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Mental Health Services

The mental health market is defined as treatment services for mental and emotional health and psychiatric care for individuals of all ages. Mental health services are provided by a wide array of professionals, including certified counselors, psychiatrists, psychologists, neurologists, and social workers. The mental health market is facing new challenges – continued cost pressures on Medicare, Medicaid, and government programs; a shift to value-based care financing models; increased consolidation of health systems; and a push towards tech-enabled, consumer-led interventions. While these challenges may seem immense, the mental health market has experienced numerous shifts over the years from the move to managed care to increased community-based care. Organizations that can adapt to these changes are most likely to succeed.


People with severe mental illness (SMI), such as schizophrenia or bipolar disorder, are up to four times more likely to have two or more chronic physical health conditions. A total of one in seven people with SMI also have two or more additional psychiatric conditions. These illnesses reduce life expectancy by 10 to 20 years on average, which is driven by the significant physical and psychological health challenges people with severe mental illness face. The… Read