THE MIRROR OF MEDIA

Lucid Lane Funded $16M to Expand the Real-time Medication Services


Medication

Lucid Lane is a supplier of well being companies aimed to assist folks dwelling with remedy dependency. The corporate’s companies cope with mental health remedy, ache aid, opioids, and benzodiazepine administration. And relapse prevention, thereby enabling sufferers to scale back their ache and enhance psychological wellness.

Lucid Lane funded $16 million led by Accel with Battery Ventures, AME Cloud Ventures, Morado Ventures, and strategic angel funding.

The corporate intends to make use of the funds on a number of enhancements, together with its robust analytics engine that brings personalised and context-sensitive remedy and assist in real-time. It has additionally expanded its companies to handle a broader spectrum of wants.

Hundreds of thousands of individuals in America are prescribe opioids and benzodiazepines to ease bodily ache and psychological well being challenges.

The issue is complete and sophisticated. Nonetheless, at its core is the necessity to constantly mix medical, behavioral, and motivational care to realize affected person freedom from dependence or habit. Sadly, the present medical system is just not arrange effectively to ship built-in sort of care.

Sufferers, docs, and payers are all unhappy with the present outcomes. But docs particularly caught within the center. In consequence, sufferers with ache demand extra prescriptions from their docs, and regulators and insurance coverage firms strain them to prescribe fewer medication.

Lucid Lane offers an answer for sufferers, docs, and payers. Lucid Lane has lengthened its companies to supply drug discount administration companies for individuals who depend on opioids, benzodiazepines, alcohol, and nicotine and Medicine-Assisted Therapy for sufferers recognized with substance dysfunction particularly for opioids and alcohol.

The know-how of Lucid Lanes is enabling its packages to happen within the safest possible environments. Its net and mobile-based utility present distant affected person monitoring and permits members to speak with their devoted therapists day by day. Lucid Lane’s fashionable analytics engine brings out abounding well being indicators from sufferers to guage signs like melancholy, ache ranges, nervousness, and withdrawal results and personalize their remedy. As well as, the analytics engine identifies sufferers who need assistance and might join them instantly with an on-call counselor.

This firm has grown tremendously in each sufferers served and general income, reaching the unimaginable demand for its companies final 12 months. In consequence, lucid Lane now works with many hospitals, ache clinics, main care suppliers, restoration facilities, and different specialties in the US.

By: Okay. Tagura

Writer assertion:

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