Flychain and Oasys will refer group behavioral health practices to each other, pairing scheduling, notes, and billing with bookkeeping and CFO tools.
Key Takeaways
- Group practices tend to outgrow their tools at 15 to 20 clinicians. At that size, Flychain’s Chief Executive says, payroll becomes one number and profitability by clinician or payer goes dark.
- The Flychain and Oasys partnership is a two-way referral deal. Flychain referrals get 20 percent off Oasys and Oasys customers get a free month of Flychain, with no financial terms disclosed.
- Oasys now markets its AI-native EHR to group practices. The New York company raised $4.6 million in January and has since moved supervision and other group workflows to the front of its pitch.
- Flychain keeps adding software partners across ABA and behavioral health. Oasys follows a May partnership with Opus and joins a directory of more than two dozen companies.
A behavioral health group practice usually grows for a while before its software starts to show the strain. Ethan Schwarzbach, Chief Executive Officer and Co-Founder of Flychain, has put a rough number on the moment: somewhere between 15 and 20 therapists, he wrote on LinkedIn this week, the tools that carried a practice that far stop keeping up. Payroll turns into a single figure, nobody can say which clinicians or payers are profitable, and billed revenue no longer reconciles neatly with what reaches the bank.
His company’s answer is a partnership with Oasys, a New York company that sells practice management software to group behavioral health practices. In Schwarzbach’s telling, the division of labor is simple. Oasys handles scheduling, notes, billing, and supervision, and Flychain handles the financial side.
How the Flychain and Oasys Partnership Works for Group Practices
The arrangement runs in both directions. Practices that reach Oasys through Flychain get 20 percent off, according to Schwarzbach’s post, and Oasys lists Flychain in its member perks program with one free month of service. Neither company issued a press release, disclosed financial terms, or said whether the two platforms will exchange data directly.
The pairing fits Flychain’s argument about where small practices lose sight of their numbers. The company sells bookkeeping, tax planning, an AI CFO, and working capital, all built on data broken out by clinician, payer, and billing code. When Flychain began as a lender, Schwarzbach told Acuity in April, the books it reviewed were so often miscategorized that underwriting turned into guesswork. “There was a 90 to 95 percent rate of asking ourselves: what are we looking at?” he said. Its capital products were pitched as an alternative to merchant cash advances, the kind of short-term financing that topped the creditor list when Zoe Center for ABA filed for Chapter 11 in May.
Oasys Behavioral Health EHR Shifts Its Focus to Group Practices
Oasys was founded in 2024 by Hashem Abdou, its Chief Executive Officer, with Raffay Rana and Dawit Fasika. In January it announced $4.6 million in funding, including a $4 million seed round led by Pathlight Ventures, MedCity News reported. Abdou framed the company then around making therapy more measurable, with data from wearables feeding into clinical care. Its site still offers wearable integrations, but it now leads with group practices: supervision workflows with double sign-off, role-based permissions, and analytics on clinician utilization and retention.
Flychain’s Healthcare Finance Partner Network Spans ABA and Behavioral Health
Oasys joins a roster Flychain has been building through 2026. In May, Flychain announced a partnership with Opus, an EHR for substance use disorder and behavioral health treatment providers. Its partner directory lists more than two dozen companies, among them Motivity, which agreed in May to acquire the practice management system Calmanac; Office Puzzle; the ABA revenue cycle company Camber; and the payroll company Viventium. Flychain told Acuity in April that it served more than 300 ABA practices.
The gap the two companies are describing is a familiar one in behavioral health, where the data usually exists across several systems but rarely in one place an owner can read it. Schwarzbach closed his post by thanking Abdou and the Oasys team.
