Mental Health Inequities Could Cost $1.3 Trillion by 2040. How Can We Prevent This? The recent Deloitte report highlights a stark reality: mental health inequities are costing the U.S. $477.5 billion annually, potentially rising to $1.3 trillion by 2040. This alarming trend underscores the urgent need for innovative solutions to improve mental healthcare access and reduce associated costs. Read more about the report: https://lnkd.in/g2ayZ8VG At #CliniComp, we are committed to supporting the behavioral health setting with solutions that provide a holistic patient view, enhance the continuum of care, and lower the cost of ownership. By integrating behavioral health with primary care, we can ensure informed clinical decisions and better patient outcomes. Our #veterans, who have sacrificed so much, must not be forgotten in this mission. With advanced tools and seamless data integration, CliniComp empowers healthcare providers to deliver comprehensive, timely, and effective mental health care to our veterans, ensuring they receive the support they deserve. Together, we can address mental health inequities and create a healthcare system that prioritizes wellness and prevention, ultimately benefiting everyone. #MentalHealthAwareness #PTSD #VeteranCare #HealthcareInnovation #DataIntegration #BehavioralHealth
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Overall, a majority of Americans rate the addressing of mental health conditions as poor or failing, with only 1% rating it as excellent. According to public opinion, policymakers aim to bridge the gap between physical and mental health care, but there is still room for improvement. Striving for equality in mental and physical health care could better prioritize mental well-being within the U.S. healthcare system. The importance of prioritizing mental health care cannot be overstated. Mental health issues affect a significant portion of the population, with 1 in 5 adults experiencing a mental illness in a given year. It impacts individuals and their families and has a substantial economic cost, estimated at $193.2 billion in lost earnings annually in the United States. Through interoperability, clinical teams can use integrated data from various sources including electronic health records (EHRs), labs, pharmacies, other providers, health information exchanges, and care management platforms — to create a holistic, longitudinal view of patients and populations. Through data sharing and interoperability, Fivebase can help your organization better inform patients' and providers' decision-making, support inpatient care, and reduce the administrative burden on patients, providers, and payers. #cchbc #interoperability #wholepersoncare
Americans Perceive Gaps in Mental, Physical Healthcare
news.gallup.com
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An interesting short read from Advisory Board. Their research finds that 22% of patients with behavioral health conditions account for over 40% of current healthcare spending with many of these patients suffering from co-morbidities (further driving up costs). Addressing both the physical and mental health (simultaneously) of patients will continue to be of utmost importance as we battle the this behavioral health epidemic. #BehavioralHealth #Healthcare
Behavioral health's disproportionate impact on healthcare spending
advisory.com
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Mental health is a huge factor in managing total cost of care and utilization of health care. In this article, Dr Nele Jessel, MD, discusses its importance as a part of primary health care services and how value-based care (VBC) contracts can help ease this transition. https://okt.to/MZXSOY
Integrating behavioral health and primary care: keys to success in value-based care
medicaleconomics.com
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In a recent article from MedCity News, leaders in the mental health space share necessary insights regarding the need to transition from prioritizing #access to #outcomes for digital health solutions. We couldn't agree more, ESPECIALLY when it comes to solutions made specifically for children. 👏 Megan Jones Bell, clinical director of consumer and mental health at Google sums up the need for a shift in priority, stating: “I think we’ve made a big step forward in the access piece. We know that at a population level, more people are getting access to mental health care. But the outcomes are not improving. I think we’ve forgotten a bit about that second piece.” Employers and health plans play an important role in this shift as well and can seek solutions that offer validated outcomes and track progress for all users. Together, we can all help to make the digital mental health space truly effective and impactful. 💪 Thank you to all contributors for your valuable insights: Nikole Benders-Hadi, M.D., Anthony Sossong, MD, Jenna Carl, PhD, Yavar Moghimi, MD How Do We Know If Digital Mental Health Solutions Are Effective? - MedCity News https://bit.ly/3SPp1jm #digitalhealth #mentalhealth #medicaid #employers
How Do We Know If Digital Mental Health Solutions Are Effective? - MedCity News
https://medcitynews.com
