Chairpersons

Beach House Behavioral Health Appoints Tim Hanold as Executive Chairman

Strategic Insights

May 19, 2025 — 1 min read

Beach House Behavioral Health, a substance abuse and mental health facility business, has announced the appointment of Tim Hanold as Executive Chairman. Hanold brings over a decade of experience in leading regional and national teams in the healthcare sector, with a focus on patient-centric care and service delivery. He has previously served as Chairman of the Board for Virginia Medicaid (Department Medical Assistance Services) and has a proven track record of driving transformation and growth in healthcare organizations. Beach House, a trusted provider of evidence-based addiction treatment, is known for its state-of-the-art facilities and commitment to clinical excellence.

Key Takeaways:

Tim Hanold, a culture-building leader with deep experience in healthcare operations and business development, has been appointed as the Executive Chairman of Beach House Behavioral Health.
Hanold brings a wealth of experience from payer, provider, and public boards, including his previous role as Chairman of the Board for Virginia Medicaid (Department Medical Assistance Services).
He has a proven track record of driving transformation and growth in healthcare organizations, having more than doubled the business of Care Advantage, Inc., a portfolio company of BelHealth Investment Partners.
Beach House Behavioral Health, a portfolio company of BelHealth Investment Partners, is a comprehensive addiction treatment provider offering a full continuum of care to individuals with substance use disorders.
The company has a strong reputation for clinical excellence and evidence-based treatment, with a focus on patient-centered care and service delivery.

Statistics:

2014: Beach House Center for Recovery was founded.
2021: Care Advantage, Inc., a portfolio company of BelHealth Investment Partners, was exited by Tim Hanold.
2021-2024: Under Hanold's leadership, Care Advantage, Inc. more than doubled in size.

Sources:

BelHealth Investment Partners
Beach House Center for Recovery
Beach House Behavioral Health, Inc.

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