New York, NY, July 15, 2020 – Veteran & First Responder (VFR) Healthcare (the “Company”), a leading provider of technology-enabled mental health and substance use treatment, and its sister company, Strive Health, today announced it has partnered with the Washington D.C.-based impact venture firm, Risk and Return, to further enhance the Company’s efforts to increase access to behavioral health solutions for active duty service members, Veterans, first responders, and their families. Risk and Return will also assist the Company in aligning its extensive capabilities to enhance partnerships with the U.S. Department of Veterans Affairs (VA), Department of Defense (DoD), and federal and state government agencies.
Led by Jeff Eggers, former Navy SEAL Commander and White House Advisor, and the Hon. Bob Kerrey, former Navy SEAL, Medal of Honor recipient, and Senator and Governor of Nebraska, Risk and Return brings unmatched insight, expertise, and thought leadership to support VFR Healthcare in advancing its mission to improve the delivery of mental health and substance use care for the nation’s heroes and their families.
“We’re honored to be partnering with Risk and Return to advance VFR Healthcare’s mission” said Eric Golnick, CEO of VFR Healthcare. “The Risk and Return team has dedicated their lives to serving our country and this unmatched experience, commitment, and passion will be instrumental in helping us to expand our reach to more agencies and people in need while also prioritizing innovation and quality of care for those we serve.”
VFR Healthcare has a successful history of partnering with federal and state government agencies to provide technology-enabled, evidence-based mental health and substance use treatment programs and community education. From its efforts being made to advance and improve Veterans’ mental health and well-being through its landmark Strategic Partnership with VA, to working with the DoD and first responder agencies, VFR Healthcare has deep experience working to enhance the access to, and quality of, mental health and substance use care to service members, Veterans, first responders, and their families.
“We’re excited to be partnering with VFR Healthcare,” said Jeff Eggers, Managing Director of Risk and Return. “VFR Healthcare has already made monumental progress in improving the standard of, and access to, mental health and substance use care for the active duty military, Veteran, and first responder populations. We look forward to working together to enhance collaboration with VA and the Department of Defense, as well as first responder agencies throughout the nation.”
Eric Frieman, CEO of Strive Health and Co-Founder of VFR Healthcare added “We are at an extremely important moment in the Company’s evolution with significant opportunities to accelerate growth and reach of our technology-enabled treatment model that combines community-based, in-person care and teletherapy. We are confident that partnering with Risk and Return will further establish us as the leader in this space as well as be the catalyst for new ground-breaking partnerships to enhance access to care and better serve service members, Veterans, first responders, and their families.”
Stifel serves as advisor to VFR Healthcare and Strive Health on financial and strategic matters.
About Risk and Return
Risk and Return is an impact venture fund that accelerates technologies needed by high-risk public servants by partnering with companies to develop solutions that will positively address the requirements of those who serve in extreme environments. Learn more at http://www.riskandreturn.com.
About VFR Healthcare
VFR (Veteran & First Responder) Healthcare, the sister company of Strive Health, is a Veteran-owned and operated organization that was founded to increase the access to, and quality of, outpatient substance abuse and mental health treatment for Veterans, first responders, and their families. VFR’s clinical and medical leadership team, all of whom are Veterans, developed trauma-informed clinical programming designed to address the specific issues and unique needs, preferences, and values of Veterans, first responders, and their families and incorporates these principles to all programs and services provided. VFR Healthcare’s multi-disciplinary teams of psychiatrists, psychologists, and licensed and credentialed therapists are trained in evidence-based psychotherapy practices as well as military/Veteran and first responder cultural competencies. VFR Healthcare offers a wide range of technology-enabled, confidential, and trauma-informed outpatient treatment programs and services delivered in-person or via teletherapy for individuals suffering from mental health and/or substance use issues, including intensive outpatient programs, outpatient programs, and early intervention services. All services provided by VFR Healthcare, whether in-person or via teletherapy, are in-network with major commercial health insurance companies, TRICARE, and the VA Community Care Network (CCN).
About Strive HealthStrive Health, a leading provider of technology-enabled outpatient substance use and mental health treatment programs, was founded to address the significant unmet need for high-quality, affordable, and effective outpatient addiction and mental health treatment in the U.S. Strive Health’s network of Centers for Recovery and Community Health provide a wide range of trauma-informed outpatient treatment programs and services delivered in-person or via teletherapy for adults and adolescents suffering from substance use and/or co-occurring mental health issues, including intensive outpatient programs, outpatient programs, and early intervention services. Strive Health’s programs utilize evidence-based treatment modalities, and offer medication-assisted treatment (MAT), such as Vivitrol, to patients as clinically and medically appropriate. All Strive Health centers proudly serve its sister company VFR Healthcare and offer programs and services designed specifically for active duty military, Veterans, first responders, and their families. All services provided by Strive Health, whether in-person or via teletherapy, are in-network with major commercial health insurance companies, TRICARE, and the VA Community Care Network (CCN).