Disclaimer
This document is a presentation of general background information about New Waters Recovery North Carolina Fund, LP (the “Fund” or “we”). This Presentation does not constitute or form part of any o"er for sale or solicitation of any o"er to buy or subscribe for securities nor shall it or any part of it form the basis of or be relied on in connection with, or act as any inducement to enter into, any contract or commitment whatsoever. Recipients of this Presentation who are considering acquiring Preferred interest are reminded that any such purchase or subscription must not be made on the basis of the information contained in this Presentation but are referred to the entire body of disclosed information regarding the Fund.
The information contained in this Presentation is derived solely from management of the Fund and does not purport to be all-inclusive or to contain all the information that an investor may desire to have in evaluating whether to make an investment in the fund. No representation or warranty, express or implied, is made or given by or on behalf of the Fund or any of its affiliates, directors, officers or employees as to the accuracy, completeness or fairness of the information or opinions contained in this Presentation and no responsibility or liability is accepted by any person for such information or opinions. No person has been authorized to give any information or make any representations other than those contained in this Presentation and, if given and/or made, such information or representations must not be relied upon as having been so authorized. The information and opinions contained in this Presentation are provided as at the date of this Presentation. The contents of this Presentation are not to be construed as legal, financial or tax advice. Each prospective investor should contact his, her or its own legal adviser, independent financial adviser or tax adviser for legal, financial or tax advice.
Certain statements in this Presentation may constitute forward-looking information, including
future-oriented financial information and financial outlooks, within the meaning of applicable securities laws. Forward-looking information may relate to the Fund future outlook and anticipated events or results and may include statements regarding the Fund financial results, future financial position, expected growth of cash flows, business strategy, budgets, projected costs, projected capital expenditures, taxes, plans, objectives, potential synergies, industry trends and growth opportunities.
Often but not always, forward-looking information can be identified by the use of words such as “anticipate”, “believe”, “expect”, “project”, “estimate”, “likely”, “intend”, “should”, “could”, “may”, “might”, “target”, “plan” and other similar expressions or variations (including negative variations) of such words and phrases. Forward- looking information contained in this Presentation is based on certain assumptions regarding expected growth, results of operations, performance, industry trends and growth opportunities. While management considers these assumptions to be reasonable, based on information available, they may prove to be incorrect.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Fund to be materially di"erent from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving cannabis; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; income tax and regulatory matters; the ability of the Fund to implement its business strategies; competition; and the other risks.
The foregoing factors are not intended to be exhaustive. Although the Fund has attempted to identify important factors that could cause actual actions, events or results to di"er materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to di"er from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could di"er materially from those anticipated in such statements. Accordingly, you should not place undue reliance on forward-looking statements due to the inherent uncertainty therein. All forward-looking information is expressly qualified in its entirety by this cautionary statement.
Forward-looking information and other information contained herein concerning management’s general expectations concerning the cannabis industry are based on estimates prepared by management using data from publicly available industry sources, as well as from market research and industry analysis and on assumptions based on data and knowledge of this industry which management believes to be reasonable. However, this data is inherently imprecise, although generally indicative of relative market positions, market shares and performance characteristics. While management is not aware of any misstatements regarding any industry data presented herein, industry data is subject to change based on various factors.
Photographs and images shown in this presentation are for illustration purposes only. As of the date of this presentation, the fund has not constructed nor does it own any facilities or equipment.
This Presentation may not be reproduced, further distributed or published in whole or in part by any other person. Any failure to comply with this restriction may constitute a violation of applicable securities law. Recipients are required to inform themselves of, and comply with, all such restrictions or prohibitions and the Fund does not accept liability to any person in relation thereto.
Executive Summary
New Waters Recovery North Carolina Fund, LP is a newly organized Delaware limited partnership (the “Fund”) formed to pursue an investment in New Waters Recovery North Carolina, LLC, a Delaware limited liability company (“New Waters
Recovery”). New Waters Recovery intends to identify, lease and upfit a facility out of which it will operate a private medical detox facility in the Raleigh-Durham region of North Carolina. The Fund’s general partner is Inveniam Healthcare, LLC, a Delaware limited liability company (the “General Partner”). The General Partner will make all management, investment and disposition decisions in respect of the Fund.
Raleigh-Durham is one of the fastest growing regions in the nation, becoming a highly competitive destination for tech startups and research-related businesses. The region is also anchored by three major research universities: North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill, as well as the cities of Raleigh and Durham and the town of Chapel Hill. Additionally, Charlotte, North Carolina is only two and a half hours away, allowing ready access to the most populous market in the state.
