Who’s Really Profiting in Behavioral Healthcare with L.A. Galyon | MasterMined Podcast

Описание: In this episode of MasterMined, returning guest L.A. Galyon of Brentwood Capital Advisors joins Mark Scrivner, Jeff Skillen, and Lee Pepper to unpack what he’s seeing across healthcare investment as the industry heads toward 2026. Fresh off the J.P. Morgan Healthcare Conference, L.A. breaks down capital trends, valuation realities, and why behavioral health remains one of the most compelling—yet misunderstood—sectors for investors.

The conversation digs into why outpatient and hybrid care models are gaining momentum, how payer dynamics and middlemen continue to distort incentives, and what founders must do now to build durable, investable businesses. L.A. also offers candid perspective on private equity’s reset, realistic valuation expectations, and the operational discipline required to pass diligence in today’s market.

Key Moments

01:09 – Why JP Morgan sets the tone for healthcare investing each year

03:50 – The shift from provider roll-ups to “picks and shovels” investments

04:52 – Why behavioral health is still early in its lifecycle

08:19 – Moving care out of facilities and into lower-cost settings

12:36 – The growing frustration with healthcare middlemen

18:05 – What private equity learned from the last three years

24:15 – Why decisive buyers are winning deals again

36:20 – What actually drives higher multiples in behavioral health

42:36 – How much providers should really be spending on marketing

48:27 – Three things leaders should do now to build long-term value

Learn More & Connect
Show Notes + Resources: https://snapshotinteractive.com/maste...
Connect with L.A. Galyon:   / l-a-galyon-88244321  
| https://www.brentwoodcap.com
Connect with Mark Scrivner:   / markscrivner  
| https://snapshotinteractive.com
Connect with Jeff Skillen:   / jeffskillen  
| https://www.skillsetenterprises.com
Connect with Lee Pepper:   / leepepper  
| https://www.neveroutmatched.com
Our Sponsor - Snapshot: https://snapshotinteractive.com