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Marketing Director | Empowering emotionally healthy and happy kids through the power of clinically validated gaming 🪩✨
It is SO necessary to stop saturating the market with digital mental health solutions that don't offer validated, clinical outcomes. The industry at large must do better and offer solutions that are proven effective. This is one reason I'm so proud to be working with the incredible minds at Mightier. Our team prioritizes outcomes in everything we do and the solution itself was clinically validated through Boston Children's Hospital and HMX – Harvard Medical School. #outcomes #digitalhealth #mentalhealth
In a recent article from MedCity News, leaders in the mental health space share necessary insights regarding the need to transition from prioritizing #access to #outcomes for digital health solutions. We couldn't agree more, ESPECIALLY when it comes to solutions made specifically for children. 👏 Megan Jones Bell, clinical director of consumer and mental health at Google sums up the need for a shift in priority, stating: “I think we’ve made a big step forward in the access piece. We know that at a population level, more people are getting access to mental health care. But the outcomes are not improving. I think we’ve forgotten a bit about that second piece.” Employers and health plans play an important role in this shift as well and can seek solutions that offer validated outcomes and track progress for all users. Together, we can all help to make the digital mental health space truly effective and impactful. 💪 Thank you to all contributors for your valuable insights: Nikole Benders-Hadi, M.D., Anthony Sossong, MD, Jenna Carl, PhD, Yavar Moghimi, MD How Do We Know If Digital Mental Health Solutions Are Effective? - MedCity News https://bit.ly/3SPp1jm #digitalhealth #mentalhealth #medicaid #employers
How Do We Know If Digital Mental Health Solutions Are Effective? - MedCity News
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Associate Professor at National School of Public Health; Editor in Chief BMC Human Resources for Health
There was a universal shift to telehealth to deliver a larger portion of mental health services in all 14 countries, which was facilitated by changes in national regulations and policies; 11 of the 14 participating countries relaxed regulations and 10 of 14 countries made changes to reimbursement policies to facilitate telemental health care. These findings provide a first step to assess the long-term challenges and re-organizational effect of the COVID-19 pandemic on mental health systems in Europe and North America.
Challenges Facing Mental Health Systems Arising from the COVID-19 Pandemic: Evidence from 14 European and North American Countries
sciencedirect.com
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Tune in to MGMA's podcast with experienced physician and recognized thought leader, Thomas R. Young, MD, on "The missing link between mental and physical healthcare." He will review best practices to empower medical practices to provide frontline mental health screening and care for patients. Challenges he addresses: ▪️ PCPs, constituting up to 85% of diagnoses, lack support, training, and reimbursement for mental health care. ▪️ Healthcare providers, especially PCPs, feel unprepared to integrate mental health support into patient care. Listen in for ways to improve patient outcomes: https://bit.ly/3R93Nfd #MGMAPodcast #MGMAInsights #healthcarepodcast
The missing link between mental and physical healthcare
mgma.com
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California’s healthcare is a️s unique as the geography and culture from Sacramento to San Diego. But one unfortunate commonality exists from end to end of the Golden State: a mental health crisis is afflicting patients, and it’s time to intervene. ⏱ Here, we discuss how data can help the state’s healthcare providers take strategic action to help vulnerable populations, measure the efficacy of programming, and pave the way towards whole-person health: https://lnkd.in/eirripBE #mentalhealth #healthcare #california
Data’s role in the California mental health crisis
arcadia.io
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Addressing mental health inequities is not just a moral imperative but also a significant economic opportunity. The U.S. stands to save nearly half a trillion dollars in avoidable costs by 2024 if we address disparities in mental health access and outcomes. This figure could escalate to $1.3 trillion by 2040 if left unchecked. The data highlights that a large portion of these costs stem from premature deaths and productivity losses, particularly in underserved populations. Plus, the overutilization of EDs for mental health crises—often due to inadequate access to appropriate mental health services—adds billions to the healthcare system's burden. What stands out is the intersection of mental and physical health. Untreated mental health issues exacerbate chronic conditions like diabetes and hypertension, driving up healthcare costs substantially. By tackling these inequities, we could significantly reduce