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Bicycle Health, a Boston-based startup that offers virtual treatment for opioid addiction, raised $5 million in new venture capital funding, Axios reports. Telehealth can reduce the stigma that precludes many people with addiction from seeking care, in addition to its lower costs and higher convenience.
1. U.S. employers brace for steepest health insurance cost hike in a decade
2. Centene Corp. to lay off 2,000 amid Medicaid and Medicare pressures
3. Judge upholds Biden rule on ESG considerations in retirement plans
4. Cigna faces second lawsuit over alleged automated claims denials
5. Bed Bath & Beyond ex-employees sue for $5 million in 401(k) losses
6. Kaiser union announces large-scale strike dates after contract talks stall