Acadia Healthcare Co. Inc. names new C-suite member Franklin, Tennessee-based Acadia Healthcare Co. Inc. (Nasdaq: ACHC) named Judith Scimone its chief human resources officer. She will report to company CEO Chris Hunter. In her new role, she is tasked with developing and advancing Acadia Healthcare’s people strategy and helping it become the “premier employer of […]
Bicycle Health
The Drug Enforcement Administration (DEA) released a temporary rule extending COVID-era telehealth flexibilities from the end of the public health emergency (PHE) on May 11 to Nov. 11, 2023. The extension allows clinicians prescribing controlled substances over telehealth to continue to do so for another six months. Patients that initiate care on or before Nov. […]
The proposed telehealth-prescribing rules from the Drug Enforcement Administration (DEA) could require digital addiction providers to fundamentally change their business model and limit patient access to virtual addiction treatment. These new rules will likely hit patients with the least access to status quo treatment models the hardest, especially for access to medication-assisted treatment (MAT). “Roughly […]
The new telehealth restrictions proposed by the Drug Enforcement Administration (DEA) last week struck a sour chord with several industry stakeholders. Many industry insiders condemned the move as out of touch and even dangerous, jeopardizing telehealth models’ effectiveness in behavioral health. Still, the proposal is not set in stone, and parts of it could change […]
Substance use disorder (SUD) startup Bicycle Health has joined forces with medical provider Wellpath and the Federal Bureau of Prisons (FBOP) on a new partnership to treat opioid use disorder (OUD) at reentry centers. As part of the deal, Bicycle Health will provide its virtual medication-assisted treatment (MAT) program to individuals living in FBOP’s Reentry […]
In 2023, substance use disorder (SUD) executives forecast retaining and recruiting challenges, more modality flexibility, deeper adoption of data and value-based care and shifting regulatory frameworks. Behavioral Health Business reached out to top executives in the substance use disorder space to get their insights on two key questions — What will be the defining market […]
Recently, three virtual medication-assisted treatment (MAT) startups have released research findings that demonstrate telehealth has been key to retaining patients and improving care outcomes. The companies — Bicycle Health, Quit Genius and Ophelia Health — are burgeoning behavioral health tech companies that have secured major venture capital funding and have grown significantly during the federal […]
Bicycle Health, a virtual medication assisted treatment (MAT) provider, added an additional $5 million to its $50 million Series B raise. This brings the Boston-based provider’s total raise to $83 million. Cobalt Ventures, the strategic venture arm of Blue Cross and Blue Shield of Kansas City, invested the additional funding. Bicycle Health was founded in […]
Higher acuity patients, behavioral health parity and prescribing uncertainty will continue to define addiction treatment in 2022 and beyond. That’s according to several operators queried by Behavioral Health Business. As the country begins to unwind from the several temporary measures prompted by the public health emergency (PHE), the addiction treatment space will see a new […]
Bicycle Health, a virtual opioid use disorder (OUD) treatment startup, announced Thursday it joined Evernorth’s enormous behavioral health network. Evernorth, the health services business of Bloomfield, Connecticut-based health insurance behemoth Cigna Corp (NYSE: CI), now grants access to Bicycle Health’s services to all of its clients and to the Cigna employer or marketplace exchange plan […]