The substance use disorder (SUD) treatment industry has a history as a scattered network of small cash-pay providers. It remains largely fragmented. Delray Beach, Florida-based Guardian Recovery has experience evolving from a founder-led, boutique provider to an expansive network of 17 physical facilities and virtual care options. The challenge for the provider now is to […]
Category: Substance Use
Eleanor Health, a company that offers “addiction treatment from the comfort of home” announced Monday that it has raised $30 million in its latest equity financing round. The Series D capital raise was led by General Catalyst, a multinational venture-capital firm that previously led Eleanor Health’s $50 million Series C funding round. General Catalyst’s wide-ranging […]
Opioid use disorder (OUD) disproportionately impacts Medicaid beneficiaries, yet structural barriers – including lack of available clinicians – often keep this population from receiving treatment. Virtual OUD treatment provider Ophelia has expanded its Medicaid reach by inking new reimbursement contracts that cover the lives of 3 million New Jersey residents. “We’ve been live and treating […]
Comprehensive care models are becoming a key focus for behavioral health providers. Workforce behavioral health provider Lyra is expanding its substance use disorder (SUD) offerings by launching treatment programs for cannabis, opioids, stimulants and nicotine. The company announced the expansion on Monday. “Oftentimes, [treatment options for SUD] lack integrated, evidence-based care that addresses mental health […]
Tikvah Lake Recovery changed for the better when it “got rid of the 20 year olds on their phones,” according to Adam Nesenoff. Nesenoff has co-owed Tikvah Lake with his father, David Nesenoff, since 2016. It is a residential addiction treatment center in Sebring, Florida. More specifically, it is a self-described luxury rehabilitation center, charging […]
A federal audit released last week found that, despite changes in the law, Medicare and Medicaid enrollees may not have access to medications for opioid use disorder (OUD). In assessing why swaths of the country have spotty or nonexistent access to the federally approved medications methadone and buprenorphine, the U.S. Department of Health and Human […]
For years, health systems have been teaming up with external providers to better serve the individuals entering and exiting their facilities. A prime example of this trend is post-acute care, with most of the nation’s large health systems now having robust home health and hospice strategies. To some degree, this trend hasn’t hit behavioral health […]
Lack of sleep can increase a person’s chance of developing hypertension, diabetes, heart attack and stroke. There’s an intrinsic link to mental health and well-being, too. Sleep loss and behavioral health conditions can lead to a feedback loop in which lack of sleep worsens behavioral health conditions, and behavioral health conditions lead to lack of […]
Youth opioid overdoses resulting in an encounter with emergency medical services (EMS) spiked significantly during the onset of the COVID-19 pandemic. These encounters have now largely stabilized, though they remain elevated compared to pre-pandemic rates, according to a new study published in JAMA Network. “Prehospital encounters for youth opioid overdoses were increasing prior to the […]
For the first time in 12 years, Meadows Behavioral Healthcare has a new CEO. The 47-year-old, Phoenix-based mental health and addiction treatment provider announced last week that Kate Renwick-Espinosa will take over for Sean Walsh, the company’s CEO since 2012. Walsh moves into a new role as board advisor. A company spokesperson declined to say […]