Ethema Completes Acquisition of Kentucky Treatment Operations
1 day ago · WEST PALM BEACH, FL - January 10, 2025 (NEWMEDIAWIRE) - Ethema Health Corporation’s (OTCPINK: GRST) (“Ethema” “GRST” or the “Company”), newly incorporated …
FAQs about Ethema Completes Acquisition of Kentucky Treatment Operations Coupon?
Who is ethema Health Corporation?
Ethema Health Corporation (OTCPINK: GRST) has operated in the behavioral healthcare space specifically the treatment of substance use disorders since 2012. Ethema developed a unique style of treatment over the last dozen years and has had much success with in-patient treatment for adults. ...
Will ethema expand to 500 beds by 2025?
The client census is projected to remain around 170 when Ethema takes over management. This strategic acquisition is poised to assist Ethema in achieving its goal of expanding to 500 beds by the end of 2025. Ethema Health CEO Shawn Leon said: “To say that this opportunity is massive is an understatement. ...
How much money does ethema make a month?
Ethema has been managing Edgewater since July 15, 2024 when its revenues were approximately $560,000 per month and increased revenue to approximately $830,000 in the month of December 2024. ...
What is a letter of intent between ethema and ERC?
A letter of intent (LOI) has been signed between Ethema and ERC, encompassing the purchase of the operating company, or its assets and three real estate holding companies. These real estate companies, according to Ethema, own some of the properties operated by ERC as its treatment facilities. ...
Will ethema sell its West Palm Beach property to Aria-Edgewater?
Post-acquisition, the business will operate under the name ARIA-Edgewater until it is rebranded to ARIA. The included real estate assets will enable Ethema to consider a sale-leaseback transaction, similar to the one executed in August 2024 for its West Palm Beach property. ...
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