>In recent years, private equity has taken a voracious interest in A.B.A. services, partly because they are perceived as inexpensive. Private-equity firms have consolidated many small clinics into larger chains, where providers are often saddled with unrealistic billing quotas and cut-and-paste treatment plans... Private-equity-owned A.B.A. chains have been accused of fraudulent billing and wage theft; message boards for A.B.A. providers overflow with horror stories about low pay, churn, and burnout.

Private equity takes a questionable medical service and makes it objectively worse. It would merely be depressing and tiresome except we are now talking about putting neurodivergent children and their caregivers into an increasingly hostile, exploitative, and extractive system so Blackrock and its ilk can put some more black on its balance sheet. Disgusting.