Ethema Health Corporation has entered a partnership with B2i Digital, Inc. to become a B2i Digital Featured Company, focusing on expanding investor awareness for the behavioral healthcare provider. The West Palm Beach-based company operates in-patient treatment facilities for substance use disorders across Florida and Kentucky, developing centers of excellence in addiction treatment for adults.
David Shapiro, Chief Executive Officer of B2i Digital, stated the partnership will help Ethema Health expand its investor awareness through digital marketing platforms and targeted outreach campaigns. Shapiro noted that the substance use disorder treatment space has strong secular demand drivers, and Ethema's multi-state operating footprint provides room for growth by increasing occupancy across existing facilities while selectively adding capacity.
Ethema's operational footprint expanded in January 2025 with the acquisition of ARIA Kentucky, adding residential treatment capacity across multiple locations in the state. Combined with existing Florida operations, including a West Palm Beach facility and a Boca Raton location acquired in May 2024, the company now has approximately 400 operationally available beds with a current patient census of approximately 325. Florida facilities have been operating at near capacity, while Kentucky operations have steadily increased patient census since the acquisition.
Shawn Leon, President and CEO of Ethema Health Corporation, emphasized that delivering quality care while growing operations in Florida and Kentucky remains the company's priority. Leon stated that partnering with B2i Digital allows Ethema to reach a broader audience of investors following the behavioral health sector as the company continues to scale its business.
Total revenue for 2025 is expected to be reported as $19.5 million, representing a 225% increase over 2024. The company anticipates continued revenue growth as it brings additional dormant facilities online and increases occupancy across its platform. B2i Digital serves as a capital markets positioning and investor connectivity platform for growth-stage public companies, leveraging a proprietary network of more than 1.5 million capital markets participants and a curated email distribution of more than 100,000 investors and industry professionals.
The partnership highlights the growing investor interest in behavioral healthcare companies addressing substance use disorders, particularly those with multi-state operations and scalable treatment models. Ethema's expansion strategy through acquisitions and increased facility utilization demonstrates the company's growth trajectory in a sector with increasing demand for specialized treatment services. For more information about B2i Digital, visit https://b2idigital.com, and for details about Ethema Health Corporation, visit http://www.ethemahealth.com.