excess care costs and improve overall health outcomes. As someone deeply invested in the intersection of technology and mental health, I am optimistic about the potential solutions that lie ahead. Advancements in telehealth, data sharing, and interoperability are paving the way for more accessible and effective mental health care. By leveraging these technologies, we can empower consumers who currently lack access, enhance disease prevention and detection, and ultimately bend the healthcare cost curve. The call to action is clear: We need a concerted and cross-sector effort to disrupt the current trajectory of mental health expenditures. Employers, healthcare providers, and policymakers all have a role to play in this transformative journey. Together, we can create a more equitable and efficient healthcare system that benefits everyone. #MentalHealthEquity #HealthTech #HealthcareInnovation #FutureOfHealthcare #MentalHealthMatters #ValueBasedCare https://lnkd.in/eTKhpKiH
Mental health inequities will cost U.S. $478B in 'unnecessary' expenses in 2024
fiercehealthcare.com
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Co-Founder Behavioral Fitness™ and Providing Easier Access to Care Everywhere (PEACE) 501c3, Aspiring Author
The mental health report below shared by Thomas Insel shows we are slowly stepping in the right direction, especially with more efforts on prevention and use of peer support models. I highly recommend Thomas Insel’s book Healing to learn more about the history and current state of our mental health system. My thoughts as a former emergency nurse and mental health innovator: Innovation in mental health is critical to address this ever growing crisis. We have a fractured mental health system that is failing to meet the needs of individuals and families. The medical model for mental health relies on a diagnosis to gain access to medications and talk therapy. This does not meet everyone’s needs. There are staggering statistics around the number of people who need mental health support and never receive it - in part because they are adverse to use of medications and talk therapy. I have seen friends and colleagues suffer and even die because our system is failing to meet people where they are. This is one of the reasons why I am so passionate about the work I’m doing with Behavioral Fitness. At Behavioral Fitness, we are seeking to be part of the change using an outside the box approach. It’s not something that a medical provider can recommend to patients because it’s not under the realm of medications and talk therapy or recognized as a “standard of care”. Your provider may recommend “lifestyle modifications” but so often they are not be able to recommend where to get to make the lifestyle modifications- unless its in the box of the medical model. These resources are severely lacking. You wont find Behavioral Fitness on the 80 page list of providers you are given to call to find mental health support. BTW- in my experience most of the providers on the list wont call you back because they are so backlogged. Another major problem with our system. Henry Ford once said: “If I had asked the people what they wanted, they would have said faster horses.” Solutions for the mental health crisis need to look beyond medications and talk therapy and bring forth solutions that operationalize compassion and empower people at every turn. Behavioral Fitness is not medication driven or even considered talk therapy. What our members say about Behavioral Fitness: It works! It’s easy to access! I wish I had found you sooner. Behavioral Fitness has benefitted my whole family. Behavioral Fitness meets people and families where they are to help people live better- whatever that looks like for them. What I believe is missing in our mental health system? -a more humanistic, inspiring, engaging, and empowering approach that really meets people where they are without judgment, shame or blame. This is Behavioral Fitness. We imagine a world where we all have access to becoming the creators of our own unique Behavioral Fitness plans. What are your thoughts?
Psychiatrist-Neuroscientist, Author, Entrepreneur, Mental Health Advocate, Co-Founder Humanest, Co-founder and Executive Chair at Vanna Health, Former NIMH Director
New report out on what health plans are doing to address the mental health crisis. The report identifies five areas where plans are investing: 1. Expanding behavioral health integration 2. Broadening team-based approaches 3. Developing and incentivizing the workforce pipeline 4. Decreasing provider burdens 5. Supporting crisis services and prevention Great to see the increasing focus on #mental healthcare, especially inclusion of crisis services and prevention. What’s missing? Health plans are still failing to deliver the recovery services that are critical for reducing death and disability from serious mental illness. We need a new model of care that prioritizes engagement as well as access and is built for improving outcomes and not just reducing costs.
Taking A Stand For Better Mental Health: 5 Trending Health Plan Strategies
healthcare.rti.org
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