Earlier in March, rumors swirled that applied behavior analysis (ABA) software company CentralReach was on the market and seeking a $1 billion valuation. Those rumors have quickly turned into reality. Roper Technologies Inc. (Nasdaq: ROP) announced Monday that it has reached a definitive agreement to buy CentralReach from Insight Partners for a net purchase price […]
Category: Autism/IDD
CEO transition at Ivy Rehab Ivy Rehab has named Jason Strauss its new CEO after the acting CEO, Michael Rucker, announced his plans to retire at the end of April. Strauss has 20 years of experience in the health care industry. Most recently, he served as CEO of ambulatory care provider SCA Health. His resume […]
Digital ABA software startup Motivity has raised $27 million to expand its team and accelerate product development. The Hawaii-based startup offers a software service that can collect data, provide analysis and offer reporting capabilities to support ABA therapy. The latest cash infusion will allow the company to expand its research and develop clinical decision-support tools. […]
Wait times are the manifestation of several parts of the autism therapy industry being out of balance. Despite the significant expansion of access to treatment service providers, the process of going from parent concern to diagnosis to treatment is slow-moving and full of opportunities for potential delay. This results in a nuanced system fractured along […]
Fort Lauderdale, Florida-based CentralReach, a dominant player in the autism therapy software world, is reportedly eyeing a sale and retained an investment bank. Business Insider reports that the William Blair & Co. is now working with CentralReach and seeking a sale at a valuation of $1 billion on $75 million in adjusted earnings. Both a […]
Boston-based The Stepping Stones Group has acquired Gallagher Pediatric Therapy for an undisclosed sum. Gallagher Pediatric Therapy, based in Fullerton, California, offers occupational and physical therapy in school, home and community settings. The company was founded in 1988 by Mary Kay Gallagher and Gene Riddle and serves children in school districts in Los Angeles and […]
Houston, Texas-based autism therapy provider BlueSprig Pediatrics has named a new CEO after being led by a chief transition officer for almost a year. On Wednesday, BlueSprig Pediatrics named Will Abbott CEO. Abbott was most recently the CEO of the value-based care-focused health care company InnovaCare Health. The CEO role opened up at BlueSprig when […]
New years bring new starts. That includes new legislative sessions, executive administration and potential changes to the regulatory landscape. The challenge of understanding state-level regulatory changes is multiplied 50 times over. Given the lack of a specific division within the federal government to oversee autism therapy, state providers must watch the patchwork of state rules […]
FullBloom, an academic, behavioral and mental health provider for schools, acquired school-based mental health provider CharacterStrong. The deal, announced on Wednesday, supports FullBloom’s increasing focus on mental health, according to the company. “Mental health has emerged as one of the most pressing challenges facing our schools and communities,” Jeffrey Cohen, CEO of FullBloom, said in […]
Nonprofit behavioral health provider Devereux Advanced Behavioral Health has acquired Strawberry Fields, a nonprofit provider of mental health, autism and intellectual disability care. Strawberry Fields will continue to operate as an independent legal entity but will have access to the larger organization’s systems and clinical model as an affiliate of Devereux. The acquisition will enable […]