Enthea Goes Nationwide, Aims To Provide Psychedelic Therapy as Workplace Benefit

Enthea Goes Nationwide, Aims To Provide Psychedelic Therapy as Workplace Benefit
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Enthea, the healthcare provider that specializes in psychedelic therapy, announced on Tuesday that it will “launch its services into 40 markets across the U.S. next year as well as grow Enthea’s customer base and provider network to further its mission of providing affordability and access to safe and effective psychedelic-assisted therapies for all who can benefit.” The ambitious launch is the byproduct of a “successful $2M seed round raise, led by Tabula Rasa Ventures, the first psychedelic accelerator for early-stage startups,” the company said in the announcement.  Enthea says that the driving force behind the new endeavor is to improve access to potentially breakthrough psychedelic treatment amid an ever-spiraling mental health crisis in the United States.  The company asserts that it is “helping in this mental health crisis by bringing employer funding for these new treatments,” saying that “traditional health insurers are years away from adding this coverage, the cost to patients prohibits widespread adoption.” “Through the creation of the country’s first psychedelic healthcare provider network, Enthea is taking a big step in creating access to these new, evidence-based healing options,” Sherry Rais, the chief executive officer and co-founder of Enthea, said in a statement on Tuesday. “And as a workplace benefit, this treatment becomes affordable. Next year, most employers across the U.S will be able to offer these innovative treatments, covered under insurance, for the first time.” The newly announced project has been years in the making. Enthea said in the press release on Tuesday that it has “spent last two years building the infrastructure needed to scale and bring this concept to market,” and that next month, “it will launch its services in New York City, Austin, and the Bay Area with the goal of opening in 20 top U.S. cities by mid-2023, and another 20 by the…

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Source : Enthea Goes Nationwide, Aims To Provide Psychedelic Therapy as Workplace Benefit

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