RRE Ventures is excited to announce our seed investment in Workit Health, an affordable, effective, and on-demand addiction treatment program for the millions of Americans struggling with substance use. Originally offered exclusively through employers, Workit’s treatment program is now available directly to consumers, delivering a crucial service to individuals: freedom from addiction.
Addiction is an enormous problem in the United States, affecting over 20 million Americans, with an additional 60 million engaged in risky patterns of use with alcohol and/or drugs. Of those, only 10% receive adequate treatment, often because existing treatment options are too expensive, too disruptive to be practical, or do not align with their health goals. What’s worse is that access to treatment is often not enough: relapse rates associated with traditional addiction treatment programs exceed 50%.
While new, evidence-based treatment modalities and technological innovations have improved our understanding of addiction, that understanding has yet to be implemented in the form of accessible, affordable, evidence-based care for high-need individuals. With most diseases, clinicians seek to identify, isolate, and then treat conditions as early as possible, reducing costs and boosting outcomes. But when it comes to addiction, we wait until patients have “crashed,” and only then begin to treat the underlying conditions. The costs are staggering, in this case about $35 billion annually, and all too often the outcomes for individuals and their loved ones are catastrophic.
Workit Health is solving this problem by delivering care which is affordable, evidence-based, judgment-free, and accessible to all individuals on their own terms. Moreover, their program is sustainable: individuals receive ongoing care beyond the initial ninety-day program. And if this methodology for treating addiction seems obvious, the implications of the program cannot be overstated.
The promise of Workit Health for consumers is exceedingly powerful. Finally, seeking treatment for addiction or risky behaviors is not at odds with continuing to work, to live, and to remain in one’s community. Workit’s program delivers a value proposition for employers which far exceeds the mere reduction of staff turnover, absenteeism, and workplace accidents as well. The true promise of Workit is the promise of compassionate, visionary, and highly effective treatment for everyone regardless of circumstance, geographic location, or ability to pay.
We’re honored to join Lisa, Robin, and the rest of the Workit Health team as they realize their vision and revolutionize the way addiction is understood, perceived, and treated across the United States.