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Better Life Partners provides multispecialty addiction care with a hybrid model of in-person and telehealth services. It focuses on opioid use disorder and alcohol use disorder, combining medication-assisted treatment (Suboxone), group therapy, mental and physical health care, and care coordination. Care is delivered through on-site and virtual access with local partnerships for same-day treatment, and it operates under a value-based care model that ties reimbursement to patient outcomes, contracting with Medicaid, Medicare, and most insurers. It serves New Hampshire, Maine, Vermont, and Massachusetts to expand access and coordinate physical health, behavioral health, and social support for people with substance use disorders.
Industries
Social Impact
Healthcare
Company Size
51-200
Company Stage
Series B
Total Funding
$26.5M
Headquarters
Hanover, New Hampshire
Founded
2018
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Total Funding
$26.5M
Below
Industry Average
Funded Over
1 Rounds
Industry standards
Remote Work Options
Better Life Partners expands into North Carolina with whole-person care for substance use disorders.
BOSTON, Aug. 29, 2023 (GLOBE NEWSWIRE) -- In its relentless pursuit of revolutionizing health outcomes for people with addictions, Better Life Partners (BLP), a virtual and in-person, community-embedded, whole-health solution for individuals and populations with substance use disorders (SUD), today announced the completion of a $26.5 million Series B funding round. Better Life Partners will use the new capital to further develop and scale its effective, technology-enabled care model for people with substance use disorders, while also expanding its population management services in new and existing markets.The round was co-led by aMoon, a global HealthTech fund, and existing investor F-Prime Capital, a global venture capital firm investing in healthcare and technology, with participation from existing investor, .406 Ventures, a top healthcare investor with deep expertise in building great businesses. Better Life Partners has raised $38 million since its founding in 2018 by Adam Groff MD and Steve Kelly.Unfortunately, millions of Americans today remain without true cost-effective access to addiction treatment, resulting in avoidable illness and, all too often, death. Better Life Partners uses a model that leverages community-embedded, high-access engagement, married with purpose-built technology and alternative-payment models, to drive effective and replicable outcomes across populations. The company offers a range of services to its members including specialty SUD treatment, mental and physical health care and care coordination, and is expanding into population health management
Virtual behavioral health provider Better Life Partners Inc. has raised $26.5 million in equity and options funding, according to public documents.
Better Life Partners, an addiction treatment center in New Hampshire, has hired Wendy Henoch as head of quality and compliance.
Better Life Partners expanded from New Hampshire to Vermont, Maine, and Massachusetts – its services built on a foundation of strong community partnerships that make care available to anyone in need.
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Industries
Social Impact
Healthcare
Company Size
51-200
Company Stage
Series B
Total Funding
$26.5M
Headquarters
Hanover, New Hampshire
Founded
2018
Find jobs on Simplify and start your career today