The Federal Trade Commission’s recent actions against the digital behavioral health providers Cerebral and Monument are an expensive and very public reminder to all behavioral health providers to take caution when using digital tracking and other ad-tech tools. In April, the FTC released several complaints and orders, including fines and stipulations, to settle allegations about […]
The U.S. Federal Trade Commission (FTC) has banned virtual addiction treatment startup Monument from sharing patient health information with third parties for advertising purposes. Announced on April 11, this action settles several allegations raised by the FTC. It is the second such action taken by the FTC in the last few days. On April 15, […]
Want to read more content like this? Subscribe to Addiction Treatment Business today! The number of people who died from alcohol-related reasons per year increased by more than 40,000 within six years, new CDC data revealed. Yet, alcohol use disorder (AUD) remains overlooked in the substance use disorder (SUD) industry, which is laser-focused on the […]
Monument has purchased fellow digital alcohol recovery program Tempest for an undisclosed sum. The deal will give Monument access to Tempest’s resource library and community programming tools. The transaction is expected to help Monument expand its personalized and holistic care, according to a release. “Tempest’s commitment to changing the narrative around alcohol use disorder through […]
In the last few years, telehealth companies providing digital treatment services for substance use disorder (SUD) have reported seeing “tremendous” growth. That list includes Ria Health and Monument, which offer digital treatment services for alcohol abuse disorder (AUD). Representatives from the two companies recently reported that membership numbers are up, as are the number of […]
Monument — an online treatment platform for alcohol use disorder (AUD) — has closed on $10.3 million in Series A funding. It brings the startup’s total funding raised up to $17.8 million. Based in New York, Monument connects users to a free anonymous community, therapist-moderated groups and other resources to help them change their relationship […]
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