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The Biden-Harris administration’s proposed budget for 2025 includes substantial funding to support access to substance use disorder (SUD) treatment and prevention. The proposed budget aims to build upon these efforts by allocating $21.8 billion to combat the surge in overdose deaths nationwide. The budget allocates substantial resources specifically to combat the opioid overdose crisis, building […]
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Nearly One-Third of OTPs are Owned by Private Equity Firms
By Chris Larson| March 19, 2024There are 562 opioid treatment programs (OTPs), colloquially called methadone clinics, that are owned by private equity-backed providers, according to a new analysis by STAT. The analysis also finds that this represents “nearly one-third” of all OTPs. It further contends that private interests are gaining an outside influence in the industry. It was conducted as […]
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Nearly one million adults aged 65 and older reported a substance use disorder (SUD) in 2018, according to a survey conducted by the Substance Abuse and Mental Health Services Administration (SAMHSA). Special attention is required for seniors, age 65 and older when it comes to the prevention and treatment of substance use disorders (SUD). If […]
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Whether or not a patient is getting in-network substance use disorder care could play a significant role in their treatment retention. A new study published in Health Affairs by substance use disorder provider Ophelia found that 72.3% of its patients with in-network benefits stayed in treatment for at least 180 days. Meanwhile, only 48.1% of […]
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The Biden-Harris administration on March 6 unveiled plans to allocate close to $50 million towards bolstering opioid treatment and recovery services in rural areas across the United States. The announcement is in line with the White House’s mission of tackling the ongoing opioid crisis, which has disproportionately affected rural communities in recent years. According to […]
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When Peter Loeb co-founded Lionrock Recovery in 2010, the business of treating substance use disorders (SUDs) was very different. SUDs were stigmatized as taboo addictions, drug laws were stricter and models like Lion Rock charging clients for telehealth visits had not started. At the same time, there were fewer acute problems around SUDs – the […]
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Want to read more content like this? Subscribe to Addiction Treatment Business today! Private equity-backed substance use disorder provider Summit BHC has acquired Sobriety Centers of New Hampshire. This marks the SUD provider’s first move in the New England market. Sobriety Centers of New Hampshire offers detox programs, intensive outpatient programs (IOPs), partial hospitalization programs (PHPs), outpatient […]
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Want to read more content like this? Subscribe to Addiction Treatment Business today! Clinicians at opioid use disorder (OUD) treatment provider Bicycle Health have filed to unionize with the Union of American Physicians and Dentists (UAPD). Bicycle Health told its workers in an email that the company was working with the National Labor Relations Board […]
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Want to read more content like this? Subscribe to Addiction Treatment Business today! The number of people who died from alcohol-related reasons per year increased by more than 40,000 within six years, new CDC data revealed. Yet, alcohol use disorder (AUD) remains overlooked in the substance use disorder (SUD) industry, which is laser-focused on the […]
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HHS Privacy Rules for Addiction Treatment May Add Headache for Providers
By Chris Larson| February 27, 2024Want to read more content like this? Subscribe to Addiction Treatment Business today! The newly finalized 42 CFR Part 2 rule, focused on the privacy rights of patients seeking addiction treatment care, creates new opportunities and risks for behavioral health providers. The federal government released the finalized rule at the beginning of the month. It’s intended to […]