In the fight against substance use disorders (SUDs), a number of providers have been turning to contingency management (CM) services as a solution, and a new report from the government shows it is working. The idea of providing certain incentives to individuals for hitting treatment benchmarks has been backed by various published studies. Additionally, the […]
Contingency management has proven to be one of the most effective treatments for patients addicted to stimulants such as meth and cocaine. The practice — which rewards patients with money or prizes for hitting certain treatment milestones — has been shown to improve retention and abstinence rates. However, stigma and lack of reimbursement prevent many […]
Talkiatry Raises $20M in Series A Talkiatry has raised $20 million in Series A funding, the in-network psychiatric care provider announced Tuesday. That includes $5 million led by Sikwoo Capital Partners, which was previously announced in February, as well as another $15 million led by Left Lane Capital. Relevance Ventures and Dr. Richard Park, founder […]
In America today, the need for more substance use disorder (SUD) interventions is clear. In 2017, more than 70,000 people died from drug overdoses, and the alcohol-related death rate was twice what it was 20 years earlier. Those statistics don’t include nearly 20 million others who did not die but still battled SUD that year. […]
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