Solv Rounds up $45M in C Round

The Substance Abuse and Mental Health Services Administration (SAMHSA), a part of the U.S. Department of Health and Human Services (HHS), awarded the bulk of the grant money — $44.8 million — to opioid-use disorder (OUD) treatment.

A provision of the newly enacted New York state budget tweaked the rules of Vital Access Provider Assurance Program, a $1.4 billion pool of Medicaid funds set aside to rescue health-care institutions in “severe financial distress.”