as it works to provide a “mental health home” for those in need of reliable, supportive care. The future of mental health care looks bright with companies like Mindful Health leading the way.
