By Tom Schramski, PhD, CM&AA
Volume 3 Issue 13 June 21, 2016
The marketplace for intellectual/developmental disabilities (I/DD) services has become one of the largest and most diverse among US healthcare and human service systems. Until fairly recently, most financial buyers and similar investors have avoided this market because of concerns about the “concentration” of Medicaid reimbursement for more than 90% of eligible recipients.
These concerns have given way to significant investment by financial buyers, often in partnership with existing operators who have demonstrated great success in blending good quality services with progressive management practices, despite the dependence on Medicaid funding.
Why the recent investment enthusiasm? Here are eight good reasons:
Expect considerable opportunity for evolution in this market as well as improvement in the services offered to individuals with I/DD and their families. This emergence of a new generation of leadership gives us good reason to be excited about the future of services, along with growing investment in I/DD market infrastructure.
Tom was the Founder and Managing Partner of VERTESS. He was a Certified Merger & Acquisition Advisor (CM&AA), consultant, and Licensed Psychologist with over 35 years of very successful national experience in the healthcare marketplace, including co-founding and building a $25 million behavioral health/disabilities services company. Tom represented sellers and investors across the healthcare spectrum and was recognized for his executive leadership in the 2005 Entrepreneur of the Year issue of Inc. Tom passed away in December 2018.