Behavioral Health Business May 13, 2022
Laura Lovett

Monument has purchased fellow digital alcohol recovery program Tempest for an undisclosed sum.

The deal will give Monument access to Tempest’s resource library and community programming tools. The transaction is expected to help Monument expand its personalized and holistic care, according to a release.

“Tempest’s commitment to changing the narrative around alcohol use disorder through member-first care perfectly aligns with our own mission and values,” Mike Russell, CEO & co-founder of Monument, said in a press release. “We’re thrilled to be able to offer both Monument and Tempest members new tools in their treatment journey, along with anyone else ready to take the next step.”

Monument offers online clinician-led alcohol therapy, which uses cognitive behavioral therapy and other methods designed...

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