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Business Briefs: Curated Mental Health, Brooklyn Minds, Nue Life, Monte Nido, AspenRidge
Curated Mental Health, a provider of psychiatric services in New York City, has partnered with Brooklyn Minds Psychiatry, along with Mind Centers, Brooklyn Minds’ associated management service organization.
Led by CEO Amanda Itzkoff, MD, Curated offers services ranging from talk therapy and medication management to psychedelic-assisted services, with plans to offer MDMA-assisted therapy once the treatment is approved by the Food and Drug Administration.
Brooklyn Minds is a mental health treatment program with locations in Manhattan and Brooklyn, offering a combination of therapy, psychiatry, and transcranial magnetic stimulation (TMS) through team-based virtual and in-person services. The program was founded in 2016 by Carlene MacMillan, MD, and Owen Muir, MD.
Curated Mental Health is in-network with multiple insurance providers. In a news release announcing the partnership, the companies stated that certain services previously offered by Brooklyn Minds, including children’s services, will be phased out as the combined organization turns its focus to developing its clinical infrastructure around breakthrough treatments, including neuromodulation and psychedelic medicine.
Nue Life Completes Financing, Adds Board Members
Nue Life Health, a mental wellness company, announced this week that it has completed its Series A equity financing led by Obvious Ventures, as well as additional venture debt financing from Western Technology Investment, for funding totaling $23 million. Nue Life offers ketamine therapy, a companion app, and virtual aftercare programs to treat mental health conditions.
The company said in a release that the new funding will support an expansion of its offerings, including new digital and integrated wellness programs, as well as a geographic expansion. Nue Life launched in New York in March, adding to a network that covers Florida, Texas, California, Colorado, and Washington state. New locations in Georgia and Massachuetts are planned for this month, and the company expected to expand into at least 20 more states by the end of the year.
Nue Life also announced the addition of 2 new members to its advisory board: Paul Wolfson, MD, and Andrey Ostrovsky, MD.
Monte Nido to Open Residential Eating Disorder Program in St. Louis
Monte Nido & Affiliates has announced plans to open a residential eating disorder center in St. Louis this summer. The program, Clementine St. Louis, will provide care for adolescents of all genders with anorexia nervosa, bulimia nervosa, binge eating disorder, and/or exercise addiction. The program will be Monte Nido’s first in the state of Missouri, the 14th state in which the company is now operating.
Clementine St. Louis will provide care outside of a hospital setting, integrating medical, psychiatric, clinical, and nutritional care with 24-hour nursing, as well as academic and family support.
Medicaid Addiction Treatment Program Launches in Colorado
Alpine Recovery Center, a drug and alcohol rehabilitation program that specializes in addiction and mental health treatment for Colorado Access Medicaid recipients, announced its opening earlier this week.
A subsidiary of AspenRidge Recovery, Alpine specializes in co-occurring substance use and mental health disorders in adults, and its services are covered in full by Colorado Access Medicaid. Alpine’s addiction treatment programs currently are available online, and the company plans to open an in-person facility in Aurora, Colorado, this summer.
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