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Digital substance use disorder (SUD) provider Boulder Care has raised $35 million in a Series C round, bringing the company’s total raise to roughly $85 million. Boulder plans to use the funds to deepen its presence in existing markets, expand into new markets, build out its clinical team and continue fostering partnerships, Boulder CEO Stephanie […]
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Bradford Health Services’ newly minted CEO, Rob Marsh, is no stranger to the behavioral health industry. Before coming to the substance use provider, Marsh spent the last two and a half years at the helm of 360 Behavioral Health, one of the largest autism providers in the country. His resume also includes stints at some […]
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Three southeastern substance use disorder (SUD) treatment providers have merged to form Tulip Hill Healthcare. The merger consolidates Tennessee-based Tulip Hill Recovery with two Kentucky-based SUD treatment centers, Louisville Addiction Center and Lexington Addiction Center. The move positions Tulip Hill for future growth, with Tulip Hill executives planning to open three new facilities in the […]
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Legislators recently introduced the “Comprehensive Addiction Resources Emergency (CARE) Act,” aimed at combating the substance use epidemic. The $125 billion bill would direct the Department of Health and Human Services (HSS) to establish treatment standards, programs and grants to address substance use disorders (SUDs), including opioids and stimulants, over the next decade. “The CARE Act […]
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Involving families in substance use treatment has long been considered beneficial, but the substance use disorder industry’s oncoming shift to value-based care may make them indispensable. Family programming can decrease the chances of relapse and provide a common language for family members to communicate about addiction, but most payers do not cover these services. Still, […]
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Nashville, Tennessee-based Landmark Recovery will be allowed to operate addiction treatment facilities in Indiana again after reaching a settlement agreement with state regulators. The Indiana Division of Mental Health and Addiction (DMHA) revoked licenses at three of the company’s four facilities — in the cities of Mishawaka, Carmel and Bluffton — after patients died and […]
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Opioid addiction disproportionately affects rural communities, with 42% of rural residents reporting they or a family member have experienced opioid addiction, according to KFF Health News. Rising overdose death rates in rural areas have been called a cause for concern by the CDC. Despite this, opioid use disorder (OUD) treatment remains scarce in rural spaces, […]
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The Biden administration has allocated $1.5 billion to state and trial opioid response efforts. That breaks down to $1.48 billion for states, territories, and the District of Columbia and $63 million for tribes to address the opioid epidemic. Funds can be used for prevention, harm reduction, opioid use treatment, including medication for opioid use disorder […]
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In case you missed it, Behavioral Health Business has launched a new specialty publication for professionals in the substance use disorder space. You can subscribe to Addiction Treatment Business here: Subscribe today! Prescriptions for buprenorphine, a medication-assisted-treatment (MAT) used to treat opioid use disorder, are increasing at community health centers (CHCs). New research published in […]
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Addiction Provider Hope River Ranch Raises $16.7M
By Laura Lovett| May 1, 2024In case you missed it, Behavioral Health Business has launched a new specialty publication for professionals in the substance use disorder space. You can subscribe to Addiction Treatment Business here: Subscribe today! Substance use disorder provider Hope River Ranch has raised $16.7 million in equity funding, according to public records. The Park City, Utah-based organization […]