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.

Latest Resources

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• Virtual Clinic, Affect Therapeutics, Raised $26 Million To Scale An AI-Driven Operating System To Treat Behavioral Health Disorders
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• Oregon Health Authority Announces Opening Of New Clackamas County Stabilization Center For Behavioral Health Crisis
• North Carolina Unveils FACT Teams Pilot To Improve Outcomes For People With Mental Illness & Frequent Interactions With The Criminal Justice System
• Cleveland Clinic & MQ Foundation Launch Youth Mental Health Research Initiative

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Private Practice Professionals Report Adopting Technologies To Integrate Behavioral Health Services

A recent survey of 206 private practice professionals indicates that many are adopting technologies to deliver integrated behavioral health services and support the care journey from identification through ongoing treatment. Technologies adopted include telehealth platforms, digital screening and assessment tools, specialty tools, and mobile smartphone applications. More than two-thirds, 67%, of the survey respondents have a behavioral health professional on staff, a report on the survey stated, and 38% of the respondents said they receive… Read

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