Recovering Champions, Inc.
From a $1 million investment to a successful exit.
- Role
- Founder and CEO
- Years
- 2013 to 2019
- Focus
- Substance use disorder treatment
The results
As reported by management
- Initial investment$1.0 million
- Annual return on investment135%
- Exit return on investment1,900%Within four years
- Staff retention100%
- State licensing inspectionsZero deficienciesFinal two years
- OutcomeSuccessful exit
The opportunity
Recovering Champions started with a simple idea: a patient-centered treatment organization could deliver strong care while also keeping tight financial controls, an engaged staff and readiness for regulators.
Instead of buying mature systems, the operating platform had to be built from scratch, from policies and procedures to the chart of accounts.
What we did
Built the operating foundation
Created the policies, procedures, documentation, chart of accounts and core financial and management systems needed to launch and grow.
Made it a place people wanted to work
Developed an employer-of-choice approach that management credits with 100% staff retention, keeping teams stable and operations steady.
Built compliance into daily operations
Set up compliance systems and practices. The final two years had zero state licensing deficiencies and minimal findings from accrediting agencies.
Kept patient acquisition costs low
Developed an admissions approach reported to have the lowest cost per acquisition among comparable facilities at the same level of care in the state.
Managed the money from start to exit
Led strategy and finances from the initial investment through growth and a successful exit, with strong reported returns for investors.
Strong financial systems, repeatable processes, efficient admissions, a stable team and proactive compliance. Together they can make a treatment organization more predictable to run and better prepared for a sale, while clinical quality and patient welfare stay non-negotiable.
Why it worked
Capabilities shown
- Starting a new healthcare company
- Managing investor capital through exit
- Workforce strategy and culture
- Compliance and accreditation readiness
- Operational discipline
- Low cost per acquisition