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Lyra Health and Hazelden Betty Ford Foundation Announce Collaboration for Substance Use Disorder Care Program

Sep 24, 2024over 1 year ago

Contract Type

partnership

BurlingameOtherHealth Care

Description

Lyra Health and Hazelden Betty Ford Foundation have announced their collaboration to deliver the highest quality, specialized care for individuals and families struggling with substance use disorder. This partnership aims to help employers, families, and individuals more easily get connected to the right care for their needs.

Company Information

Company

Lyra Health

Location

287 LORTON AVENUE

Burlingame, California, United States

About

Lyra Health is the leading provider of mental health solutions for employers, available to more than 20 million people globally. Lyra is transforming access to life-changing mental health care through Lyra Empower, the only fully integrated, AI-powered platform combining the highest-quality care and technology solutions for members, providers and HR leaders. Empower works in the background to quickly connect members to the largest global network of evidence-based mental health providers, deliver actionable insights to benefit leaders, and free up providers to focus on client care—driving outstanding positive outcomes that are equitable across diverse racial and ethnic groups. Extensive peer-reviewed research confirms Lyra’s transformative care model helps people recover twice as fast and results in a 26% annual reduction in overall healthcare claims costs.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months