Healthcare Business Review Weekly Brief
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Agrowing focus on proactive health strategies is fostering a shift toward models that prioritize long-term health outcomes and community well-being. A high-functioning healthcare system ensures all individuals, regardless of socioeconomic status or background, have access to the resources necessary to live healthier, more fulfilling lives. To achieve overall well-being, physical as well as mental aspects of health need to be taken into account.
Mental health is becoming more openly discussed in society, overlooking the stigma surrounding its struggles. In this edition of Healthcare Business Review, we explore the recent developments in the mental health space and how patients’ emotional and psychological needs can be improved through evidencebased therapies.
Prioritizing mental well-being is more about fostering a positive environment than managing stress. Rather than focusing solely on symptoms, adopting a multidisciplinary approach that combines traditional therapeutic methods with innovative, evidence-based practices can encourage open dialogue and promote healing. By helping patients reframe negative thought patterns, cognitive behavioral therapy empowers them to manage stress, depression and cognitive decline more effectively in long-term care settings. The global market for mental health services is set to grow from $448.23 billion in 2024 to $573.75 billion by 2033 at a CAGR of 2.76 percent.
This edition will also explore the latest trends in long-term care prescriptions and how companies are delivering prescription drugs and medical supplies to people who need long-term assistance. Some companies help manage complex medication regimens for patients with multiple prescriptions, while others offer medication synchronization services to facilitate refills and dosing schedules.
Proper staff training is also critical in delivering health care. Providers in long-term care settings must be equipped with the knowledge and skills to identify and address issues early on. Ongoing education in mental health care, including recognizing signs of distress and communication techniques, can help strengthen residents’ overall well-being.
We feature insights from industry experts like Audrey Neylon, system director of mental health and addiction, business solutions at Fairview Health Services, who specializes in implementing and revenue enhancement initiatives in healthcare organizations. We also feature Dr. Ruchita Agrawal, associate chief medical officer at Seven Counties Services, who believes transcranial magnetic stimulation is a life-changing tool for patients with treatment-resistant depression.
We hope this edition helps you find the right partner for your business requirements
Usually, the qualified subscribers of our magazine nominate companies with whom they have collaborated and experienced exceptional results to be in this list. Did a company you recently worked with give you stellar results and ROI? Did it turn out to be one you would wholeheartedly recommend to peers? Or do you know of such an outstanding company through your network? Please fill in the details below and nominate them to be featured here.
Pinnacle Behavioral Healthcare offers a comprehensive range of mental health services, specializing in mood disorders. With a focus on patient-centered care and inclusivity, it aims to enhance mental health and promote wellness for all individuals. Pinnacle delivers safer and more effective mental health treatments with insurance-covered, non-invasive procedures that help patients avoid the risks associated with traditional methods.
360 Behavioral Health provides expert Applied Behavior Analysis (ABA) based behavioral health treatment services, primarily for individuals with autism and other developmental delays. They offer various services, including one-on-one therapy, social skills groups, parent and caregiver training, adaptive and functional living skills, and schoolbased behavior intervention.
Banyan Treatment Center is a network of facilities across the United States specializing in detoxification, mental health care, and addiction treatment. They provide various programs, including both inpatient and outpatient services for substance use disorders, mental health inpatient programs, and tailored services for military personnel and veterans.
BlueSprig is a therapy provider specializing in Applied Behavior Analysis (ABA) for autistic young adults. They provide a variety of programs tailored to different age groups and developmental needs. BlueSprig Autism emphasizes individualized care plans and collaboration with a client’s treatment team to achieve the best outcomes.
Compassion Behavioral Health is a Hollywood, Florida, facility specializing in mental health and addiction treatment. They provide a range of programs aimed at tackling mental health disorders and substance abuse challenges.
Foresight Mental Health offers comprehensive mental health care and psychiatry services virtually and in person at select locations across the United States. They emphasize making mental health care accessible and affordable, accepting most major insurance plans. Their dedicated clinicians provide coordinated mental health services and aim to support clients throughout their mental wellness journey.
Forge Health is committed to delivering practical, affordable, and accessible care for mental health and substance use. They offer in-person and telehealth treatment options, focusing on personalized, evidence-based care. They emphasize creating a safe and affirming environment for recovery and are in-network with most major health insurance providers.
Haven Behavioral Healthcare operates seven acute-care psychiatric hospitals across the United States. It offers a wide array of services for individuals experiencing mental health and substance use issues, serving everyone from young adults to seniors.
Hightop Health is a mental health organization providing tailored care for various conditions. They focus on an integrative strategy that merges conventional and modern treatments, supported by the latest research advancements to enhance patient outcomes and well-being.
SUN Behavioral Health provides various behavioral health services for children, youth, adults, and seniors. Their services include inpatient psychiatric and substance abuse treatment, partial hospitalization programs, intensive outpatient programs, 24-hour assessments, and crisis stabilization.
