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

• New York State’s Mental Health Services For Children To Undergo Makeover Following Lawsuit Settlement
• Oregon To Spend $65 Million To Support 146 New Behavioral Health Beds & 128 Existing Beds
• Reported Use Of Most Substances Remains Low Among U.S. Teens
• New York Announces $20 Million For Expanding Inpatient Psychiatric Capacity
• Classrooms, Counselors, Clinics: Building A Mental Health Care Continuum In New York City Public Schools
• East Alabama Health Celebrates Grand Opening Of $44 Million Mental Health Facility
• Foresight Mental Health Launches Comprehensive Maternal Mental Health Program To Address Critical Gaps In Care
• Lyra Health Partners With ParetoHealth To Enable Small & Midsize Employers To Offer Mental Health Care Benefits
• Syremis Therapeutics Launches With $165 Million To Develop Best-In-Class Medicines For Mental Health Conditions
• California Awards $145 Million To Expand Provider Capacity To Deliver CalAIM Services
• Marion County, Oregon, Opens Expanded Behavioral Health Crisis Center
• Magellan Behavioral Health Of Pennsylvania Starts As New HealthChoices BH-MCO For Bedford & Somerset Counties
• Youth Crisis Stabilization Program By Jefferson Center For Mental Health: An OPEN MINDS Program Profile
• A Smartphone CBT App Alleviated Anxiety Symptoms In Adults More Than An App That Provided Psychoeducation
• Child Mental Health Claims Declined By 1.2% Per Month After COVID Closures Ended

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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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