by Ethan Webb | Apr 22, 2026 | M&A
Key Takeaways Discovery Behavioral Health, one of the largest behavioral health platforms in the country and a Webster Equity Partners portfolio company, defaulted on $280 million in debt owed to Capital One and HPS Investment Partners under agreements originally...
by Ethan Webb | Apr 22, 2026 | Blog
Key Takeaways Independent ABA providers face a structural cash flow mismatch that banks are not designed to solve. Payroll arrives every two weeks. Insurance reimbursements take 30 to 90 days. That gap has pushed thousands of small practices into either operational...
by Ethan Webb | Apr 16, 2026 | Regulation
Key Takeaways Indiana’s Medicaid ABA program grew from $21 million in 2016 to $611 million in 2023, the fastest rate of growth of any state ABA program in the country. In January 2024, Indiana replaced an uncapped 40%-of-billed-charges model with a fixed fee...
by Ethan Webb | Apr 13, 2026 | Regulation
Key Takeaways MassHealth conducted a retrospective audit of calendar year 2024 ABA Medicaid claims and directed Carelon Behavioral Health to issue recoupment letters to Massachusetts providers in late February 2026, setting a 30-day payment deadline. Providers had 30...
by Ethan Webb | Apr 7, 2026 | Regulation
Key Takeaways Georgia ABA providers received a Notice of Material Amendment from CareSource Georgia on March 27, 2026, delivered by certified mail, reducing reimbursement for all covered services to 80 percent of the then-current Georgia Medicaid fee schedule for the...