Autism Services Market Update
Published April 2024
The autism services sector continues to be one of the most active areas for investment across healthcare services. Despite a lackluster 2023 compared to prior years, a combination of favorable business fundamentals and demand dynamics continues to attract investor interest. Furthermore, outsized demand for services, increased incidence levels, expanded coverage, and heightened awareness all point to sustained future growth in the space. However, market headwinds remain, with staffing and stagnant reimbursement continuing to be the primary challenges facing the sector.
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- Rising Incidence Levels: Prevalence of ASD increased by 89% since 2010
- Outsized Demand: 75%+ of children seeking ABA therapy spend time on a wait list
- Expanded Insurance Coverage: All 50 states require meaningful insurance coverage
- Lacking Supply: BCBA demand has increased 8,000%+ since 2010
- Stagnant Reimbursement: Several payors across the country have not increased rates to offset rising wage pressures
Provident’s behavioral health coverage team is excited to release its Spring ‘24 comprehensive overview deck on the autism market, which includes key statistics, emerging trends, competitive landscapes, and valuation considerations. You can access a preview of the presentation below. To access the full presentation, please reach out to the Behavioral Health Coverage Team at behavioralhealth@providenthp.com.
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