Lucid Lane is a provider of health services aimed to support people living with medication dependency. The company’s services deal with mental health therapy, pain relief, opioids, and benzodiazepine management. And relapse prevention, thereby enabling patients to reduce their pain and improve mental wellness.
Lucid Lane funded $16 million led by Accel with Battery Ventures, AME Cloud Ventures, Morado Ventures, and strategic angel funding.
The company intends to use the funds on several improvements, including its strong analytics engine that brings personalized and context-sensitive medication and support in real-time. It has also expanded its services to address a broader spectrum of needs.
Millions of people in America are prescribe opioids and benzodiazepines to ease physical pain and mental health challenges.
The problem is comprehensive and complex. However, at its core is the need to consistently combine medical, behavioral, and motivational care to achieve patient freedom from dependence or addiction. Sadly, the current medical system is not set up well to deliver integrated type of care.
Patients, doctors, and payers are all sad with the current results. Yet doctors especially stuck in the middle. As a result, patients with pain demand more prescriptions from their doctors, and regulators and insurance companies pressure them to prescribe fewer drugs.
Lucid Lane provides a solution for patients, doctors, and payers. Lucid Lane has lengthened its services to offer drug reduction management services for people who rely on opioids, benzodiazepines, alcohol, and nicotine and Medication-Assisted Treatment for patients diagnosed with substance disorder specifically for opioids and alcohol.
The technology of Lucid Lanes is enabling its programs to occur in the safest possible environments. Its web and mobile-based application provide remote patient monitoring and allows members to communicate with their dedicated therapists daily. Lucid Lane’s modern analytics engine brings out abounding health signs from patients to evaluate symptoms like depression, pain levels, anxiety, and withdrawal effects and personalize their treatment. In addition, the analytics engine identifies patients who need help and can connect them immediately with an on-call counselor.
This company has grown tremendously in both patients served and overall revenue, reaching the incredible demand for its services last year. As a result, lucid Lane now works with many hospitals, pain clinics, primary care providers, recovery centers, and other specialties in the United States.
By: K. Tagura
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