What You Should Know:
- Bicycle Health, the nation's largest provider of virtual opioid use disorder (OUD) treatment, today announced a $16.5 million funding round led by Questa Capital, with participation from all existing and new investor JSL Health.
- The investment comes on the heels of Bicycle Health achieving operating profitability in 2024, demonstrating the company's commitment to sustainable growth while addressing the ongoing opioid epidemic.
Addressing a Critical
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Opioid Prescriptions
New Tool Tracks Opioid Abuse & Dependence State by State
What You Should Know:
- Available on FAIR Health's website fairhealth.org, the Opioid Tracker includes a heat map representing the percentage of patients with opioid abuse and dependence diagnoses compared to all patients receiving medical services in 2023 for each state.
- Clicking on a state displays an infographic for that state. The infographic includes the top five procedure codes by utilization for opioid abuse and dependence, the top five procedure codes by aggregate allowed
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Pennsylvania Names Ophelia First Virtual-First Opioid Use Disorder Center of Excellence
What You Should Know:
- Ophelia, a leading provider of virtual care for opioid use disorder (OUD), has been designated as a Center of Excellence (COE) by Pennsylvania's Department of Human Services.
- The milestone achievement makes Ophelia the first statewide and virtual-first COE in the state, offering a critical new access point for Pennsylvanians battling addiction. By offering a virtual-first treatment model, Ophelia complements existing resources and expands access to
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Bamboo Health & Bicycle Health Partner to Enhance Telehealth Opioid Use Disorder Treatment
What You Should Know:
- Bamboo Health today announced an expanded partnership with Bicycle Health to enhance care collaboration for treating opioid use disorder (OUD) treatment, ahead of their upcoming participation at ViVE and HIMSS.
- Bicycle Health will leverage the company’s Pings™ and Spotlights™ solutions for real-time insights into the emergency department (ED) and acute inpatient care utilization for improved outcomes, as well as to understand the impact of
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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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4 Digital Health Tools for Combating Opioid Addiction in 2020 & Beyond
The human and economic statistics surrounding the opioid epidemic are staggering. According to the U.S. Department of Health and Human Services, 11.4 million people have misused prescription opioids, and more than 130 people die daily from opioid-related drug overdoses.Moreover, the Society of Actuaries found that the total economic burden of the opioid crisis in the United States from 2015 to 2018 was at least $631 billion. The organization attributed nearly one-third of that cost to extra
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How Innovations in Regional Nerve Blocks Are Helping Anesthesiologists Combat the Opioid Epidemic
Opioid abuse — as you know — has now become a national crisis, with the Centers for Disease Control and Prevention estimating a $78.5 billion annual burden on the American economy. What can be done?
Advancing better practices for pain management is a key strategy in the U.S. Department of Health and Human Services’ (HHS) plan for addressing this epidemic. This is where healthcare providers come in. If we can start our patients along a track that does not include the heavy use of opioids for
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Does Physician Dispensing Contribute To The Opioid Crisis?
According to the Center for Disease Control, an average of 130 Americans die every day from an opioid overdose. Although illicit opiates such as heroin and fentanyl are the primary drivers of the opioid crisis, prescription opiates still play a large role. The National Institute on Drug Abuse reports that 21-29 percent of patients who receive prescriptions for opioids will misuse the drug and 8 to 12 percent of opioid recipients will develop a disorder. Almost all heroin users have misused
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Georgia Integrates Prescription Drug Monitoring Programs with EHRs Statewide
Appriss Health announced that Georgia is integrating its prescription drug monitoring programs into EHR systems of all prescribers across the state with Appriss Health’s PMP Gateway solution. This is being made possible by a Centers for Disease Control and Prevention grant – so all prescribers can instantly access prescription drug monitoring program (PDMP) information directly in the clinical workflow.Substance use disorder (SUD) is estimated to affect 21 million people, according to a report
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