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. […]
Pediatric behavioral health provider The Stepping Stones Group has announced its purchase of in-school speech therapy company Catalyst Speech Language Pathology. Catalyst Speech provides services to more than 20 school districts in California. The Los Angeles-based provider was founded by Ji Kim in 2015. Following this acquisition, Kim will continue to lead Catalyst Speech as […]
Autism rates in the U.S. have increased substantially over the last decade. This has put pressures on autism service providers, which have struggled to find a workforce big enough to meet the demands. In response, autism service operators are employing new technology and training programs to help retain, recruit and optimize staff. At the same […]
The Stepping Stones Group, an autism and behavioral health provider, announced its plans to buy the Center for Behavioral, Educational and Social Therapies (CBEST) for an undisclosed sum. Los Angeles-based CBEST is focused on providing applied behavioral analysis (ABA) services. Founded by Shah Bahador in 2002, the center serves students who have neurodevelopmental or emotional […]
Autism and behavioral health provider The Stepping Stones Group announced its plans to purchase therapeutic behavioral health company HM Therapy for an undisclosed sum. Founded in 2006 HM Therapy is focused on providing pediatric behavioral health services. The California-based company is able to offer care in a variety of settings including in the home, in […]
Behavioral health business activity was on fire for another year in 2021, helped largely by a high demand for services among the public that shows no signs of abating any time soon. Transactions for behavioral health providers kicked off the year strong, with 35 deals registered in the first quarter (Q1) of 2021, according to […]
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 […]
Vertava Health acquires Integrated Addiction Care Associates Vertava Health has announced it has purchased outpatient behavioral health provider Integrated Addiction Care Associates (IAC), in a move that brings together two Tennessee operators. Financial terms of the deal were not disclosed. IAC offers medication-assisted treatment (MAT), intensive outpatient programs (IOP) and primary care services to residents […]
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