What You Should Know: - Gainwell Technologies, a leading innovator in healthcare technology solutions, has partnered with top academic institutions to drive research addressing some of the nation’s biggest healthcare challenges. - Using Gainwell’s advanced research platform and de-identified Medicaid claims data from select clients, Stanford concluded that 30 percent of patients prescribed opioids for the first time developed a dependency. This is a critical finding in the search for
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Opioid Epidemic | EPCS | News, Analysis, Insights
Enacting Care Coordination Policy to Curb the Drug Epidemic
The U.S. has reached a grim milestone with an estimated 107,622 drug overdose deaths in the United States during 2021. With a post-pandemic spotlight on mental health and substance use disorder challenges, Congress and the Biden administration are working on multiple plans to address these issues. Earlier this year, the Biden Administration sent its first national drug control strategy to Congress, which focused on two pillars, one of which centered on addressing untreated addiction.
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Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment
What You Should Know: Bicycle Health, a Boston, MA-based provider of virtual opioid addiction treatment raises $50M in Series B funding led by InterAlpen Partners, bringing the company’s total funds raised to $83 million. Other participants in the round include existing investors Questa Capital, Frist Cressey Ventures, and City Light Capital. Evidence-based, online suboxone treatment for opioid addiction Founded in 2017, Bicycle Health provides confidential, convenient and
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Outdated Pain Models & The Rise of New Science on Chronic Pain
More than 50 million adults in the United States – more than 20% – suffer from chronic pain, and more than 19.6 million adults have pain that interferes with their lives more days than not. The estimated cost of chronic pain is $635 billion – more than heart disease and cancer combined – due to the number of days missed from work, treatment costs, and other factors. Chronic pain is the leading cause of disability, but the current pain treatment system isn’t working. This is because it hasn’t
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Infrastructure Funding Will Improve Broadband Access for Telehealth & Combat Opioid Epidemic
The recently passed federal funding for infrastructure improvements signals a boon for healthcare providers and will expand access to care via telehealth. Once an ancillary functionality, telehealth is now a critical component for delivering patient care and the bill’s funding will expand the reach of high-speed internet, improving access for patients at a time when more rely on internet connectivity for their healthcare than ever before. However, as a board-certified physician in
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Learning from Financial Fraud Detection to Tackle Opioid Abuse Amid COVID-19
Despite falling from its prominent place in the headlines, America’s opioid crisis is still raging. Anxiety, stress, depression, and isolation caused by the pandemic have contributed to substance use disorders. At the same time, the Drug Enforcement Administration has loosened prescribing restrictions, including waiving the requirement for in-person visits and allowing clinicians to prescribe controlled substances via telemedicine alone. Given these conditions, it is not surprising that over
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Bicycle Health Raises $27M for Virtual, Evidence-Based Opioid Use Disorder Treatment
What You Should Know: - Bicycle Health, a Boston, MA-based virtual care provider of evidence-based treatment for opioid use disorder, today announced a $27 Million Series A investment led by Questa Capital with participation from City Light Capital, Emily Melton and previous investor SignalFire. - In addition, Bicycle Health is announcing national in-network insurance coverage from UnitedHealthcare, Aetna, Medicare and Medicaid in select states, helping to make
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Groups Recover Together Nabs $60M for Value-Based Care Platform for Opioid Addiction Treatment
What You Should Know: - Groups Recover Together (Groups), a national leader in value-based care for opioid addiction treatment, today announced it has raised $60 million in Series C financing. Oak HC/FT led the round, joining existing investors Bessemer Venture Partners, Transformation Capital, RRE Ventures, Optum Ventures and Kaiser Permanente Ventures. - The latest financing will support the expansion of Groups’ treatment model from locations in 12 states to at least 17 states by the end
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VA Taps Appriss for Drug Monitoring to Curb Substance Abuse
What You Should Know: - The Department of Veteran Affairs is working with
Appriss Health to tackle the veteran opioid epidemic via drug monitoring. - The tool will give VHA prescribers more complete clinical information, including controlled substance prescription histories, for patients, helping clinicians identify and prevent prescription drug misuse, resulting in better-informed care decision-making and improving patient safety. Appriss
Health, a provider delivering
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VA Announces First Cerner EHR Go-Live at Mann-Grandstaff VA Medical Center
What You Should Know: - Cerner today announced the historic and successful
first deployment of a modern EHR at Mann-Grandstaff VA Medical Center in
Spokane, WA. - The go-live marks the first time in history three federal departments (VA, DOD, and USCG) are using the same EHR. Cerner Corporation today
announced the historic and successful first deployment of a modern electronic health record
(EHR) at Mann-Grandstaff VA Medical
Center in Spokane, WA. The go-live marks the first
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