Substance abuse and co-occurring disorders such as depression and anxiety are at the forefront of a national
health crisis facing the United States. As a result, addiction treatment has rapidly become one of the most highly sought-after subsectors of healthcare services for investment as a multitude of key tailwinds at both the macroeconomic and microeconomic level have promoted the flow of private investor dollars into the sector. At present, we are experiencing one of the largest epidemics of our generation. Over the last twenty (20) years, North Carolina has been experiencing year-over-year consistent rise in opiate deaths. With the current Covid-19 pandemic and the abrupt stop in the global economy, we are at the precipice of a second wave of mental health and substance related consequences. We are seeing a massive increase in alcohol consumption, drug use and suicidal ideation as a result of job loss, toxic family dynamics and general uncertainty of the future.
Accessibility to substance abuse treatment continues to be a major barrier for those who struggle with addiction. In particular, the lack of access to medical detox programs, which safely remove substances and stabilizes patients. Currently, there are only three residential treatment programs within two hours of the Raleigh-Durham area and zero freestanding medical detox facilities. The three programs target the lower income demographic, utilizing in-network insurance and Medicaid. Such a model focuses on high volume, resulting in lower quality of patient care.
New Waters Recovery will be a boutique facility catering to high net worth families with the ability to cash pay or utilize private insurance with out-of-network benefits. By creating a smaller high-end product, New Waters Recovery will be the resource for those who value privacy and discretion in a time of crisis.
F U N D H I G H T L I G H T S
- Investment in a private medical detox facility in the Raleigh-Durham region of North Carolina.
- Raleigh-Durham is one of the fastest growing regions in the nation, becoming a highly competitive destination for tech startups and research related businesses.
- Medical Detox is one of the most highly sought-after subsectors of healthcare services for investments.
- Opportunity for long-term cash flow and significant growth
Offering Summary
THE FUND
THE FUND
New Waters Recovery North Carolina Fund, LP is a Delaware limited partnership (the “Fund”) formed to pursue an investment in New Waters Recovery North Carolina, LLC, a Delaware limited liability company (“New Waters Recovery”). New Waters Recovery intends to identify, lease and upfit a facility out of which it will operate a private medical detox facility in the Raleigh-Durham region of North Carolina.
THE MANAGER
THE MANAGER
The Fund’s general partner is Inveniam Healthcare, LLC, a Delaware limited liability company (the “General Partner”). The General Partner’s principal office is in McKinney, Texas. The General Partner will make all management, investment and disposition decisions in respect of the Fund.
The Fund’s general partner is Inveniam Healthcare, LLC, a Delaware limited liability company (the “General Partner”). The General Partner’s principal office is in McKinney, Texas. The General Partner will make all management, investment and disposition decisions in respect of the Fund.
TARGETED CAPITALIZATION
TARGETED CAPITALIZATION
The Fund is making an o"ering to potential qualified investors of Limited Partnership Units constituting capital commitments with a target of up to $8,000,000 in the aggregate.
The Fund is making an o"ering to potential qualified investors of Limited Partnership Units constituting capital commitments with a target of up to $8,000,000 in the aggregate.
PURCHASE PRICE
PURCHASE PRICE
$250,000 per Limited Partnership Unit - 32 Units o"ered
$250,000 per Limited Partnership Unit - 32 Units o"ered
MINIMUM PURCHASE AMOUNT
MINIMUM PURCHASE AMOUNT
The minimum purchase amount is $250,000 (1 Unit), although commitments of lesser amounts may be accepted from an Investor at the discretion of the Manager.
The minimum purchase amount is $250,000 (1 Unit), although commitments of lesser amounts may be accepted from an Investor at the discretion of the Manager.
INVESTOR QUALIFICATIONS
INVESTOR QUALIFICATIONS
The Fund only intends to o"er and sell Limited Partnership Interests to a limited number of investors that are “accredited investors,” as defined in Regulation D promulgated under the Securities Act.
The Fund only intends to o"er and sell Limited Partnership Interests to a limited number of investors that are “accredited investors,” as defined in Regulation D promulgated under the Securities Act.
