The Business of Autism: Private Equity, Medicaid & the Cost of Care

The Business of Autism: Private Equity, Medicaid & the Cost of Care

August 28, 2026 · 13 min · Episode 258

About this episode

The episode discusses the growth of Medicaid spending on autism treatment and the role of private equity in the ABA therapy market.

Health Affairs Publishing's Jeff Byers welcomes Dan Arnold of Brown University to discuss the rapid growth of Medicaid spending on autism treatment and the expanding role of private equity-backed providers in the applied behavior analysis (ABA) therapy market. He explores the drivers behind rising costs, emerging concerns about care quality and fraud, and the challenge of balancing oversight with continued access to services for families. Related Links: The Business Of Autism Treatment: Private Equity Implications For State Medicaid Programs ( Health Affairs Forefront ) Sign up for Health Affairs' free newsletter to catch up on our new articles, podcasts, and events.

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