With hundreds of layoffs in the Autism Therapy space recently, there is an even more severe supply and demand imbalance. This imbalance is driving up labor costs which according to our President and Founder, Tim Saumier, is not something that just happened overnight.
“We’ve watched salaries elevate” over the last 10 years, Saumier said in an interview. “What happens when salaries elevate? People jump ship, they tend to move on. … But that causes issues of salaries artificially climbing. And that means companies are overpaying.”
This, in turn, collides with stagnant insurance rates for ABA and uneven reimbursement parity, Saumier said.
Read the full article, Why the Massive Investment in Autism Companies Created a ‘Ticking Timebomb’, here:
Why the Massive Investment in Autism Companies Created a ‘Ticking Timebomb’
