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Birches Health Raises $20M to Combat Gambling Addiction Crisis
['Jasmine Pennic']
Health IT Startups | Venture Capital Funding - HIT Consultant
What You Should Know:– Birches Health, a national provider of gambling addiction treatment, has announced it has raised $20M in combined Series A and Seed funding.
In addition to gambling addiction, Birches Health also treats video gaming, sex, pornography, and internet addictions through virtual care.
Growing Gambling Addiction CrisisAccording to a recent American Psychiatric Association poll, 28% of American adults have a daily habit of gambling online.
Dr. Martin Rosenzweig, a former Chief Medical Officer at Optum and a Birches Health board member, stated that gambling addiction is often seen as a personal or financial failing, rather than a behavioral addiction.
“The United States is facing a looming gambling addiction crisis,” said Elliott Rapaport, founder and CEO of Birches Health.
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'clinical'
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'combat'
'gambling'
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