Mental health conditions and substance use disorders (SUDs) have a morbidity burden that is 31.8% higher than that of the top four noncommunicable diseases combined. Scaling mental health treatment globally could reduce this burden by 40% by 2050, a McKinsey & Company report found. While noncommunicable diseases, like cardiovascular disease, chronic respiratory diseases, diabetes, kidney […]
The federal government’s focus on community-based services and whole-person care has made the Medicaid space prime for behavioral health innovation. However, operators in the Medicaid space continue to struggle with reimbursement challenges and staffing shortages. Yet for those willing to stick with it, Medicaid can offer a prime opportunity to explore new territory, especially around […]
More people are comfortable using telehealth as behavioral health services utilization has taken off from commercially-insured patients, according to one major health system. University of Pittsburgh Medical Center (UPMC), whose provider network encompasses 140 hospitals throughout Pennsylvania – as well as in parts of Ohio, West Virginia and Maryland – said its behavioral health volume […]
The American health care system could save $39 billion a year through the new federal behavioral health crisis hotline and enhanced behavioral crisis response resources, a projection from the McKinsey Health Institute found. The new crisis line — 988 — will take the place of the ten-digit National Suicide Prevention Lifeline in July. Stakeholders say […]
College can be a stressful time for many young people, and these days especially so as more than 40% of students have reported having symptoms of anxiety and depression. Youth troubles are getting attention at the federal level, as the Substance Abuse and Mental Health Services Administration recently unveiled a mental health grant package that […]
New data suggests that young Americans are facing a number of significant behavioral health challenges, yet seem to be reluctant to seek out any help – suggesting that providers need to do a better job connecting with them for care. The findings come from a series of surveys conducted by McKinsey & Company, which paints […]
There is an estimated $265 billion of Medicare spending that could shift from being spent in facilities to being spent in home health care by 2025 and behavioral health will see an impact according to a new report. New York City-based consulting and services giant McKinsey & Co. released a report detailing that between 3x […]
Telehealth – which in some ways was viewed by many as a curiosity prior to the global pandemic – has become more of a fixture in delivering care since the onset of the coronavirus. Nonetheless, many still prefer the old-fashioned way in person, particularly when it comes to behavioral health services. A quarter of Americans […]
As a majority of the medical and healthcare community have made the transition to electronic health records over the past decade, behavioral health providers have fallen behind in adopting EHRs in their process, which can cause difficulties for integrating care for behavioral health patients. At a September public meeting for the Medicaid and CHIP Payment […]
Better behavioral health care for Americans would not only produce better results for patients, but generate billions in savings annually, according to a recently released economic report from the global consulting firm McKinsey & Company. The report identified actions that public, private and social stakeholders could take to produce substantial savings in annual health care […]
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