DISTRIBUTIONS
DISTRIBUTIONS
Distributions generated from the cash flow of New Waters Recovery will be paid as follows:
a) 85% to the Limited Partners and 15% to the management company until cash distributions on a cumulative basis equals 100% of the Limited Partners capital contributions. b) Next, 75% to the Limited Partners and 25% to the management company until cash distributions on a cumulative basis equals 200% of the Limited Partners capital contributions. c) Next, 65% to the Limited Partners and 35% to the management company until cash distributions on a cumulative basis equals 300% of the Limited Partners capital contributions. d) Next, 55% to the Limited Partners and 45% to the management company until cash distributions on a cumulative basis equals 350% of the Limited Partners capital contributions, e) After cumulative distributions of 350% of the limited partners capital contribution have been paid, distributions will be allocated 50% to the Limited Partners and 50% to the management company.
Detox is the turning point that signals a desire and willingness to change.
IT’S THE FIRST STEP TO
TRANSFOR MING LIVES . . .
Detox is the turning point that signals a desire and willingness to change.
IT’S THE FIRST STEP TO
TRANSFOR MING LIVES . . .
What is Detox?
Detox is the process of healing in which substances are cleansed from the body in a medical setting. The goal is to help clients end their physical dependency on drugs or alcohol so they can begin treatment with a clear mind, physical energy and renewed hope.
The detox process is imperative to ensure safety and comfort levels for people undergoing the painful, and sometimes life threatening, symptoms and potential medical complications that result from ending substance use. It also helps clients manage the severe cravings, anxiety and overall discomfort that arise from removing toxins from the body. This occurs because long-term drug or alcohol abuse creates imbalances in the brain and body that a"ect behavior, mood, logic and more. Withdrawal is part of the reason why it's so difficult to achieve sustainable recovery and the main reason why so many addicts continue to use drugs or alcohol. Once toxins are safely removed, the client will transition into a 30 day residential program.
New Waters Recovery
MISSION
To transform lives and restore families through in individual clinical care, achieving long-term wellness from the devastating acts of addiction and substance abuse.
VISION
To create a new standard for patient care in the behavioral health industry through innovation and integrative practices.
HOW WE ARE DIFFERENT
- 2:1 Client to Staff Ratio
- Industry Experts and Licensed Clinical team
- Calming atmosphere that promotes rest and recovery
- 24/7 Medical Staff
- Complete Confidentiality
The Rise of Addiction
Substance abuse and co-occurring disorders such as depression and anxiety are at the forefront of a national health crisis facing the United States.
As a result, addiction treatment has rapidly become one of the most highly sought-after subsectors of healthcare services for investment as a multitude of key tailwinds at both the macroeconomic and microeconomic level have promoted the flow of private investor dollars into the sector.
THE NUMBERS
20.7 million
individuals (12 and older) battle a
Substance Use Disorder (SUD).
Only 19%
receive the treatment required.
40-60% relapse
rate for SUDS. Compounding the need
for cost effective and high-quality
platform providers.
Addiction Treatment
Addiction treatment services can be administered in a wide variety of settings but are primarily provided through specialized treatment facilities that focus on various levels of care, often
vertically integrated.
Addiction treatment services can be administered in a wide variety of settings but are primarily provided through specialized treatment facilities that focus on various levels of care, often
vertically integrated.
Treatment Types
| detox | therapy | support groups |
| inpatient | medication | transitional services |
| partial | management | co-occurring disorder |
| hospitalization | education | treatment |
| outpatient | relapse prevention | alumni/aftercare |
| counseling | programs |
According to SAMSHA 2018 study of individuals seeking treatment:
According to 2018 SAMSHA survey:
67,000 people
47.4%
were substance abuse primary
15.6%
were alcohol primary
37%
sough treatment for both
died from
opiate and substance use overdoses in 2018.
That number exceeds the total loss of
American life during the entire vietnam War.
Current Detox Factors
Accessibility
Accessibility to substance use treatment continues to be a barrier for most addicts. In particular, lack of access to medical detox programs, which safely remove substances and stabilize patients, are a crucial step in the recovery process and their ability to find long term recovery.
Mental Health + COVID-f9
We are experiencing one of the largest epidemics of our generation. With the current Covid-19 pandemic and the abrupt stop in the global economy, we are at the precipice of a second wave of mentalhealth and substance related consequences. We are seeing a massive increase in alcohol consumption, drug use and suicidal ideation as a result of job loss, toxic family dynamics and general uncertainty of the future.
Ripe Market
Our focus has been to identify a½uent markets lacking substance
use resources and build a network of medical detox facilities to
serve those who need to be medically detoxed in a safe and
comfortable environment.
