Maine
A large audit finding, and no private-equity-owned clinics at all. This page is published because it is the clearest evidence that these audits are not measuring ownership.
This audit blames no owner, and neither does this page
The report audits Maine's Medicaid program, not any company. It names no provider and no ownership type, and the findings apply across every ABA provider billing the state. Nothing below should be read as saying private equity caused any part of it. In Maine that is not even arguable: Fundprint tracks no private-equity-owned clinics here at all.
The audit
HHS-OIG Audit Finds Maine Made At Least $45.6 Million in Improper Medicaid Payments for Autism Services
U.S. Department of Health and Human Services, Office of Inspector General · issued 2026-01-22 · payments examined: 2019-2023
- Children received services without the required comprehensive assessment, or with assessments missing required signatures.
- Session documentation lacked service descriptions, goals addressed, or data collected.
The report also records how fast this spending grew: $52.2M in 2019 to $80.6M in 2023. That growth is the reason the programme is being audited at all, and it is the same growth that made the sector attractive to buyers.
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Who owns the clinics in Maine
None that Fundprint can trace to a private-equity owner. Maine has 34 ABA locations in the federal provider registry and this project attributes none of them to a private-equity firm. That may change if a platform we have not yet covered operates here. As published, it is a state with a major audit finding and no private-equity footprint, and it is the reason this series cannot be read as a story about ownership.
THE CONTROL CASE. The second-largest finding in the series sits in a state where Fundprint tracks zero private-equity-owned clinics. It is published for exactly that reason: it is the state that most clearly shows these audits are not measuring private-equity ownership.