What is PACES?
PACES operates as a dedicated behavioral health organization, concentrating its efforts on delivering essential mental and behavioral health services to children and adolescents grappling with emotional challenges. The organization champions a family-centered methodology, empowering caregivers with critical resources and support systems designed to cultivate robust family strength. PACES ensures accessibility by accepting a wide array of insurance plans, including Medicaid and Medicare, and provides services at a reduced fee for individuals demonstrating clinical need. As an integral component of the Wyandot Behavioral Health Network, PACES benefits from and contributes to a network accredited for its unwavering commitment to high-quality mental health care.
How much funding has PACES raised?
PACES has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in PACES
PPP
Public-Private Partnership
What's next for PACES?
The recent major strategic investment, alongside the overall enterprise-level funding context, signals a pivotal phase for PACES. This capital infusion is anticipated to fuel the expansion of its service offerings, potentially enabling broader outreach to underserved populations of children and adolescents. Strategic utilization of these funds could involve enhancing therapeutic programs, integrating advanced technological solutions for service delivery or patient management, and strengthening partnerships within the broader healthcare ecosystem. The company's focus on family-centered care and its integration within the Wyandot Behavioral Health Network provide a solid foundation for sustained growth and impact in the critical field of pediatric mental health.
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