One of the Philadelphia Region’s Fastest-Growing Private Companies is Acquired

Fast-growing Philadelphia-based digital behavioral health company Tridiuum has been acquired for an undisclosed sum.

Overland Park, Kansas-based New Directions Behavioral Health bought the tech-oriented company to dramatically reduce the time between when patients are screened and when they receive care.

Terms of the deal were not disclosed.

New Directions and Tridiuum partnered on a program in Florida that launched in December. As of Jan. 14, the partnership screened more than 450 people, with average speed to first appointment of about four days, according to a release. That compares with a current standard of care average of 25 days.

Tridiuum, founded in 1997, automates behavioral health screening, triage, matching and online scheduling. The company ranks No. 41 on the Philadelphia Business Journal’s List of the area’s fastest-growing companies, with a two-year average revenue growth of 20.69%. Tridiuum reported revenue of $7.3 million in 2020. The company is headquartered in Center City and led by CEO Mark Redlus.

Read the full article here.

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