2023 has been a tumultuous year for the behavioral health space. Macroeconomic headwinds, including rising interest rates plus unrest in Eastern Europe and the Middle East, has slowed dealmaking. Additionally, many providers have struggled to raise more capital as investors tighten their purse strings. At least two major companies in behavioral health care have filed […]
PE-backed Health Connect America acquires Specialized Youth Services of Virginia Health Connect America Inc., a Palladium Equity Partners-backed platform, continues its behavioral health M&A expansion efforts with its sixth add-on investment since August 2021. At that time, New York City-based Palladium acquired Franklin, Tennessee-based Health Connect America from Harren Equity Partners. Its latest target, Petersburg-based […]
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. […]
Invo Healthcare will shutter several applied behavior analysis (ABA) subsidiaries, Behavioral Health Business has learned. The company is altogether leaving the home-based and center-based autism therapy segments to focus on its legacy offering: school-based behavioral health services, including ABA. Officials with Invo Healthcare have said publicly and within the company that its efforts to overcome […]
Opened ABA provider opens new Illinois location Northbrook, Illinois-based Autism Home Support Services (AHSS), a provider of applied behavioral analysis (ABA) therapy services, has opened a new location in Rockford, Illinois. The new center will provide one-on-one, small group and social skills therapy to children 18 months and older with autism spectrum disorder (ASD), according […]
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