Receiving opioid use disorder-related telehealth care during the COVID-19 pandemic was associated with lower odds of medically treated overdose and better retention using medications like methadone and buprenorphine, according to a study published in JAMA Psychiatry.
The research used data from Medicare fee-for-service beneficiaries ages 18 and older who had received a diagnosis for opioid use...
Virtual opioid use disorder treatment startup Bicycle Health scored $50 million in a Series B funding round led by InterAlpen Partners.
Other participants in the round include existing investors Questa Capital, Frist Cressey Ventures and City Light Capital. The Series B brings Bicycle's total raise to $83 million, building on a $27 million Series A announced in June 2021.
WHAT IT DOES
Bicycle...
The alarming scale of the opioid use disorder (OUD) epidemic has resulted in unprecedented human and economic devastation, and there is significant opportunity for digital tools to alter the gold standard of care to one that is ongoing and on-demand.
The epidemic has only worsened since the onset of COVID-19, given heightened economic instability, social isolation, disruption to transportation...
axialHealthcare, maker of a platform for managing substance use disorder (SUD) patients, has closed $15 million in Series C funding. The raise was headlined by the Nashville company's existing investors, a list that includes Oak HC/FT, .406 Ventures, BlueCross BlueShield Venture Partners and Sandbox Advantage Fund.
WHAT THEY DO
Founded in 2012, axialHealthcare's earlier iteration focused on...
