4.2.3.3Vertical

Residential Eating Disorder Programs

24-hour residential treatment facilities for severe eating disorders.

Market snapshot

These figures describe Eating Disorder Treatment (4.2.3), the segment that Residential Eating Disorder Programs sits within. They are not figures for Residential Eating Disorder Programs on its own.

FragmentationConsolidatingEstimate

No discrete Census NAICS code. Eating-disorder treatment sits within residential (623220) and outpatient behavioral classifications, so the segment is not separately sized by the Census Bureau.

Business model & economics

Revenue model

Per-diem residential, PHP, and outpatient reimbursement

Key economics

Recurring revenue
Moderate

length-of-stay and step-down care

EBITDA margin
12–22%
Capex intensity
High

Characteristics

  • High-acuity, specialized, often long-duration care.
  • Led by dedicated multi-site treatment platforms.
  • Reimbursement and length-of-stay drive economics.

M&A deal context

Deal activityModerate

Who’s acquiring

  • PE-backed eating-disorder platforms
  • Behavioral-health operators
  • Specialty-treatment consolidators

What’s driving deals

  • Multi-site platform building.
  • Rising recognition and prevalence.
  • Reimbursement-driven economics.

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