A co-founder of New York-based virtual addiction treatment provider Halcyon Health announced on LinkedIn that the company is shutting down, reports Behavioral Health Business. Halcyon had raised about $2.5 million since its founding three years ago.
Andrew Bryk — co-founder, president and COO for the company — said in a post published late Monday night that Halcyon employees needed to find new employers and asked his network to consider hiring them.
Bryk founded the company with CEO Josh Nussbaum in 2019.
Halcyon Health sought to bring together evidence-based treatments that sought to blend telehealth, virtual medication-assisted treatment (MAT), peer recovery coaching and care coordination.
These services are similar among a growing number of startups and innovators that seek to increase the number of people receiving MAT for a substance use disorder. Read more.
