The technological innovations disrupting the mental health industries are flowing further downstream to reinvent its service delivery approach and meet patient expectations. From smartphone-assisted therapy to gamified prescriptions and digital symptom tracking, the mental health sector are all set to revamp new ways to access medication, monitor patient progress, and enhance patient engagement. In the wake of these developments, the global mental health market is projected to reach $493.8 million by 2027.
This growth is especially driven by the rise of AI to examine patients’ voice and speech patterns for identifying potential signs of emotional distress. AI-based smartphone apps are enabling providers to constantly monitor the moods and thoughts of their patients. Analyzing the real-time data is facilitating providers to offer better evidence-based cognitive behavior therapies (CBT).
To put the spotlight on such key developments, Healthcare Business Review illustrates how mental healthcare providers are leveraging the latest technologies to augment the patient experience. This edition also features thought leadership articles from subject matter experts. Some of the exclusive insights are authored by Adam Francis, Director of Nursing at Brooks Rehabilitation, Niklas Best, Director and Head of Digital Products EMEA at Fresenius Medical Care, and Allie Friesen, Director of Behavioral Health Clinical Program at INTEGRIS Health, who shed light on the role of health tech in facilitating advanced patient engagement, providingenhanced patient care with remote technologies, and improving the health outcomes of patients.
In this edition of Healthcare Business Review magazine, we also bring to you the story of some of the top mental health solutions and service providers. In the list, PACC Mental Health Services stands out for its ability to provide effective treatments for psychological disorders outlined by the American Psychological Association (APA). We also bring you the story of Alleva, providing the friendliest EMR, Noven Pharmaceuticals, offering commercialized pharmaceutical products for treating ADHD and schizophrenia, and Justice Works Behavioral Care, helping patients with comprehensive community-based behavioral services. Equally commendable are the stories of Bayless Integrated Healthcare, offering counseling services in Arizona, and Rethink, providing behavioral tools, solutions, and supportto empower individuals and organizations in their mental health goals.
Through the following pages, we aim to shine a light on the innovative trends and latest developments in the mental healthcare segment. We would like to know your thoughts.