Virtual opioid use disorder (OUD) provider Bicycle Health has laid off 15% of its workforce. The Boston-based company didn’t elaborate on the impetus for the move or which departments were impacted. Rather, a representative told Behavioral Health that the layoffs realigned resources to “direct patient care.” “We remain laser-focused on providing consistent and high-quality care […]
Category: Treatment Type
There are currently no treatments for a genetic anomaly that causes a type of autism spectrum disorder and Phelan-McDermid syndrome (PMS), an autism-related condition. Biotechnology company Jaguar Gene Therapy is launching the first human gene therapy trial to address the root cause of the condition. The therapy, called JAG201, targets the SHANK3 gene. Mutations in […]
EdTheory, a special education and K-12 mental services provider, has expanded into center-based applied behavioral analysis (ABA) services. The company, which also offers ABA therapy in schools, homes and via telehealth, is aligning its affiliate companies, Proficio Speech Therapy Group and AGES Learning Solutions, to launch a new ABA company, Proficio Therapy Services (PTS). Fairfield, […]
Higher education institutions have increasingly sought partnerships with behavioral health providers to address the stresses of college, spurring an influx of mental health companies taking advantage of the opportunity. Digital mental health provider UpLift is the latest to diversify into the higher education space. The company acquired TAO Connect, an online platform with mental health […]
Digital mental health company Tava polished off its Series B funding round, bringing the total raise for this round to $20 million. Salt Lake City, Utah-based Tava secured $16 million in January and recently secured an additional $4 million in a funding round led by Catalyst Investors. Its existing investors, Peterson Partners, Toba Capital and […]
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 […]
Unlike its virtual health competitors, Teladoc’s (NYSE: TDOC) subsidiary BetterHelp plans to focus on the direct-to-consumer marketplace. This tactic differs from its main competitor Talkspace (NASDAQ: TALK), which has refocused its efforts over the last two years on moving away from the direct-to-consumer market and towards more enterprise efforts. Others in the virtual care space, […]
SUD provider Ideal Option opens high-capacity addiction clinic Kennewick, Washington-based Ideal Option opened a 4,000-square-foot “flagship” clinic primarily designed to provide buprenorphine-based medication-assisted treatment (MAT). The clinic was partly funded through the American Rescue Plan Act through the City of Great Falls, Montana. “The grant funding from the American Rescue Plan Act allows us to […]
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 […]
Psychiatric care provider InSite Health raises $2.9M New Jersey-based InSite Health has raised $2.9 million, according to an SEC filing. The psychiatric care provider offers services for adults and children. It specializes in medication management, psychiatric evaluations, behavioral threat assessments, and psychotherapy. It treats patients with anxiety disorders, PTSD, addiction, depression, ADHD, autism and behavioral […]