Positive development, a development therapy supplier for children with autism, announced Wednesday that it raised $ 51.5 million in Funds in Serie C.
The company of the company based in McLean, Virginia, is based on interventions based on development relationships (DRBI), which focuses on training and helping parents to form significant interactions with their children through development “, Exchanges Knights. This model is intended to help a child to communicate better, learn, solve the problem and regulate emotions.
With a positive development, patients and their families have access to a clinical support team and support sessions for parents, as well as a personalized care plan. Most of the attention is provided at home, thought services in the center are also available. The company works with most of the main insurers, including Aetna and UnitedHealthcare.
The Ronda de la Serie C was directed by Amoon, B Capital and Flare Capital Partners, and included the participation of Digitalis Ventures and HealthWorx, Carefirc’s innovation and investment arm. Positive development has raised more than $ 100 million to date.
“The positive development capacity to improve the results and reduce the total cost of care is directly aligned with Amoon’s mission to associate with exceptional partners who are moving forward in solutions that will transform medical care and help people live healthier, said Dr. Tomer Berkovitz, Amoon’s management partner, in a statement.” Its unique development therapy models offers accessibility and affordability of the systems in the desperate need for changes and their extensive extensions. Success.”
The financing will be used in a few key areas, according to Mike Esters, co -founder and positive development CEO. This includes expansion within existing geographies and new geographies. Currently, the company has locations in California, Oklahoma, Texas, Maryland, New Jersey, Florida and Illinois. In the coming years, understandings expect to triple their services in existing locations and expand to five to 10 additional states.
The company will also use the funds to advance in its technology and marriages associations with health plans and state programs in Medicaid by expanding its value -based payment models, they said points.
Autism diagnoses are drastically increasing. Currently, approximately one in 31 children in the United States has autism. Most suppliers use the analysis of applied behavior (ABA) to treat those with autism, but this can cost more than $ 50,000 per child annually with long waiting times, according to masking.
“The market is crying for alternatives that are clinically effective, profitable and scalable. We are in a unique position to help solve this problem,” he argued.
“The difference is fundamental: ABA focuses on the modification of behavior, while the intervention based on the development relationship focuses on the construction of relationships and support for natural development,” he added. “We are focused on helping our clients develop their unique strengths and skills through the relationship of trust.”
A company that provides ABA services is curtic, which also sacrifices speech therapy and language, occupational therapy, advice and other services. Recently he raised $ 80 million led by Morgan Health and Nexus Neurotech Ventures.
Ultimately, positive development expects to “make development therapy affordable and accessible to all, everywhere,” Enders said.
Photo: TAW4, Getty Images