Raleigh-Durham, NC is our entrance into the market.
Opiate Deaths
in North Carolina
WHY RALEIGH-DURHAM?
Fastest Growing
Raleigh-Durham is one of the fastest
growing regions in the nation, becoming a
highly competitive destination for tech
startups and research related businesses.
Target Demographic
New Waters Recovery will service what is
known as the “The Research Triangle”, a
region in North Carolina anchored by the
three major research universities of North
Carolina State University, Duke University,
and University of North Carolina at Chapel
Hill, as well as the cities of Raleigh-Durham,
Durham and the town of Chapel Hill.
Proximity to Charlotte
Charlotte, NC is two and a half hours away
giving us access to the largest market in the
state. We will provide pickup and
transportation to any clients within 3.5 hrs of
the facility helping alleviate barriers to
recovery.
HOLLYHILL HOSPITAL
- Low-income Focus
- Non-medical Detox
Durham, NC
TRIANGLE SPRINGS
TRIANGLE SPRINGS
- Low-income Focus
- High Volume, Hospital Based
- Low-income Focus
- High Volume, Hospital Based
Durham, NC
TRIANGLE SPRINGS
TRIANGLE SPRINGS
- Low-income Focus
- High Volume, Hospital Based
- Low-income Focus
- High Volume, Hospital Based
Greensboro, NC
Competitors
Currently there are three residential treatment programs within two hours of
Raleigh-Durham and zero freestanding medical detoxes. The programs listed above target the lower income demographic utilizing in-network insurance and Medicaid. This model focuses on high volume resulting in lower quality of care.
New Waters Recovery will be a boutique facility targeting high net worth families with the ability to pay out of pocket “cash pay” or utilize private insurance with “out of network” benefits. By creating a smaller high-end product, we will be the resource to those who value privacy and discretion in a time of crisis.
Differentiators
HOLISTIC
While at New Waters Recovery clients
will have the chance to incorporate
holistic treatments such as IV Therapy,
Meditation, Yoga and Biosound
Feedback.
NUTRITION
Our Executive Chef develops a dietary
plan for each client upon admission,
incorporating a holistic approach to food and its positive e"ects on the human body and mind.
INDIVIDUALIZED
Each client receives a deeply
customized treatment plan by working
with industry experts to help transition into the next phase of treatment.
Treatment Cost
The average detox length of stay is roughly 5-7 days. For projections, we are using 5-day length of stay since it is uncommon for a client to stay less than that.
31 Bed Medical Detox | Serving 186 clients at full capacity per month
- 22 Double Rooms- Cash pay Rate $1,000/day
- 6 Single Rooms- Cash pay Rate $2,000/day
- 3 Concierge Rooms- Cash pay Rate $3,000/day
Daily Insurance Bill Rate
- $3,300 per day
- We can expect on average $1,000/day for reimbursement
from payors *
*Depending on policy, coinsurance, substances used/amount and treatment history the reimbursement rate can vary. Some policies will reimburse up to $2,500/day. We based our data o" of past numbers from two 3rd party billing companies in the behavioral health field.
Cash Pay
Roughly 2/3 of those clients will be utilizing out of
network insurance and the rest will be cash pay.
