BBetter Life Partners runs multispecialty medical care with a hybrid model that combines in-person and virtual visits to deliver addiction treatment. It treats opioid use disorder and alcohol use disorder using medication-assisted treatment with buprenorphine/naloxone, plus group therapy and coordinated mental and physical healthcare. The company differentiates itself through value-based care—reimbursed based on patient outcomes—and by partnering with local organizations to bring care into communities, enabling rapid same-day access. Its goal is to improve health outcomes for people with substance use disorders by expanding access to integrated, outcome-driven care and reducing barriers to treatment.
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$26.5M
Headquarters
Hanover, NH
Founded
2018
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Total Funding
$26.5M
Below
Industry Average
Funded Over
1 Rounds
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Burlington, Massachusetts-based addiction treatment provider Groups Recover Together has acquired Better Life Partners. The transaction
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.
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$26.5M
Headquarters
Hanover, NH
Founded
2018
Find jobs on Simplify and start your career today
We update Better Life Partners's jobs every few hours, so check again soon!Browse all jobs