Behavioral health is projected to be one of the fastest-growing areas in healthcare over the next few years. Those projections may fall short, however, if leaders aren't asking the right questions.
Behavioral Health News
The U.S. may face a shortage of 54,100 to 139,000 physicians by 2033, and access to care in every specialty, including mental health services, is a national issue.
Although the mean annual wage among all psychiatrists in the U.S. is $247,350, that can vary based on factors including experience and practice setting, according to the most recent Bureau of Labor Statistics occupational employment statistics survey.
The National Eating Disorder Association is suspending the use of its chatbot service, named Tessa, after several users reported that it was providing harmful weight loss advice, according to a June 1 report from The Washington Post.
Pittsburgh-based UPMC's insurance services division grew from 4,033,737 total members in the quarter ended March 31, 2022, to 4,505,128 members in the quarter ended March 31, 2023, according its financial report released May 25.
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Coverage and reimbursements for behavioral health are inadequate, despite a widespread push to expand mental health access.
Healthcare organizations have seen increased consolidation recently, and there are benefits to it — namely, capturing economies of scale.
Although the mean annual salary for psychiatrists in the U.S. is $247,350, psychiatrists in the 10 highest-paying urban areas earn upward of $315,000, according to the most recent Bureau of Labor Statistics occupational employment statistics survey.
Two leaders behind national behavioral health group Concert Health — co-founder Virna Little, PsyD, and CEO Spencer Hutchins — recently joined Becker's to discuss their vision of incorporating collaborative care models, measurement-based treatment and more.
The U.S. may face a shortage of 54,100 to 139,000 physicians by 2033, and access to care in every specialty, including mental health services, is a national issue.