Autism therapy provider NeurAbilities Healthcare has a new CEO after its prior leader resigned in April. The Voorhees, New Jersey-based company tapped former Fresenius Medical Care executive Andrew Holstein to the CEO position, according to a LinkedIn announcement earlier this month, following the departure of Kathleen Stengel, the company’s CEO since 2018. “Drew brings decades […]
It’s no secret that there is a steep supply-and-demand issue for applied behavior analysis (ABA) services nationwide. The industry is relatively new, which means the pool of qualified professionals is still small compared to the need. There are less than 70,000 board-certified behavior analysts in the U.S. Still, autism impacts 1 in 36 children, according […]
The transition of three high-profile CEOs within the autism therapy space highlights the pressure that top executives are under to defy the odds in the face of enormous challenges. Private equity investors’ expectations to meet or beat multiples set when valuations were previously sky-high are putting CEOs in positions that require them to achieve the […]
The CEO and founder of NeurAbilities Healthcare, an autism therapy provider, announced her resignation. After a five-year tenure at the helm of NeurAbilities, Kathleen Stengel stepped down from her role as CEO earlier this month, according to her LinkedIn. “I have mixed emotions today—of pride, excitement, and yes, some sadness too—as I share my decision […]
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, […]
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 […]
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. […]
Value-based care in autism therapy doesn’t exist in a meaningful way. Several industry challenges create an urgent need for innovation in payment models. Stagnant fee-for-service rates and workforce pressures are at the forefront of those issues. Common value-based care challenges, like tracking and quantifying value, have also stymied many conversations. Yet, this type of innovation […]
Long-stagnant fee-for-service rates in the autism therapy space could stunt its potential as an industry and lock out innovation. With key exceptions, autism therapy providers across the board have seen payer rates trending flat for years with some payers attempting to push rates down, according to more than a dozen provider, investment, legal and accreditation […]
Applied behavioral analysis (ABA) is a relatively young field. Unsurprisingly, there is still a lot of variation when prescribing and reimbursing ABA hours. Each payer sets its own reimbursement parameters, and providers across the country each have their own assessments. While some industry insiders call for more standardization, others are looking to technology to help […]
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