Private fairness buyers are backing all the main chains providing the nation’s hottest type of autism remedy, referred to as utilized conduct evaluation, or ABA. Now, nevertheless, there are indicators that these buyers could also be cooling on the business.
As a part of its investigation into the ways in which non-public fairness’s revenue fixation is short-changing youngsters with autism who depend on ABA remedy, STAT compiled a listing of a few of the largest autism remedy chains within the nation — and their backers. The reporting reveals that north of 60 non-public fairness companies, together with a few of the largest names like Blackstone and KKR, have collectively poured billions into the sector over the previous decade, with investments reaching a fever pitch within the latter half of the 2010s. That funding has remodeled ABA from a group of small, mom-and-pop clinics to a multibillion-dollar business wherein care is more and more offered by nationwide chains.
