Virtual care provider acquires bankrupt Pear’s prescription apps

Six months after selling off its assets in a bankruptcy auction, Pear Therapeutics’ most significant digital treatments have found a new home with PursueCare, a provider of online addiction care and mental health counseling. PursueCare recently raised $20 million in a Series B funding round and acquired Pear’s portfolio of apps used in treating addiction. The company aims to expand the market for these treatments by taking advantage of its access to patients and insurers, hoping to demonstrate to health plans how the digital treatments can save them money. PursueCare’s CEO believes a capable service provider is necessary to fully realize the potential of digital therapeutics.

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