Verbal Beginnings expands its in-person services into a new state Columbia, Maryland-based autism therapy provider Verbal Beginnings is expanding its center-based early intervention business into Virginia. The company currently operates six locations in Maryland, the only state where it does so. It offers in-home services in Delaware, Maryland, Pennsylvania, Virginia and Washington, D.C. The new […]
After eight years working in the Indiana public schools as a speech-language pathologist (SLP), Ashley Whitaker decided to focus on helping children diagnosed with autism. “Speech is one the first symptoms people recognize in individuals with autism,” Whitaker told Autism Business News. She found a mentor in Janine Shapiro, a speech-language pathologist who had gone […]
The Future Leaders Awards program is brought to you by Behavioral Health Business, a WTWH Media health care brand. The program is designed to recognize up-and-coming industry members who are shaping the next decade of behavioral health, home health, hospice, senior housing and skilled nursing care. To see this year’s Future Leaders, visit https://futureleaders.agingmedia.com/. Katie […]
Ideal Option opens new MAT clinic Outpatient addiction treatment provider Ideal Option opened a new clinic in Great Falls, Montanna. The new clinic will provide buprenorphine-based medication-assisted-treatment (MAT) to individuals with substance use disorder (SUD). The American Rescue Plan Act partly funded the new clinic. “The grant funding from the American Rescue Plan Act allows […]
LifeStance Health names Quartet, Teladoc veteran as CMO LifeStance Health (NASDAQ: LFST) appointed Ujjwal Ramtekkar as chief medical officer. Ramtekkar is charged with maintaining high-quality, personalized care. “Dr. Ramtekkar is an experienced physician executive with a demonstrated track record of driving exceptional patient and clinical outcomes,” Ken Burdick, chairman and CEO of LifeStance, said in […]
Indiana’s state government plans to impose steep cuts to Medicaid rates for some autism therapy services. The move is out of step with present rate trends but may be a harbinger for other cuts as payers nationwide seek to bring growing autism therapy spending to heel. In Indiana alone, Medicaid spending on autism therapy services […]
Stepping Stones Group, which is a multi-state provider of services to children with autism and other behavioral needs, is reportedly up for sale. PE Hub reported Thursday that the organization’s parent company, Five Arrows Capital Partners, has recently initiated a competitive sale process for the provider that is aimed exclusively at private equity buyers. Investment […]
Mergers and acquisitions (M&A) among behavioral health providers dipped a bit in the third quarter (Q3), but the sector is still poised to close out 2021 on a high note. Across the behavioral health care spectrum, 25 transactions occurred in Q3 2021, according to a report released by M&A advisory firm Mertz Taggart. The number […]
Amwell acquires two virtual health care companies After hinting last year at its intentions of acquiring a behavioral health startup, Amwell (NYSE: AMWL) has acquired two virtual care providers, one of which specializes in mental health. The Boston-based telehealth company announced that it has purchased SilverCloud Health and Conversa Health for a combined $320 million. […]
Cerberus Capital Management has agreed to buy Lighthouse Autism Center from Abry Partners for a reported value of more than $400 million, according to PE Hub. In reporting the news, the publication cited four sources with knowledge of the deal, which it said is nearing completion. Based near South Bend, Indiana, Lighthouse provides center-based applied […]
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