Behavioral Health Business December 15, 2023
The year 2023 saw several autism therapy organizations make dramatic — sometimes painful — adjustments to an evolving marketplace. And the landscape is set to shift even more heading into the new year.
While the echoes of the coronavirus pandemic fade, inflation and stagnant payer rates put the squeeze on providers. On top of that, leveraged autism therapy platforms faced the added stressor of exponentially higher interest rates, turning once affordable debt into a lead weight.
This caused a number of high profile stumbles.
The Center for Autism and Related Disorders (CARD) underwent a bankruptcy sale process. The company’s founder and long-time CEO, Doreen Granpeesheh, bought the company...
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