Sam Arsenault Wilson’s Post

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

The impact of inequities in mental healthcare are felt far beyond the devastation to individual lives—these inequities can cause economic harm by perpetuating a cycle of chronic illness, reduced productivity, and heightened healthcare costs. These inequities, if unaddressed, may cost in excess of $14 trillion in the US. #MentalHealth #MentalHealthAwareness #HealthEquity

A recent report from Deloitte Health Equity Institute and Meharry Medical College highlights the enormous economic impact of mental health inequities, projecting costs to reach nearly $14 trillion by 2040. Looking beyond the numbers, this is about real people facing compounded challenges due to inequitable access to mental health care. Driving equity in our policies and practices paves the way for drastically improved health outcomes and significant cost savings. #HealthEquity #MentalHealth #Access #HealthOutcomes

Huge congratulations to the Deloitte Health Equity Institute on publishing a landmark report on mental health inequities, in close collaboration with Meharry Medical College's Meharry School of Global Health. It estimates that, if left unaddressed, #mentalhealth inequities could lead to about $14 trillion in excess costs between now and 2040. The #mentalhealthcrisis in the US should be treated as an emergency encompassing a cross-sector approach. We need thousands of #bridgebuilders across the country to address this issue. Progress should include the active participation of the private, public and nonprofit sectors that directly or indirectly affect the service and delivery of mental health services. Jay Bhatt Kulleni Gebreyes Brian Rush Daniel Dawes Dan Pelton, Ph.D., ABPP Lynda Boggs Michael G. Gelles Alison Muckle Egizi Spencer Hollis Margaret Anderson (she/her) Grant McLaughlin Hudson Harris Mani Keita Fakeye, PhD Sara Siegel Kimberly Myers, Ph.D. Lea Hurley Shrupti S. https://lnkd.in/eDPdQDNG

I recently came across a Deloitte study estimating that mental health inequities will cost the U.S. $478 billion in "avoidable and unnecessary" expenses in 2024, with potential costs reaching $1.3 trillion by 2040 if unaddressed. The main drivers: premature deaths, productivity losses, and over-utilization of emergency departments. As a med/psych doctor boarded in both internal medicine and psychiatry, I’ve seen this play out every day of my clinical career. The lack of access to proper mental healthcare among underserved populations, combined with chronic physical health conditions, is not just a healthcare issue; it's a significant social and economic problem. These disparities drive up healthcare costs, reduce workplace productivity, and worsen overall health outcomes. Tackling these inequities demands a united effort from the government, healthcare, and business sectors to invest in mental health care. By bridging the gap through models of care that address a person holistically such as the collaborative care model, we can reduce these staggering costs and enhance lives. Learn more about these projections and why it is essential to take action in this in the Deloitte monograph and why integrated care models such as collaborative care (https://buff.ly/4c0qJoq) and training programs (Residency Programs | Association of Medicine and Psychiatry https://buff.ly/3R5E5rM) are essential solutions. #mentalhealth #collaborativecare #careaccess

Harnessing digital innovation in mental health care is essential to improving patient outcomes and accessibility. The article from Psychiatric Times highlights the growing importance of technology in transforming how we approach mental health services. At Wellness Connection, we're at the forefront of this change by integrating remote therapeutic monitoring (RTM) and remote patient monitoring (RPM) into everyday care. Our EMPWR app empowers patients by tracking key health data such as sleep, diet, and medication adherence, alongside cellular-based devices that sync real-time health metrics like blood pressure, glucose levels, and more. This not only enhances engagement but allows providers to proactively manage care between appointments, improving outcomes while reducing costs. Additionally, we ensure that all patients undergo mental health assessments, and when an issue is identified, they are promptly scheduled with the appropriate mental health providers, streamlining access to care and ensuring no need goes unmet. By leveraging cutting-edge technology, we aim to bridge the gap between patients and providers, bringing a holistic approach to mental health and well-being. #DigitalHealth #MentalHealthCare #WellnessConnection #PatientCare #RemoteMonitoring #MentalHealthInnovation #Telehealth

Mental health inequities will cost U.S. $478B in 'unnecessary' expenses in 2024. More from Fierce Healthcare https://lnkd.in/e3823N5r #healthcare #mentalhealth #costofcare #healthinequity #healthfinance #employeebenefits #HR #employer

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

🎉 Excited to kick off the behavioral health discussions with the State of California Office of Health Care Affordability at the California Department of Health Care Access and Information this week! It is refreshing to see the State focus on positive investments in behavioral health and primary care to achieve larger picture improvements in affordability across health systems. These investments help to build more robust health systems and communities that can in-turn focus on providing more efficient preventative and proactive care. If behavioral health is left unaddressed, mental health inequities could lead to about US$14 trillion in excess costs between now and 2040. While the White population has the highest prevalence of mental health diagnosis, it is non‐White populations that bear more of the cost associated with mental health struggles. The Deloitte Health Equity Institute notes this is associated with long standing structural barriers and social and economic conditions. Persons facing mental health challenges also face higher prevalence of other chronic conditions, more days missed from work, and higher unemployment are seen across all age groups. Cost containment, though, cannot be addressed by the health industry alone. For us to impact population health and individual health outcomes, addressing access and pricing of health care delivery and services is key. Yet these efforts must align to help leverage our understanding of the political and social determinants of health. #behavioralhealthivestment #primarycareinvestment #populationhealth #affordability #healthcareonlinkedin https://lnkd.in/gKQSJtid

If the U.S. does not begin to offer drastically more mental health services, particularly for racial and ethnic minorities and people with chronic illnesses, it could cost the country $14 trillion by 2040. According to a new study from Deloitte and the Meharry School of Global Health, mental health conditions, challenges and illnesses often co-occur with other chronic diseases. When left untreated, mental health conditions can turn into avoidable healthcare encounters that come with a high price tag. By 2040, the Deloitte and Meharry researchers estimated the U.S. would spend $1.26 trillion each year on costs related to mental health inequities. "As a practicing physician, I see the correlation between how chronic conditions can exacerbate mental health challenges and economic strains that impact my patients' overall health," said Jay Bhatt, D.O., MPH, MPA, the managing director of the Deloitte Center for Health Solutions and the Deloitte Health Equity Institute, in a statement. Read more: https://lnkd.in/eiwfRBwg #healthcare #mentalhealth #mentalhealthequity