Feb. 12 at 11:27 PM
The team at B2i Digital welcomes Ethema Health Corporation (OTC:
$GRST ) as a new Featured Company. A dedicated company profile will be available soon at https://b2idigital.com/featured-companies.
Based in West Palm Beach, Florida, Ethema Health operates in the behavioral healthcare space, specifically in the treatment of substance use disorders. The company runs in-patient treatment facilities across Florida and Kentucky and has built its model around developing what it calls "centers of excellence" in addiction treatment for adults.
Ethema's footprint expanded in January 2025 with the acquisition of ARIA Kentucky, adding residential treatment capacity across multiple locations in the state. Combined with its existing Florida operations, including a West Palm Beach facility and a newer Boca Raton location acquired in May 2024, the company now has approximately 400 operationally available beds with a current patient census of approximately 325. The Florida facilities have been operating at near capacity, and the Kentucky operations have been steadily increasing patient census since the acquisition closed.
Total revenue for 2025 is expected to be reported as
$19.5 million, an increase of 225% over 2024. The company expects continued revenue growth as it brings additional dormant facilities online and increases occupancy across the platform.
The company is led by Shawn Leon, President and CEO. Mr. Leon has more than 25 years of experience managing public and private companies across multiple industries, including healthcare, hospitality, real estate development, and capital markets.
To learn more about Ethema Health Corporation, visit www.ethemahealth.com. For investor inquiries, contact
[email protected].
Discover more emerging growth Featured Companies, industry-leading Featured Experts, and upcoming Featured Conferences at https://b2idigital.com. Disclosure: B2i Digital is not a broker-dealer or investment adviser. This post is informational and not an offer or solicitation regarding any security.
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