*Please refer to paroforma for 3 year cashflow statements
Projection
Numbers
100%/ 7 5%/50%
CENSUS SCENARIO
100% Capacity- Financial Overview- 5 Day Length of Stay
Double Rooms- 132 Clients @1k/day- Total Revenue $660,000
• 22 Beds x 6 Episodes/Month= 132 Clients x $1,000 x 5
Single Room- 36 Clients @2K/day- Total Revenue $360,000
• 6 Beds x 6 Episodes/Month = 36 Clients x $2,000 x 5
Concierge Rooms- 18 Clients @ 3k/day- Total Revenue 270,000
• 3 Beds x 6 Episodes/Month = 18 Clients x $3,000 x 5
• 6 Beds x 6 Episodes/Month = 36 Clients x $2,000 x 5
Concierge Rooms- 18 Clients @ 3k/day- Total Revenue 270,000
• 3 Beds x 6 Episodes/Month = 18 Clients x $3,000 x 5
Monthly Revenue = $1,290,000
Annual Expenses = $4,512,000
Annual Net Revenue = $10,968,000
75% Capacity- Financial Overview- 5 Day Length of Stay
Double Room- 99 Clients @1k/day- Total Revenue $495,000
• 16.5 Beds x 6 Episodes/Month = 99 Clients x $1,000 x 5
Single Room- 27 Clients @2K/day- Total Revenue $270,000
• 4.5 Beds x 6 Episodes/Month = 27 Clients x $2,000 x 5
Concierge Room- 13.5 Clients @3k/day- Total Revenue $202,500
• 2.25 Beds x 6 Episodes/Month = 13.5 Clients x $3,000 x 5
Monthly Revenue = $$967,500
Annual Expenses = $4,067,832
Annual Net Revenue = $7,542,168
50 % Capacity- Financial Overview- 5 Day Length of Stay
Double Room - 66 Clients @1k/day- Total Revenue $330,000
• 11 Clients x 6 Episodes/Month = 66 Clients x $1,000 x 5
Single Room- 18 Clients @2K/day - Total Revenue $180,000
• 3 Beds x 6 Episodes/Month = 18 Clients x $2,000 x 5
Concierge Room- 9 Clients @ 3k/day- Total Revenue $135,000
• 1.5 Clients x 6 Episodes/Month = 9 Clients x $3,000 x 5
Monthly Revenue = $$967,500
Annual Expenses = $4,067,832
Annual Net Revenue = $7,542,168
Current Property
Current Property
UNDER NEGOTIATION
UNDER NEGOTIATION
3 3 0 1 A t l a n t i c A v e R a l e i g h , N C
3 3 0 1 A t l a n t i c A v e R a l e i g h , N C
Versatile creative building located within minutes of Duke Raleigh
Hospital. Convenient to North Raleigh, several upscale neighborhoods
and numerous restaurants, banks, shopping and business services
- 18,038 sf, two-story Building
- Vibrant Location on 1.83 Acres
Floor Plans
Currently working with architect, Erich Wilkinson and his team at Wilkinson Design
to complete scope of work for renovations and buildout.
DESIGN VISION
Our Team
Graham Doerge, Founder & President
Graham has spent the last ten years working in the addiction treatment field after battling substance abuse in his own life. In 2008, Graham entered treatment and started his journey in long-term recovery, ultimately discovering his calling to help others in the throes of addiction.
He began his career in the behavioral health field at the world-renowned Hanley Center in West Palm Beach, Florida and from there went on to run Business Development for the largest detox facility in South Florida. Most recently, Graham started a successful Men’s Young Adult Residential Program in Hobe Sound, FL as a Partner and the Director of Business Development & Admissions, responsible for building and implementing the marketing strategy and ultimately driving all revenue for the program. His experience building programs from the ground up has given him a proven track record of creating a premium program in the high-end market.
Currently he owns a consulting company, Ascent Recovery where he advises premier treatment programs on business strategy, marketing initiatives and clinical outreach and continues to build relationships with the top interventionists, educational consultants, psychiatrist and clinicians across the country. He is a trusted resource in the industry and a go to for countless high net worth families as this is more than a career for Graham. His passion is reflected in his unrelenting drive to deliver for every family he helps.
Graham has spent the last ten years working in the addiction treatment field after battling substance abuse in his own life. In 2008, Graham entered treatment and started his journey in long-term recovery, ultimately discovering his calling to help others in the throes of addiction.
He began his career in the behavioral health field at the world-renowned Hanley Center in West Palm Beach, Florida and from there went on to run Business Development for the largest detox facility in South Florida. Most recently, Graham started a successful Men’s Young Adult Residential Program in Hobe Sound, FL as a Partner and the Director of Business Development & Admissions, responsible for building and implementing the marketing strategy and ultimately driving all revenue for the program. His experience building programs from the ground up has given him a proven track record of creating a premium program in the high-end market.
Currently he owns a consulting company, Ascent Recovery where he advises premier treatment programs on business strategy, marketing initiatives and clinical outreach and continues to build relationships with the top interventionists, educational consultants, psychiatrist and clinicians across the country. He is a trusted resource in the industry and a go to for countless high net worth families as this is more than a career for Graham. His passion is reflected in his unrelenting drive to deliver for every family he helps.
Justin McLendon LCMHC, LCAS, Executive Director
Justin received a Bachelor’s degree in Psychology and a Master’s degree in Clinical Mental Health Counseling from South University in Royal Palm Beach, FL. As a licensed Clinical Mental Health Counselor (LCMHC) and a licensed Clinical Addiction Specialist (LCAS), Justin has worked in a variety of settings throughout his career including psychiatric acute stabilization, psychiatric Partial Hospitalization, and both inpatient and outpatient substance abuse treatment. Justin has extensive experience in both clinical counseling as well as program development and leadership.
