The intellectual and developmental disability (IDD) field may be one of the most complex and fragmented segments of the behavioral health industry. That has not prevented IDD providers, however, from driving an impressive number of deals. That includes both for-profit and nonprofit organizations. “Having run and operated within all verticals of behavioral health, IDD is […]
Category: Autism/IDD
The Center for Autism and Related Disorders’ (CARD) bankruptcy was bad news for investors placing big bets in the autism therapy space. But there are upsides for the company. CARD’s new owners, Doreen Granpeeseh and Sangam Pant get a clean slate at the scaled autism therapy company. And it’s a company with which they are […]
KKR-backed autism therapy provider BlueSprig Pediatrics has acquired Lakewood, Colorado-based Trumpet Behavioral Health. The deal, announced on Wednesday, also includes Trumpet Behavioral Health’s sub-brands, Therapeutic Pathways and The Behavior Center. BlueSprig purchased Trumpet from New York City-based WindRose Health Investors, which acquired the company in 2017. The terms of the deal were not announced. Trumpet […]
Applied behavioral analysis (ABA) therapy has become one of the most notable behavioral approaches to autism treatment, offering different locations of care to fit the specific needs of patients. Capitalizing on ABA’s versatile modalities may be the safest bet when creating a sustainable business model. Patients with autism can receive ABA therapy at a clinic, […]
Cortica has extended its Series D funding round by an additional $40 million. The round comes amid a downturn in investment volumes in behavioral health. Both private equity and venture capital activity in health care has slowed down immensely. But Cortica has secured a total of $115 million in its Series D round. The company […]
People with autism are four times as likely to experience depression in their life than typically-developing peers. Despite the increased risk, people with autism or other neurodiversities often face significant obstacles when seeking mental health care. Barriers like clinicians’ lack of specialty training, staffing shortages and pitfalls with payers often prevent neurodiverse people from accessing […]
Substance use disorder providers caring for underserved populations could get a new boost in funding. Opioid manufacturers, distributors and other entities involved with the opioid epidemic will pay $56 billion over the next 10 to 20 years for their role in the crisis. That’s broken into several different settlement agreements, the largest being the $26 […]
The Center for Autism and Related Disorders (CARD) is now back under the leadership of its founder and former CEO. Doreen Granpeesheh and her business partner Sangam Pant acquired CARD out of bankruptcy in a deal involving a consortium made up of PE firm Audax Group and its portfolio companies. The deal — approved by […]
BrightSpring Health Service, which provides various behavioral and physical health services, is reportedly looking to file a $1 billion initial public offering (IPO). That’s according to a new report by Bloomberg News. This comes roughly two years after the Louisville, Kentucky-based organization filed the paperwork to go public. But last November, the company revealed that […]
The rate of autism diagnoses has skyrocketed in the last decade, shooting from 1 in 68 to 1 in 36, according to the CDC. Applied behavioral analysis (ABA) therapy has become one of the most notable behavioral approaches to autism treatment, but there’s no one-size-fits-all modality. Clinicians providing ABA therapy meet children with autism where […]