Nashville-based telepsychiatry company MindCare Solutions Group Inc. has made a strategic move to deepen its presence in the behavioral health sector by acquiring Psych360, a leading telehealth and on-site mental health provider focused on long-term care facilities. While the financial details of the acquisition remain confidential, the announcement highlights MindCare’s commitment to expanding telepsychiatry services for long-term care and enhancing integrated behavioral health care across multiple patient settings.
Strengthening Telepsychiatry Services for Long-Term Care Facilities
Psych360, founded in 2015, has carved out a distinct niche by specializing in mental health services tailored to the long-term care market, including nursing homes, assisted living facilities, and group homes. In the past 12 months alone, Psych360 has engaged with more than 85,000 patients, providing crucial psychiatric and behavioral health care to often underserved and medically complex populations.
With the acquisition by MindCare Solutions Group, Psych360’s service offerings will be bolstered by MindCare’s extensive telepsychiatry platform, which currently delivers 24/7 psychiatric care to hospitals, emergency departments, outpatient clinics, and correctional facilities. This combination allows for a more cohesive continuum of care, particularly for patients transitioning from acute hospital settings to long-term care environments.
Rocco Coniglio, CEO of Psych360, expressed optimism about the partnership, stating, “Joining with MindCare Solutions Group allows us to improve patient care a step further by providing continuity of care and increased interdisciplinary collaboration from the long-term care, rehab and acute hospital setting. We will increase our options for psychiatric placement and can follow patients from those acute settings to the nursing home.”
This synergy underscores the growing importance of telepsychiatry services for long-term care — a field where continuity, accessibility, and specialized expertise are critical to positive patient outcomes.
MindCare Solutions Group’s Expanding Footprint in Behavioral Health
MindCare Solutions Group is rapidly evolving as a key player in telepsychiatry, administering more than 200,000 telepsychiatry visits annually. The company is supported by WP Global Partners, a Chicago-based private equity firm that has backed MindCare’s aggressive expansion through strategic acquisitions.
Psych360 is the latest addition to a portfolio that already includes:
- PsychNow, a Dallas-based regional telepsychiatry provider acquired in March 2020
- TriCounty Tele Behavioral Services, acquired in July 2021 through a $20 million credit facility
- Virtual Inpatient Psychiatry Physicians Behavioral Network based in Orlando, Florida
These acquisitions have enabled MindCare Solutions Group to broaden its service capabilities across inpatient, outpatient, and correctional health settings, while strengthening its telepsychiatry services for long-term care facilities. This diversified approach not only addresses the varied needs of healthcare systems but also reflects a broader industry trend toward integrated telebehavioral health solutions.
The Growing Demand and Investment in Telepsychiatry Services for Long-Term Care
Telepsychiatry services for long-term care have gained significant traction due to the rising mental health needs of aging populations and the shortage of onsite psychiatric professionals in many facilities. The COVID-19 pandemic accelerated adoption of telehealth, revealing the potential of remote psychiatric care to increase access, reduce costs, and improve patient outcomes.
Industry investment supports this growth. For instance, Austin-based Iris Telehealth announced a $40 million Series B funding round in April 2025 and was recognized on the Inc. 5000 list as one of America’s fastest-growing companies. Another key player, Array Behavioral Health, raised $24 million in funding following its 2019 merger, highlighting strong investor confidence in telepsychiatry’s potential.
This influx of capital and consolidation within the sector underscores the strategic importance of telepsychiatry services for long-term care — a market that demands scalable, specialized solutions that can be integrated across health systems.
Why Telepsychiatry Services for Long-Term Care Are Critical
Residents of long-term care facilities often face complex mental health challenges, including dementia, depression, anxiety, and behavioral disorders that require ongoing psychiatric support. However, geographic isolation, staffing shortages, and budget constraints often limit access to specialized psychiatric care in these settings.
Telepsychiatry services for long-term care directly address these barriers by enabling remote psychiatric consultations and ongoing management without the need for onsite specialists. This approach improves patient care by facilitating timely assessments, medication management, and therapy, while also reducing hospital readmissions and emergency room visits.
Moreover, telepsychiatry supports the critical transitions patients experience when moving from acute care or rehabilitation settings to long-term care facilities. The MindCare Solutions Group and Psych360 partnership exemplifies how technology-enabled continuity of care can ensure patients receive consistent, high-quality behavioral health support regardless of their care environment.
Enhancing Interdisciplinary Collaboration and Care Coordination
One of the key advantages of expanded telepsychiatry services for long-term care is the opportunity for greater interdisciplinary collaboration. By connecting psychiatrists, primary care providers, nursing staff, and rehabilitation specialists through telehealth platforms, care teams can work more effectively to develop and implement comprehensive treatment plans.
This collaborative approach not only improves clinical outcomes but also enhances the experience of patients and their families by ensuring that all providers are aligned and informed throughout the care journey. MindCare’s platform, combined with Psych360’s specialized knowledge, creates a robust network of providers dedicated to delivering patient-centered behavioral health care.
Looking Ahead: MindCare Solutions Group’s Vision for Telepsychiatry Services for Long-Term Care
As MindCare Solutions Group integrates Psych360’s services, the company is well-positioned to lead the evolution of telepsychiatry services for long-term care nationwide. The acquisition enhances MindCare’s ability to provide scalable, high-quality behavioral health care that meets the unique needs of aging and vulnerable populations.
With the support of private equity funding and a proven track record of successful acquisitions, MindCare Solutions Group is primed to continue innovating in telepsychiatry, expanding access, and improving outcomes for long-term care residents across the country.
For providers and facilities looking to enhance their behavioral health offerings, telepsychiatry services for long-term care represent a vital tool in addressing current workforce challenges and meeting growing patient demand.