Justin has assisted in the development and operation of several residential and outpatient substance abuse treatment programs and believes deeply in the relationship between access to quality clinical programing and the individual’s ability to be successful in their sobriety. Justin takes pride in working with individuals and families struggling with substance use disorders and helping them work toward freedom from the disease of addiction. Justin believes strongly in the integration of the family system into the recovery process.
Justin received a Bachelor’s degree in Psychology and a Master’s degree in Clinical Mental Health Counseling from South University in Royal Palm Beach, FL. As a licensed Clinical Mental Health Counselor (LCMHC) and a licensed Clinical Addiction Specialist (LCAS), Justin has worked in a variety of settings throughout his career including psychiatric acute stabilization, psychiatric Partial Hospitalization, and both inpatient and outpatient substance abuse treatment. Justin has extensive experience in both clinical counseling as well as program development and leadership.
Justin has assisted in the development and operation of several residential and outpatient substance abuse treatment programs and believes deeply in the relationship between access to quality clinical programing and the individual’s ability to be successful in their sobriety. Justin takes pride in working with individuals and families struggling with substance use disorders and helping them work toward freedom from the disease of addiction. Justin believes strongly in the integration of the family system into the recovery process.
Dr. Sara Koenig, MD, MBA, Medical Director
Dr. Koenig is triple board certified in Addiction Medicine, Clinical Pathology and Transfusion Medicine. Dr. Koenig graduated from the University of North Carolina School of Medicine in Chapel Hill in 2006, and after completing residency and fellowship in Transfusion Medicine, she spent the first 5 years of her career in academic medicine holding clinical faculty positions at UNC Chapel Hill and the University of New Mexico School of Medicine. In 2015, Dr. Koenig become the Chief Medical Officer at Albuquerque Health Care - an integrated, multi-specialty, federally qualified health center providing medical, psychiatric, dental, behavioral health, and social support services. Inspired by the transformations she witnessed in patients receiving compassionate, integrated treatment for addiction and mental health disorders, Dr. Koenig decided to re-dedicate her career to the cross-disciplinary specialty of Addiction Medicine.
Returning to Chapel Hill, Dr. Koenig worked as an Addiction Medicine physician at Piedmont Health Systems, providing consulting on opioid addiction treatment. She obtained advanced training in medical and behavioral treatment of substance use disorders, chronic pain, and commonly co-occurring psychiatric conditions at University of North Carolina in Chapel Hill. In the fall of 2019, Dr. Koenig earned the Health Practitioner Certification in the use of HeartMath technology for heart rate variability biofeedback in clinical practice. Dr. Koenig is qualified by the standards of the Marsha Linehan Institute to lead Dialectical Behavioral Therapy (DBT) skills, training, and is an active member of a local DBT consult-team in the Triangle area.
Dr. Koenig is driven with a passion of providing personalized, evidence-based integrative care for substance use disorders, behavioral addictions, and chronic pain in a compassionate and innovative multidisciplinary setting and is one of only a handful of board-certified Addiction Medicine doctors in the Triangle of NC.
Dr. Koenig is triple board certified in Addiction Medicine, Clinical Pathology and Transfusion Medicine. Dr. Koenig graduated from the University of North Carolina School of Medicine in Chapel Hill in 2006, and after completing residency and fellowship in Transfusion Medicine, she spent the first 5 years of her career in academic medicine holding clinical faculty positions at UNC Chapel Hill and the University of New Mexico School of Medicine. In 2015, Dr. Koenig become the Chief Medical Officer at Albuquerque Health Care - an integrated, multi-specialty, federally qualified health center providing medical, psychiatric, dental, behavioral health, and social support services. Inspired by the transformations she witnessed in patients receiving compassionate, integrated treatment for addiction and mental health disorders, Dr. Koenig decided to re-dedicate her career to the cross-disciplinary specialty of Addiction Medicine.
