In this episode of "Counsel That Cares," healthcare attorney John Arnold and Erika Haanpaa, a managing director at Cain Brothers, discuss mergers and acquisitions (M&A) trends in the behavioral health industry. Mr. Arnold and Ms. Haanpaa highlight increased investor interest in the sector, particularly in autism-related services and substance use disorder (SUD) treatment, along with labor challenges and wage inflation that have affected areas including applied behavioral analysis (ABA) therapy and intellectual and developmental disabilities (IDD) services. The speakers also examine the challenges that value-based care models face because of difficulties in measuring outcomes and aligning incentives acros ...