Burgeoning outpatient mental health digital platform Grow Therapy has partnered with digital therapeutics producer Big Health. The deal aims to drive more patients to Big Health’s suite of mental health-focused digital therapeutics. Additionally, Grow Therapy providers and patients can access high-tech tools that support patients between therapy sessions. “This partnership massively further allows us to […]
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 […]
Behavioral health provider Quartet has launched a new program in partnership with Medicare plan Clover Health (Nasdaq: CLOV) focused on serving patients with serious mental illness (SMI). As part of the partnership, Quartet will work with Clover’s Home Care division to provide services to members in Clover’s high-need cohorts. Specifically, Quartet will roll out its […]
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 […]
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, […]
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