Returning to Chapel Hill, Dr. Koenig worked as an Addiction Medicine physician at Piedmont Health Systems, providing consulting on opioid addiction treatment. She obtained advanced training in medical and behavioral treatment of substance use disorders, chronic pain, and commonly co-occurring psychiatric conditions at University of North Carolina in Chapel Hill. In the fall of 2019, Dr. Koenig earned the Health Practitioner Certification in the use of HeartMath technology for heart rate variability biofeedback in clinical practice. Dr. Koenig is qualified by the standards of the Marsha Linehan Institute to lead Dialectical Behavioral Therapy (DBT) skills, training, and is an active member of a local DBT consult-team in the Triangle area.
Dr. Koenig is driven with a passion of providing personalized, evidence-based integrative care for substance use disorders, behavioral addictions, and chronic pain in a compassionate and innovative multidisciplinary setting and is one of only a handful of board-certified Addiction Medicine doctors in the Triangle of NC.
Desiree Susini, Director of Business Development
Desiree Susini, Director of Business Development Desiree has over 30 years of cross industry experience in business development, sales and marketing and has a true passion for connecting professionals and helping families. Desiree began her career at The Washington Post, working as an advertising sales assistant while pursuing her degree in Communications at George Mason University. During her 15-year tenure, she consistently performed in the top 10% of its 150-person sales team as well as winning a Publisher’s Award.
Having been personally touched by several family members needing behavioral healthcare services, Desiree decided to change career paths to continue helping others. She began her career at Willingway Hospital as a Regional Outreach Representative and went on to help found Welwynn Outpatient Center, an Intensive Outpatient Program for executives and professionals with substance use disorders. As an original member of the team, she helped launch and develop the Welwynn brand into one of the top programs in the country. From there, Desiree joined Acadia Healthcare, as a Treatment Placement Specialists covering the southeastern region of the US. Her role with one of the largest behavioral healthcare companies in the country was placing clients with substance use disorders, PTSD/Trauma, primary mental health, eating disorders, and chronic pain in programs both inside and outside of Acadia’s network of facilities.
Desiree is passionate about helping both clients and their family's transition throughout all levels of care and has developed relationships both locally and nationally and is well known in the recovery industry as the go to person to help families in the Triangle. She has consistently beat sales goals and grown the Carolinas territory to the most profitable in the company. Her existing relationships and experience with developing treatment programs will be extremely beneficial to the long-term success of New Waters Recovery.
Desiree Susini, Director of Business Development Desiree has over 30 years of cross industry experience in business development, sales and marketing and has a true passion for connecting professionals and helping families. Desiree began her career at The Washington Post, working as an advertising sales assistant while pursuing her degree in Communications at George Mason University. During her 15-year tenure, she consistently performed in the top 10% of its 150-person sales team as well as winning a Publisher’s Award.
Having been personally touched by several family members needing behavioral healthcare services, Desiree decided to change career paths to continue helping others. She began her career at Willingway Hospital as a Regional Outreach Representative and went on to help found Welwynn Outpatient Center, an Intensive Outpatient Program for executives and professionals with substance use disorders. As an original member of the team, she helped launch and develop the Welwynn brand into one of the top programs in the country. From there, Desiree joined Acadia Healthcare, as a Treatment Placement Specialists covering the southeastern region of the US. Her role with one of the largest behavioral healthcare companies in the country was placing clients with substance use disorders, PTSD/Trauma, primary mental health, eating disorders, and chronic pain in programs both inside and outside of Acadia’s network of facilities.
Desiree is passionate about helping both clients and their family's transition throughout all levels of care and has developed relationships both locally and nationally and is well known in the recovery industry as the go to person to help families in the Triangle. She has consistently beat sales goals and grown the Carolinas territory to the most profitable in the company. Her existing relationships and experience with developing treatment programs will be extremely beneficial to the long-term success of New Waters Recovery.
Thomas Hogshead, Director of Support Services - Operations
Thomas moved to New York City to start his career on Wall Street with Bear Stearns, UBS and as a Sr. VP for Madison Trading. With success in the financial world he started to struggle with substance use and felt moving out of New York would help bring stability into his life. Thomas continued to struggle until he ultimately entered treatment in March of 2008. Since finding long term recovery he has found his passion in helping others who struggle with addiction.
Thomas has lived in Raleigh-Durham, NC for twenty years and has worked in the recovery field for the last ten years. He has worked in the detox program at Healing Transitions for the past 7 years where this intense work with clients has provided him with an in-depth knowledge of the entire detox process from admission to the discharge referral.
As a longtime member of the Raleigh-Durham community, Thomas is regularly sought out for advice on treatment and recovery processes. He has been instrumental in navigating the local market, leveraging his relationship for staging, marketing and introductions to influencers in
Raleigh- Durham. Thomas’ treatment facility administration experience, connections to the community and dedication to helping people find and maintain recovery make him an essential part of the team.
