Recently released newsletter highlights changes in the mental health market and how to remain sustainable
Gettysburg, Pa. (May 28, 2017) — There has been a large amount of change in the health and human services market over the last year, and more specifically, in mental health. Behavioral health spending reached $213.6 billion last year — for an increase of $25.2 billion, or 13.4%, since 2011. The majority of that total was for mental health services, which accounted for 84%, or $195.6 billion, in spending. But yet, provider organizations are still struggling to break even. Reflecting on our team’s experience over the last year, our team has identified four mega trends changing the fundamentals of the market place. To help provider organizations remain sustainable, the OPEN MINDS Market Intelligence Team has released this month’s OPEN MINDS Management Newsletter which provides an in-depth analysis of each mega trend from the perspective of market metrics, along with advice from our senior advisors about how these factors will remake the business model of delivering care. The mega trends explored include:
- The superutilizer effect and integrated care
- The increase in the adoption of managed care by payers and the increasing use of value-based reimbursement by health plans
- Emerging technology and new science and its increasing adoption
- The politics of health care and behavioral health
This high-level monthly Management Newsletter helps organizations gain a better strategic eye on these mega trends and market developments. In this month’s issue, we provide readers with a quick look at some of the statistics driving these mega trends, including:
- Four ‘Mega Trends’ Driving Sustainability In The Mental Health Market – Ignore At Your Own Risk
- The Mental Health Market – By The Numbers
- How The ‘Superutilizer Effect’ Has Driven Integrated Care & Changed The Mental Health Landscape
- Why More Managed Care Means More Value-Based Reimbursement For Mental Health Provider Organizations
- The Politics Of Mental Health Care: The Uncertain Tea Leaves
- New Technology & New Science Remake Health Care From The Bottom Up
- Evaluating Whether A New Mental Health Service Line Is Right For You
- Social Services As Mental Health ‘Prescription’
- The Rise Of Telemental Health
- Technology & The Future Of Mental Health Treatment
“With the turbulent market place, organizations should focus on developing strategies for sustainability. Executives can ignore these mega trends at their own peril, but the key to sustainability is understanding the shifts in the market map,” said Monica E. Oss, OPEN MINDS chief executive officer. “To help executives understand these shifts and how they shape the market place, our team has release this month’s Newsletter to not only connect the dots, but identify the opportunities within each change.”
Since 1987, The OPEN MINDS Circle Monthly Management Newsletter has been the leading source of management best practices and strategic business models for the health and human services field. This award-winning monthly publication features a dozen or more topical articles written by OPEN MINDS 75+ market analysts and management consultant advisors, along with a variety of guest authors from the field. These monthly e-newsletters are included in Premium and Elite subscriptions to The OPEN MINDS Circle. If you are unsure of your membership level, would like to become a member, or would like to learn more about The OPEN MINDS Circle, visit https://www.openminds.com/membership/ or contact the OPEN MINDS team at info@openminds.com or 717-334-1329.
Along with the high-value information included in each monthly newsletter, The OPEN MINDS Circle also offers one exclusive sponsorship opportunity for each issue of The OPEN MINDS Circle Monthly Management Newsletter. For each issue, this limited sponsorship opportunity includes your organization’s branding, all advertising space, the ability to include featured content from your organization, and the opportunity to print and mail the issue to members of The OPEN MINDS Circle. Raise awareness and promote your team as thought leaders in the industry with this exclusive sponsorship opportunity! To learn more about sponsoring an issue of The OPEN MINDS Circle Monthly Management Newsletter or to see which months are available for sponsorship, contact the OPEN MINDS team at info@openminds.com or 717-334-1329.
OPEN MINDS is a national strategic advisory firm specializing in the sectors of the health and human service industry serving individuals with complex support needs: mental health; addiction treatment; children & family services; intellectual & developmental disabilities; chronic disease management; long term care; social services; correctional health care, reentry & diversion; and juvenile justice.
Founded in 1987 and based in Gettysburg, Pennsylvania, the 75+ associates believe by providing the latest market intelligence and management best practices to organizations serving the health and social support needs of the most vulnerable consumers, those organizations will be better able to provide efficient and effective services. Learn more at www.openminds.com.
For additional questions and inquiries, please contact Sarah Threnhauser, Executive Vice President, OPEN MINDS at 717-334-1329 or openminds@openminds.com.
