Mergers, Acquisitions and Private Investors and the Impact on Clinical Services and the Mission

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About the presentation: 

The field of Behavior Analysis has gone through monumental changes over the past decade,
substantially resulting from the continued rise in diagnostic rates and by the expansion of services funding options for families of individuals on the Autism Spectrum, which as of this year, now includes mandated commercial health insurance coverage in all 50 states.  These dynamics have substantially increased demand for services, driving expansion in BCBA programs educating new behavior analysts, an explosion in the number of new certificants, and a substantial increase in the numbers and size of for profit and not-for-profit organizations attempting to serve this rapidly growing demand.  These market factors have also substantially increased mergers and acquisitions and the interest of traditional healthcare services investors in the field, which has resulted in substantial private equity capital flowing into the companies serving the ASD community.
This presentation will explore the supply and demand dynamics driving this interest in the field, the implications of investment capital flowing into the field, and the pitfalls and the opportunities these dynamics represent for families, clinicians, and organizations.

Learning Objectives
At the conclusion of the presentation, the participants will be able to:

  1. Identify the economic factors impacting the increasing investment and M&A activities in the field of Applied Behavior Analysis.
  2. Identify some risks this activity might pose to the priorities of an organization and the
    contingencies that have the potential to interfere with mission focus and clinical excellence.
  3. Strategies to mitigate the risks posed by rapid growth, mergers, and private investment in an ABA organization.

About the presenter:

Lani left a 15 year career in logistics and technology related companies, and in 2009 he co-founded Trumpet Behavioral Health, a leading provider of Applied Behavior Analysis and related services to individuals diagnosed with Autism Spectrum Disorders. Since that time, Lani has been active in the ABA provider community, advocating for access to services and developing and sharing organizational and clinical standards. Lani was a founding board member and the first treasurer of The Council for Autism Service Providers (CASP), a nonprofit association focused on cultivating, sharing, and advocating for provider best practices in autism services. Lani has an undergraduate degree in Economics from Georgetown University and an MBA from the Stanford University Graduate School of Business.