Bicycle Health Reaches Profitability Milestone, Secures $16.5M for Sustainable Growth and M&A

Virtual opioid use disorder (OUD) treatment provider Bicycle Health has achieved profitability after abandoning its “growth at all costs” mindset and streamlining its business model. The company is now set for long-term, disciplined growth, including acquiring other providers, founder and CEO Ankit Gupta told Addiction Treatment Business. Bicycle will use funds from a new $16.5 […]

DEA Releases Special Registration Framework, Telehealth Final Rule

Substance use disorder (SUD) treatment providers who prescribe medications for opioid use disorder (MOUD) via telehealth received some good news on Wednesday. The Drug Enforcement Administration (DEA) and the Department of Health and Human Services (HHS) announced a final rule that allows clinicians to prescribe buprenorphine via telehealth or audio-only telehealth visits for up to […]

Almost Half of Patients Entering Opioid Treatment Already Take Buprenorphine 

Medication-based treatment is the gold standard for treating opioid use disorder (OUD) – yet patients often struggle to access it. Some people seeking buprenorphine, one type of MOUD, turn to diverted medications, which are prescriptions not originally intended for that person. New research shows that almost half of patients who enter virtual OUD treatment were […]

Addiction Treatment in 2024: Navigating Privacy Challenges, Telehealth Shifts, Reimbursement Reforms

The landscape of substance use disorder (SUD) treatment in 2024 was a tapestry of challenges, technological disruptions and unexpected breakthroughs. A staggering data leak exposed the personal information of 100 million patients. Economic pressures forced some SUD providers to retreat from certain state markets, and long-anticipated regulatory changes were once again delayed, leaving the industry […]

8 SUD Treatment Companies to Watch in 2024

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 […]

‘Investors Are Hungry To Find the Best’: It’s Feast or Famine in Digital Behavioral Health Investing

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, […]

Bicycle Health Clinicians Unionize in Landmark Move for Digital Addiction Treatment

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 […]

Virtual Treatment Alone Can’t Solve Substance Use Disorder Epidemic, Experts Warn

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 […]