Industry insiders projected that 2023 would be a year of reckoning for autism treatment providers. The reckoning is here. Major platform companies have made significant stumbles, and workforce challenges still plague the industry. All the while, payers continue to hold out on raising reimbursement rates for most autism therapies. Instead, payers eye value-based care arrangements. […]
The year 2022 saw several growing pains and tough lessons in the behavioral health industry. Two years after the onset of a world-altering pandemic, the behavioral health industry saw adjustments and reactions to a lot of new developments. The industry did so while grappling with several of its chronic headaches such as workforce shortages and […]
Dealmaking has made behavioral health one of the most interesting segments of the health care sector. And 2022 was no exception even after a historic 2021. Behavioral Health Business has identified a handful of deals that caught our eye as we look back at the year that was 2022. Not all of them are big-dollar […]
Outpatient mental health and autism treatment providers make up most of the behavioral health operators that appear on the latest Inc. 5000 list of the nation’s fastest-growing companies. Seventeen of the 23 behavioral health operators featured on the list of the nation’s fastest-growing companies were outpatient mental health and autism treatment providers, according to a […]
Charlesbank Capital Partners reportedly won out in an auction for the Austin-based Applied Behavior Analysis (ABA) therapy provider Action Behavior Centers LLC. Axios Pro reports that the Boston-based middle-market private equity firm reached a deal with Action Behavior Centers’ previous owner NexPhase Capital LP three weeks ago. Action Behavior Centers has an $840 million valuation […]
The autism therapy space got a shock to the system with hundreds of layoffs at major operators. With the demand in services growing, investors and operators have seen the autism space as a golden investment opportunity. However, this rash of layoffs reveals the opportunity in autism comes with deep-seated challenges. A severe supply and demand […]
New York City-based private equity firm NexPhase Capital LP could be looking to sell its stake in the autism services Action Behavior Centers. Axios Pro reports that NexPhase Capital is mulling a sale of the Austin, Texas-based Action Behavior Centers. NexPhase announced its investment in the Applied Behavioral Analysis and autism services provider in October […]
An estimated 1 and 44 children nationwide have autism spectrum disorder (ASD), with diagnoses having climbed by 10% since 2014. The need for therapy — along with infusions of private equity capital — has facilitated the growth of a $2.1 billion domestic autism care market, in which a number of providers have scaled up their […]
Acadia breaks ground on JV behavioral health facility with Geisinger Ground has been broken on a 96-bed, 73,000-square-foot inpatient behavioral health facility in Moosic, Pennsylvania that will be operated as a joint venture (JV) between Acadia Healthcare (Nasdaq: ACHC) and Geisinger Health System. Geisinger Behavioral Health Center Northeast will treat adult, pediatric and adolescent patients […]
Talkiatry appoints new chief growth officer Virtual psychiatric care provider Talkiatry has added to its executive ranks with the hire of Alex Kozersky as chief growth officer (CGO). As Talkiatry’s CGO, Kozersky will help the company expand its insurance partnerships in connection with a national roll out. Most recently, he was the chief sales officer […]
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
