Biden Initiatives Dampen Behavioral Health Deals, But ABA Therapy Remains Hot Target

The Biden-Harris administration announced new initiatives in December 2023 to combat “corporate greed in health care.” The initiatives will likely not directly block behavioral health deals, but headline risk has caused investors to “suddenly” become more cautious.  Behavioral health, and other provider categories that serve vulnerable populations, may experience less interest from large private equity […]

Merakey, Elwyn Call Off Deal to Create $1B Organization

The merger of the Pennsylvania-based nonprofits Merakey and Elwyn — which would have created a $1 billion-revenue organization — has been called off. While the two nonprofits declined to answer questions about why the tie-up didn’t materialize, a C-suite executive of Merakey told Behavioral Health Business that “both organizations mutually agreed to walk away from […]

David McIntosh Leaves Hopebridge, Dennis May Resumes Tenure as CEO

Hopebridge Inc.’s CEO, David McIntosh, is leaving the company. Its previous CEO, Dennis May, resumed his role, effective Tuesday. The Indianapolis-based autism therapy provider announced in April 2023 that McIntosh, the company’s then-president and chief operating officer, would take over the CEO spot on May 1, 2023. May started as CEO in 2016. Since leaving […]

Forta Raises $55M to Expand Parent-led ABA Therapy, Eyes Service Line Expansion

A startup that pays parents to become registered behavior technicians (RBTs) to treat their kids with autism has raised $55 million.  San Francisco-based Forta helps parents become RBTs with the Behavior Analyst Certification Board (BACB) and pays them from payer reimbursements for delivery services to their child. The company also provides an AI-backed tech stack […]

‘Parents Are Desperate’: Parent-Led ABA Provides Tantalizing Remedy to Autism Therapy’s Challenges

Parent-led applied behavior analysis (ABA) could relieve some of the most crippling challenges in the autism therapy industry. However, complicated questions about funding will likely prevent the widespread adoption of this little-practiced care delivery model. Sometimes referred to as parent-mediated ABA, advocates and experts described this model as a return to the roots of ABA, […]

Renovus Capital Partners Invests in ABA Provider Behavioral Framework

Applied behavioral analysis (ABA) provider Behavioral Framework received a new investment from private equity firm Renovus Capital Partners. Behavioral Framework plans to use the funds to professionalize and invest in its services as well as to onboard new leadership, CEO Kyle West told Behavioral Health Business. The company declined to share the specific amount of […]

Top Behavioral Health Trends for 2024

After a tumultuous 2023, 2024 may be a steadier year for the behavioral health industry. While behavioral health deals slipped in 2023, Behavioral Health Business expects M&A to pick up this year as interest rates fall and the economy stabilizes. Still, the M&A craze of 2021 is unlikely, and mega deals will be scarce. This […]

60% of IDD Providers Thinking About Shutting Down Services

The industry outlook for community-based intellectual and developmental disability (IDD) providers worsened in 2023. Poll data from the nonprofit advocacy organization American Network of Community Options and Resources (ANCOR) shows that 60% of professionals polled at 581 organizations that operate in 45 states and the District of Columbia said that their organizations were likely to […]

The ABA Staffing Strategies That Work — And The Ones That Fall Flat

Addressing the staffing shortage among autism service providers will likely require a multi-pronged approach. As rates of autism diagnosis have rapidly increased over the past few years, providers have struggled to keep up with the demand. Still, operators have successfully retained talent by building new career pathways for employees, increasing pay, and creating a meaningful […]