Oceans Healthcare operates a focused behavioral-health platform delivering gero-psychiatric care to adults 55+ through smaller, specialized facilities. The company owns and operates 10 inpatient behavioral health hospitals and 10 intensive outpatient programs in Louisiana. Its model emphasizes individualized care for mood, behavior disturbances and progressive illnesses such as dementia, and has been nationally recognized by the Joint Commission for clinical and operational excellence. Oceans was founded in 2004 and is the largest behavioral health provider in Louisiana. The company recently closed a $17M strategic growth equity financing to capitalize the organization and support geographic expansion beyond Louisiana. Leadership will remain with co-founders Jason Reed (CEO) and Nick Guillory (COO) running day-to-day operations while new board members join as part of the transformation.

Total raised

$17M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2013