The business of providing therapy to children with autism has surged in recent years across the U.S., fueled by taxpayer-funded Medicaid payments. Some companies have found lucrative opportunities to capitalize on the growing need for such care, sometimes outpacing regulators’ oversight, a Wall Street Journal analysis has found. The number of companies offering such therapy—individualized treatments meant to help patients manage behavior and develop daily living and social skills—almost doubled between 2019 and 2023. Direct payments from state Medicaid programs to autism therapy providers grew to $2.2 billion in 2023, from $660 million just four years earlier, according to the data.
Read the full article: The Boom in Autism Therapy Is Medicaid’s Fastest-Growing Jackpot //
Source: https://www.wsj.com/health/healthcare/autism-therapy-medicaid-payments-640aa435?mod=healthcare_news_article_pos1