In a move designed to improve access to medication-assisted treatment (MAT), the U.S. Drug Enforcement Administration (DEA) is making it easier for qualified providers to remotely dispense methadone for opioid use disorder (OUD). A new final rule is making it possible. It streamlines the DEA registration process, cutting red tape for methadone MAT providers looking […]
Category: Substance Use
Bicycle Health snags $27M in Series A Bicycle Health — a provider of virtual opioid use disorder (OUD) treatment — has raised $27 million in Series A funding. Questa Capital led the investment, with additional participation from City Light Capital and Emily Melton, as well as previous investor SignalFire. Headquartered in Boston, Bicycle provides virtual […]
Frist Cressey Ventures — a venture capital fund co-founded by former U.S. Senate Majority Leader Bill Frist — has big plans in behavioral health. With current investments in substance use disorder (SUD) treatment and telebehavioral health, the firm is looking to dive deeper into the space and help propel a new wave of behavioral businesses […]
Talkiatry welcomes new chief technology officer The technology-driven behavioral health company Talkaitry has named Jared Camins as its chief technology officer. Camins arrives at Talkiatry from the hearing loss treatment company Lively, where he was its lead software engineer. He has also previously held tech positions with the health care companies Cityblock Health, Zocdoc and […]
Since the Stonewall Inn demonstrations of 1969 helped catalyze the LGBTQ+ rights movement, the U.S. has made many social and legal strides to treat LGBTQ+ individuals more fairly. Still, as the nation celebrates Pride Month more than 50 years later, many people continue to face stigma related to their sexual orientation, creating a unique set […]
Pear Therapeutics — which creates clinician-prescribed software to treat behavioral health conditions — is going public by way of a merger with a special purpose acquisition company (SPAC). The developer of prescription digital therapeutics (PDTs) announced Tuesday that it has entered into a definitive business combination agreement with Thimble Point Acquisition Corp. (Nasdaq: THMA), a […]
Two former substance use disorder (SUD) treatment professionals have pleaded guilty to participating in a multi-state kickback scheme, according to the Department of Justice (DOJ). The men — Michael Olshavsky, of Miami, and John Paul Linke, of Bristol, Tenn. — now face up to five years in prison each. Olshavsky and Linke conspired to pay […]
The Health Resources & Services Administration (HRSA) has opened up the application process for a new loan program that aims to help address the behavioral health workforce shortage. Through the $28 million Substance Use Disorder Treatment and Recovery Loan Repayment Program (STAR LRP), SUD professionals can receive up to $250,000 in eligible education loan repayment […]
The nation’s seemingly never-ending substance use disorder (SUD) epidemic continues to kill record numbers of Americans every year. The crisis has gotten so bad that providers are turning to novel strategies to help. In the Pacific Northwest, one tactical move in the battle against SUD comes not from a standalone treatment center, but from inside […]
Lawmakers in the U.S. House of Representatives have introduced a bill that would end federal criminal penalties for drug possession, shifting the focus instead to health-centered approaches. Co-sponsored by Reps. Bonnie Watson Coleman (D-NJ) and Cori Bush (D-MO), the Drug Policy Reform Act (DPRA) is the latest legislation to be introduced in Congress in response […]
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