The substance use disorder (SUD) treatment industry has experienced significant challenges and breakthroughs in 2024, but a handful of providers are emerging as ones to watch in the coming year. The SUD dealmaking space has stayed stale thus far in 2024. While deals once flowed freely, only 10 closed in the first half of the […]
Bicycle Health
Fourteen percent of high school students say that they have misused prescription opioids, placing them at higher risk of overdose, mental health issues and suicide. While the number of teens using opioids has declined in recent years, a new virtual treatment option has emerged for some teens still struggling with opioid use disorder (OUD). Virtual […]
In case you missed it, Behavioral Health Business has launched a new specialty publication for professionals in the substance use disorder space. You can subscribe to Addiction Treatment Business here: Subscribe today! When it comes to digital health investing, it’s feast or famine for behavioral providers, driving some startups to make tough choices. In 2021, […]
Clinicians at substance use disorder (SUD) provider Bicycle Health won their union election in a landmark moment for the digital SUD industry. The National Labor Relations Board tallied votes on Monday, April 15 and found that 64% of ballots favored unionizing with the Union of American Physicians and Dentists (UAPD). “Today marks an important win […]
Providers are throwing caution flags on the field of virtual substance use disorder (SUD) treatment. Virtual SUD treatment boasts serious benefits, including convenience and accessibility, but not all patients are well-suited to receiving care through exclusively virtual means, industry insiders told Addiction Treatment Business. While virtual therapy may be the best fit for some patients […]
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 […]
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 […]
Virtual mental health provider Talkspace (Nasdaq: TALK) has inked a deal with digital addiction operator Bicycle Health to provide both companies’ patients with access to both therapy and opioid use disorder (OUD) treatment. More than 21 million adults have both a mental illness and substance use disorder (SUD), according to the 2022 National Survey on […]
Clinicians may not be fully aware of poppy seed tea, a novel opioid made using easily obtained unwashed poppy seeds. Poppy seed tea has similar risks to other opioids, including the potential for death, according to research led by Scott Weiner, Bicycle Health’s director of research and emergency physician. Patients who seek treatment for poppy […]
The number of U.S. fatal drug overdoses has more than doubled in the past eight years, with about 110,000 such deaths in 2022, according to the National Institutes of Health. The leading cause of death, by far, is fentanyl, which has gone from prescription pain reliever to a synthetic opioid furtively smuggled into the country, […]