Private equity has entered the ABA services game with great fervor, making a tremendous impact on the field as a whole. In this episode, Mike and Dan take a close look at some 'crisis' elements created by the infusion of private equity and an aim to generate revenue, at times at the expense of the quality of services and client outcomes. At the same time, it can be discerned that ABA practitioners had developed some less than desirable habits prior to private equity, but certainly exacerbated now by the focus on fiscal health over developmental integrity. Moreover, while one would expect private equity to help make services more accessible, this episode also explores the tendency for private equity to turn a profit, then take the money and run, leaving clients and professionals alike with no recourse.
This brew delivers a lot of different flavors and aromas, so be prepared. As always, we promise a smooth finish to wrap up this topic and hint at a continuation episode, as their is much to explore and reconcile within this idea of 'ABA in Crisis.'
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