Behavioral Health Business August 23, 2024
Chris Larson

Forge Health announced Thursday it raised an undisclosed amount of funding from MFO Ventures.

The new capital will go to expanding White Plains, New York-based outpatient addiction treatment and mental health provider’s platform. Specific initiatives include integrating virtual care, enhancing outreach efforts and adding new payer partnerships.

“Together, we aim to revolutionize how behavioral health is viewed and delivered, making comprehensive, integrated care accessible to all who need it,” Paul Martino, board chair at Forge Health, said in a news release. “The potential for meaningful change is tremendous.”

Forge Health aims to deliver “one-stop-shop” services that concurrently address substance use disorders and mental illness, doing so on an increasingly frequent value-based care basis. The company has 300,000 patents...

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