In the March issue of Spectrum News, The New England Center for Children (NECC) Founder and CEO Vincent Strully, Jr., contributed an opinion piece about the downside of private equity (PE) firms getting involved in autism services.
In his piece, “Private equity harms autism service market,” Strully warns that PE’s poor track record with nursing homes and health care signals an unhappy ending for the special education schools that serve children with autism and other developmental challenges. Strully shares that “there have been more than 200 acquisitions in the mental health area in the past 10 years” and “this will end badly” because it “will leave autism service providers in a worse position than before PE’s involvement, and children will bear the brunt of it.”
Read the full story here.