Behavioral Health Business June 10, 2024
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 improbable. On top of that, the proverbial corner office is where all of the problems autism therapy providers face come home to roost. Many of those challenges come from or tie back to the Sisyphean task of fighting staff churn in an ultra-competitive workforce environment complicated by inflation and lagging payer rates.
Just like any other role, employees tend to leave jobs in search of...