Peregrine Health

Peregrine Health operates as a comprehensive behavioral health partner for clinics in underserved communities, specifically Federally Qualified Health Centers (FQHCs) and Rural Health Clinics (RHCs). The company was formally established in late 2023 through the merger of two Nashville-based companies, Integrative Life Network (ILN) and Integrative Health Centers (IHC). Both predecessor companies were founded by Ryan Chapman, who now serves as the Founder and Chairman of Peregrine Health. This merger created a unified entity with both direct-to-consumer and business-to-business service lines, combining ILN's network of high-acuity treatment centers with IHC's telehealth platform.

The firm's business model is centered on building, managing, and operating the entire behavioral health service line for its partner clinics. This is not limited to just placing providers but involves a fully managed service that integrates expert clinicians, operational support, and technology to create sustainable programs. Peregrine primarily operates on a fee-for-service basis, leveraging the reimbursement structures already in place at its partner clinics to provide care profitably. Services include talk therapy, medication management, psychiatric care, and scheduling integration, delivered via telehealth and in-person. The company also offers technology products like EMR templates and operational support, which can be white-labeled, covering care navigation, scheduling, and recruiting.

The company's offerings are designed to address significant challenges faced by clinics in rural and underserved areas, such as provider shortages and operational inefficiencies. By partnering with Peregrine, these clinics can launch or optimize their behavioral health programs, improving patient access and care coordination. Peregrine has demonstrated impact by reducing patient no-show rates and improving provider utilization for its partners. Since its inception, the company has secured significant funding, including a $7 million round in December 2023 and a subsequent $5 million round, to fuel its growth and enhance its technology platform. These investments are aimed at developing new offerings like enhanced clinical outcome tracking and virtual Intensive Outpatient Programs (IOP).

Keywords: behavioral health solutions, FQHC services, RHC support, rural healthcare, underserved communities, telehealth platform, mental health services, care coordination, healthcare operational support, clinic partnership, psychiatric care, medication management, integrated healthcare, value-based care, health-tech, Nashville healthcare, Ryan Chapman, BIP Ventures, Martin Ventures, managed service organization