Aware Recovery Care

Overview
News
Mental Health Tech?
Product stageSegments
Go-to-Market
?
Telepsychiatry/Teletherapy Platforms
?

Aware Recovery Care is a company that provides in-home addiction treatment services for individuals struggling with substance use disorders. The company offers a 52-week program that sends a full clinical care team, including psychiatrists, nurses, social workers, peer recovery advocates, and family educators, into patients' homes. This approach allows clients to receive treatment without significant disruption to their daily lives, including work and family commitments. Aware Recovery Care's model focuses on addressing the root causes of addiction and contributory triggers, while also providing support and education to the patient's family. The company's treatment program includes services such as alcohol detoxification, which can be completed over a long weekend, allowing clients to return to work quickly. As of February 2023, Aware Recovery Care was operating in 10 states, with plans for further expansion. The company expected to admit approximately 4,500 patients into its at-home care program in 2023, up from 3,000 patients in the previous year. Aware Recovery Care's treatment completion rates are higher than the national average, with about two-thirds of patients remaining in the program at the six-month mark and just over 50% completing the full program.

Key customers and partnerships

Aware Recovery Care primarily serves individuals with commercial insurance coverage. As of February 2023, Anthem was serving as the main umbrella insurance company in each of the 10 states where the company operated. In October 2021, Aware Recovery Care partnered with Florida Blue and New Directions to offer its in-home addiction treatment program in the greater Tampa Bay region of Florida. The company has also been working with state legislatures, particularly in Kentucky, to engage Medicaid insurance providers to expand services to underserved populations.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
35 Thorpe Ave Suite 103 Wallingford CT USA
Founded year:
2011
Employees:
501-1,000
IPO status:
Private
Total funding:
USD 60.5 mn
Last Funding:
USD 3.5 mn (Series Unknown; Jul 2024)
Last valuation:
-
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