Dayton, Ohio-based OneFifteen will close its doors this summer, the Dayton Daily News reported June 20.
OneFifteen, a substance use disorder treatment provider, was launched in 2019 by Verily — the healthcare and life sciences arm of Google parent company Alphabet — in collaboration with Dayton-based Premier Health and Kettering (Ohio) Health, according to the Dayton Daily News.
The site received $21.3 million in funding from Verily, the health systems and Alexandria Real Estate Equities. The five-year funding for the center ended in 2024.
Catherine McCarver, president and CEO of OneFifteen, told the Dayton Daily News “persistent challenges presented by the current economic environment” led to the decision to close. The site reported a $5.9 million loss in 2023.
Around 250 participants receiving services at OneFifteen will receive transition services, according to the Dayton Daily News. The provider’s 40 staff members will receive severance packages.
Read more here.
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