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March 26, 2021

Start Ups in Health Care Continue with the Help of Private Equity

Does virtual reality or “VR” help alleviate chronic pain?  That’s the goal of a startup company, AppliedVR. According to the CDC, nearly 20 percent of adults in the United States suffer from chronic pain that puts them at high risk for opioid addiction. AppliedVR recently received breakthrough device designation from the FDA. This designation may lead to consideration for reimbursement by CMS and private insurance.