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Autism Care Startups See Rising Investment, Navigate Insurance Hurdles
By Laura Lovett| February 13, 2025After a few rocky years, investors are beginning to pour capital into the autism service industry. In the first two months of the year the autism therapy industry has seen a slew of deals. For example, in January Already Autism landed private equity investment and then purchased multiple providers including CABS Autism and Behaviour Specialists […]
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Autism Providers Forecast ‘More Stability in the Workforce’ in 2025
By Chris Larson| February 10, 2025Autism therapy providers have described workforce trends with out-of-character positivity when analyzing the year that was in 2024. That’s not to say that it was all peaches and cream. Sky-high turnover and workforce-driven margin degradation keep their dominating positions as the industry’s chief concerns. However, several executives Autism Business News contacted for this story described […]
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PE Firm Nautic Partners Buys Proud Moments ABA
By Chris Larson| February 10, 2025Providence, Rhode Island-based private equity firm Nautic Partners has acquired Proud Moments ABA. Previously held by the PE firm Audax Private Equity, the Boston-based autism therapy provider traded effective Feb. 3, according to a news release. The terms of the deal were not announced. Proud Moments ABA grew significantly during its time as an Audax […]
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3 IDD Nonprofits Merge Services to Beat Inflation, Expand Services
By Morgan Gonzales| February 7, 2025Three behavioral health organizations that serve people with intellectual and developmental disabilities have agreed to merge. The Maine-based nonprofits — GMS, Uplift and Independence Advocates of Maine (IAM) — announced Feb. 3 that they would merge. The nonprofits cited workforce shortages, rising operational costs, shrinking reimbursement rates and increasing competition as drivers of the deal. […]
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A technology flub within the TRICARE West region has put immense distress on autism therapy providers who care for military families. As far back as mid-December, several sources have told Autism Business News that nearly all health care providers are unable to use the platforms that TRICARE West region contractor, TriWest Healthcare Alliance, provides to […]
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Coral Gables, Florida-based Acorn Health has laid off staff and closed a handful of clinics. The autism therapy provider reworked the structure of its regional management, streamlining its middle management within the company’s management corps. The company says that the move impacted “less than 25 employees.” Acorn Health outright closed its locations in Salem, Virginia, […]
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Already Autism Health announced Jan. 29 that it acquired C.A.B.S Autism & Behaviour Specialists. The terms of the deal were not announced. Based in Itasca, Illinois, C.A.B.S Autism & Behaviour Specialists offers applied behavior analysis (ABA) to children and young adults in one clinic in Illinois and three in Georgia. This is the third deal […]
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Already Autism Health Lands PE Investment, Buys Commonwealth ABA
By Chris Larson| January 27, 2025Already Autism Health has acquired Commonwealth ABA and secured the backing of three investment firms. The Charlotte, North Carolina-based autism therapy company is primed for and has already executed a growth strategy that includes M&A. The news comes amid a flurry of dealmaking activity in behavioral health, especially autism therapy, in early 2025. Already Autism […]
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Prosper Health has raised $16.2 million for its virtual mental health platform focused on caring for neurodivergent populations. The Weston, Florida-based provider specializes in providing services exclusively to “autistic and neurodivergent adults,” according to its website. Founded in 2023, Prosper Health is targeting an underserved but rapidly growing population that may not be well served […]
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BrightSpring Sells IDD Business to Sevita for $835M
By Morgan Gonzales| January 21, 2025Health care provider BrightSpring (Nasdaq: BTSG) is divesting its behavioral health business, which includes care for people with intellectual and developmental disabilities (IDD). Sevita, another home and community-based care provider, paid $835 million to acquire the service arm. Louisville, Kentucky-based BrightSpring announced the deal on Monday, saying that selling its behavioral service arm, ResCare Community […]