‘Pandora’s Box Is Open’: The Future of the Behavioral Health Industry Includes AI-Powered Chatbots

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! A “pocket penguin” tells you that you are loved, cherished and cared for. This isn’t a child’s TV show, it’s a mental health chatbot. […]

Acadia Healthcare Adds to C-Suite; Bicycle Nabs One Medical Vet for COO Role

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 […]

Woebot Health Gets $9M Investment from Bayer AG, Brings Total Funding to $123M

Digital mental therapeutics provider Woebot Health has raised $9.5 million from Leaps by Bayer, the investment arm of global pharmaceutical and consumer health company Bayer AG. Founded in 2017, San Francisco-based Woebot Health uses artificial intelligence (AI) and a relational agent – dubbed “Woebot” – to provide mental health advice and solutions to users via […]

Digital Therapeutics Provider Woebot Health Raises $90M

Woebot Health — a digital therapeutics provider that specializes in mental health treatment — has raised $90 million in Series B funding, bringing its total funding raised up to $114 million. The company announced the news Wednesday. JAZZ Venture Partners and Temasek co-led the round, with additional participation from funds and accounts managed by BlackRock […]

AI-Delivered Support Shows Promise in Treating People Battling SUD

An artificial intelligence-powered app designed to help users manage their moods can also be helpful in the treatment of substance use disorder (SUD), according to a study recently published in the Journal of Medical Internet Research. The findings suggest artificial intelligence (AI) could play an important role in supplementing and improving SUD treatment in the […]