Beacon Specialized Living

Beacon Specialized Living

Provides 24/7 residential behavioral healthcare services

Overview

Beacon Specialized Living Services provides residential and community-based behavioral healthcare for adults and children with developmental disabilities, severe mental illness, autism, and co-occurring substance use disorders. It operates adult foster care homes, crisis homes, and community living apartments, offering 24-hour supervised housing with medication management, counseling, and life-skills training, funded through state and county Medicaid contracts. The approach combines housing, meals, transportation, and clinical support in a person-centered, trauma-informed framework, coordinating with therapists, clinicians, and nurses to deliver evidence-based care. It differentiates itself by pairing cost-effective, less-restrictive housing with clinical services and pursuing growth through acquisitions to expand its footprint, with the goal of improving residents’ independence and reducing hospitalizations.

About Beacon Specialized Living

Simplify's Rating
Why Beacon Specialized Living is rated
C
Rated B on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Social Impact

Healthcare

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Spokane, Washington

Founded

1998

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Simplify's Take

What believers are saying

  • DailyPay partnership boosts retention for 1,600 employees amid high turnover.
  • Vistria Group acquisition in 2022 fuels Owakihi Inc. expansion.
  • Darren Hodgdon's UnitedHealthcare experience drives value-based care growth.

What critics are saying

  • New Jersey Medicaid redeterminations divert 20-30% clients in 3-6 months.
  • 12-hour shifts accelerate 70-90% turnover probability in 6-12 months.
  • Vistria pressures trigger Michigan audits for care lapses in 18-24 months.

What makes Beacon Specialized Living unique

  • Beacon delivers trauma-informed, person-centered residential care since 1998.
  • Serves Medicaid-eligible adults and children with dual diagnoses across five states.
  • Integrates housing, clinical support, and life-skills training holistically.

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Company News

Healthcare Dive
Dec 6th, 2022
Beacon Specialized Living Partners With DailyPay, Adding the Financial Wellness Tool to its Employee Benefits Package | Healthcare Dive

Beacon Specialized Living, an organization dedicated to supporting people with intellectual disabilities and mental health, has partnered with DailyPay —the leading provider of on-demand pay—to offer its employees with the power of choice and control over their earned pay.

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