Ethema Health Corporation
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Shawn E. Leon
- Full Time Employees
- 65
- Sector
- Healthcare
- Industry
- Medical - Care Facilities
- Address
- 1590 South Congress Avenue West Palm Beach FL United States of America 33406
- IPO Date
- Mar 28, 1996
- CIK
- 0000792935
- Website
- ethemahealth.com
- Similar Companies
- Business
- Ethema Health Corporation (GRST) operates in the behavioral healthcare sector, focusing on the treatment of substance use disorders through inpatient and outpatient rehabilitation services in the United States. The company provides comprehensive addiction treatment programs, including residential care, detox services, and mental health support; it operates facilities such as ARIA Kentucky and centers in Florida with approximately 62 inpatient beds in West Palm Beach and Delray Beach. Founded in 1993 and headquartered at 950 Evernia Street in West Palm Beach, Florida, Ethema targets adult patients seeking recovery from substance abuse, serving markets primarily in Florida and Kentucky with around 70 employees. In recent developments, Ethema signed a letter of intent in October 2025 to acquire assets and entities from Addiction Recovery Care (ARC) in Kentucky, a major expansion expected to significantly increase licensed bed capacity and potentially drive revenue above $100 million annually under the ARIA brand; the deal involves 25% cash, 25% vendor note, and 50% equity-linked funding. The company also closed financing rounds, repaid significant convertible debt, acquired a larger interest in its ARIA treatment center, and signed an M.O.U. with Sparta Group for expansion, previously known as GreeneStone Healthcare before renaming in April 2017.
Critical Contrast: Ethema Health (OTCMKTS:GRST) & Sonic Healthcare (OTCMKTS:SKHHY)
Analyzing Ethema Health (OTCMKTS:GRST) & PACS Group (NYSE:PACS)
Ethema Health to Present at the Small Cap Growth Virtual Investor Conference December 9th
Ethema Engages National Law Firm, Blank Rome, to Shepherd Up-Listing Process
Addiction Recovery Institute of America ("ARIA") receives Full License for Inpatient Detoxification and Residential Level 1 at its Boca Raton facility
"Ethema Health Corporation" to Present on the Emerging Growth Healthcare Conference on July 18, 2024
Ethema Health Corporation Invites You to Join Us at The Microcap Conference
Ethema to Present at the Emerging Growth Conference on January 10, 2024
Ethema Releases Profitable Quarterly Results
Ethema Health Comments on Director O'Bireck Passing
Ethema Files Strong Second Quarter Results
Ethema Closes on Real Estate Transaction and Eliminates Major Debt
Ethema Executes Two Real Estate Transactions and Major Debt Repayment
Ethema Granted Full Licenses, and Updates Progress
Ethema Closes on Multi-Million Dollar Treatment Center
Ethema Acquisition Approved
Sparta(TM) Appoints to its Technical Advisory Board, Acclaimed Biology and Physiology Professor, Leonard Sonnenschein, to Support Further Development of the use of Hypochlorous Acid as a Super Disinfectant
Ethema Closes New Financing
Ethema Repays a Significant Portion of Its Convertible Debt
Ethema Signs M.O.U. with Canadian based Sparta Group to Expand its Focus on its Pathogen Protection Initiatives