Our Relationship with Reawakenings Wellness Center
Basis of Relationship
The crux of our business model is based on our relationship with Reawakenings Wellness and other substance abuse treatment centers with which we intend to engage in the future. We operate as the outsourced administrative and operational arm of the Wellness Center, executing and directing key commercial components and responsibilities of the business side of substance abuse treatment and care centers, including billing, collections, finance, asset procurement, personnel, facilities, marketing, business development, information technology, and a number of other functions. The success of abuse treatment facilities such as Reawakenings Wellness is dependent upon predictable revenue streams derived principally from reimbursement and capitated fees from private insurers or government sponsored health plans. The commercial basis of our relationship with Reawakenings Wellness is a long-term management contract which mirrors the reliability and longevity of the Wellness Center’s own business model. This management contract enables us to acquire and improve facilities and invest in support infrastructure that is financed by continuous and stable management fee income over an extended period.
The Business of the Wellness Center
Reawakenings Wellness seeks to provide 24- hour state-of-the-art detoxification and rehabilitation services to patients with alcohol and substance abuse problems. The Wellness Center, which is intended to operate as the sole tenant in the Companies , 16,720 square foot facility in Broward County (the “Facility”), will endeavor to serve patients throughout South Florida, as well as patients located outside of the state. The Facility will accommodate 36 patient beds: six devoted to detoxification (5-10 days), and 30 devoted to in-patient rehabilitation (19-30 days). The Wellness Center offers the following:
- Alcohol Detoxification
- Drug Detoxification
- In-patient Drug Rehabilitation
- Dual Diagnosis Treatment
- Partial Hospital Program (PHP)
- Outpatient Detox (Suboxone)
- PHP with (Suboxone)
- Psychiatric (Individual, Group, Medication Management)
The substance abuse patient services offered by the Wellness Center are intended actively supervised on a day-to-day basis by the best in the industry.
If you’re interested in learning more about Reawakening Wellness Center, please feel free to visit their website by CLICKING HERE