Aetna leads $25M funding round in addiction recovery telehealth company

MAP Health Management, a startup that provides virtual addiction recovery support, cinched a $25 million Series A funding round March 7, led by Aetna.

MAP was founded in 2011 to provide people with substance use disorders access to phone and video support sessions from certified peer recovery specialists. The company plans to use the new funding to expand its geographical reach and enroll patients through emergency care providers, primary care providers and pharmacies, not just through addiction treatment providers. MAP began its partnership with Aetna four years ago to help Aetna members achieve long-term recovery from alcohol and drug addiction.

“After eight years of successful operations, MAP is very excited to welcome Aetna as an investor to enhance the company's capacity to accomplish its critical mission," Founder and CEO Jacob Levenson said in a press release. "The human toll of the opioid and addiction epidemics is totally unacceptable. MAP is in an excellent position to have considerable impact on this chronic disease from which over 23 million Americans suffer."


More articles on telehealth:

UVA Children's Hospital unveils app for follow-up care, remote patient monitoring
Florida hospital to launch 3 telehealth sites at Publix pharmacies amid rebranding
Behavioral health telemedicine company buys mental health app

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Webinars

Featured Whitepapers