Thomas moved to New York City to start his career on Wall Street with Bear Stearns, UBS and as a Sr. VP for Madison Trading. With success in the financial world he started to struggle with substance use and felt moving out of New York would help bring stability into his life. Thomas continued to struggle until he ultimately entered treatment in March of 2008. Since finding long term recovery he has found his passion in helping others who struggle with addiction.
Thomas has lived in Raleigh-Durham, NC for twenty years and has worked in the recovery field for the last ten years. He has worked in the detox program at Healing Transitions for the past 7 years where this intense work with clients has provided him with an in-depth knowledge of the entire detox process from admission to the discharge referral.
As a longtime member of the Raleigh-Durham community, Thomas is regularly sought out for advice on treatment and recovery processes. He has been instrumental in navigating the local market, leveraging his relationship for staging, marketing and introductions to influencers in
Raleigh- Durham. Thomas’ treatment facility administration experience, connections to the community and dedication to helping people find and maintain recovery make him an essential part of the team.
Dr. Tad Clodfelter, PsyD, Director of Psychology and Assessment
Dr. Tad Clodfelter completed his Post Doctorate work in Addiction Medicine at Columbia University in New York City. As a licensed Psychologist and leader in the addiction field for more than 20 years, he has become a go to resource for high net worth families in North
Carolina.
Dr. Clodfelter brings the experience and background to make New Waters Recovery one of the top providers in the country.
Dr. Tad Clodfelter completed his Post Doctorate work in Addiction Medicine at Columbia University in New York City. As a licensed Psychologist and leader in the addiction field for more than 20 years, he has become a go to resource for high net worth families in North
Carolina.
Dr. Clodfelter brings the experience and background to make New Waters Recovery one of the top providers in the country.
Robert Shaw, Healthcare Attorney
Robert is an experienced healthcare attorney with the firm Smith and Anderson in Raleigh-Durham, NC. Robert has a robust health care regulatory practice, including advising clients with respect to HIPAA, Anti-Kickback Statute, and Stark Law matters around the country. He
has advised health care clients with respect to CLIA certification, enrollment and credentialing issues, managed care organization relations, and Affordable Care Act compliance. He has broad experience with regulatory compliance issues faced by physician groups,
ambulatory surgical centers, hospitals, developmental disabilities providers, home health and hospice providers, substance abuse clinics, and mental health providers.
Robert will navigate the licensing and accreditation process for New Waters Recovery, leveraging his relationships in local government and community.
Robert is an experienced healthcare attorney with the firm Smith and Anderson in Raleigh-Durham, NC. Robert has a robust health care regulatory practice, including advising clients with respect to HIPAA, Anti-Kickback Statute, and Stark Law matters around the country. He
has advised health care clients with respect to CLIA certification, enrollment and credentialing issues, managed care organization relations, and Affordable Care Act compliance. He has broad experience with regulatory compliance issues faced by physician groups,
ambulatory surgical centers, hospitals, developmental disabilities providers, home health and hospice providers, substance abuse clinics, and mental health providers.
Robert will navigate the licensing and accreditation process for New Waters Recovery, leveraging his relationships in local government and community.
Letter From the Founder
Detox is a turning point that signals a desire and willingness to change...
When I entered treatment in 2008 I was scared, confused and most of all hopeless. My
inability to live a productive life had become overwhelming and I truly didn't know how I got to this place. Despite growing up in a supportive and loving household with every
opportunity imaginable, somehow I had squandered it all.
I was given the opportunity to go to detox and eventually admitted to a residential
treatment program that helped me identify the self destructive patterns that became my norm. After extensive treatment and my willingness to change everything, I started on the road to recovery.
I look back at the person now and it honestly feels like a dream. It has been an incredible amount of work and continues to be a lifestyle that I live and breath everyday. It has become my calling and my reason for being on this earth. In my recovery I found my purpose and I set out to give back what was so freely given to me.
My belief is that we have very few opportunities in life to make a significant impact on
our world, this is one of those opportunities. By embarking on this journey we will have
the chance at saving thousands of lives and to change family cycles that will last for
generations to come.
Thank you for your time and
consideration, Graham Doerge
MAGNOLIA RIDGE CAPITAL LLC
1005 Terminal Way Ste 270
Reno, NV 89502