Abstract:
The word “behavioral health” implies a person's general well-being and ability to deal with life's problems. It’s the branch of healthcare that studies, asses, diagnoses, treats, and prevents mental, emotional, and behavioral diseases. Generally, it involves a wide range of mental issues, consisting of disorders like SUD, Autism Spectrum Disorder, PTSD (Post-Traumatic Stress Disorder), psychotic disorders, anxiety disorders, ADHD (Attention-Deficiency/ Hyperactivity Disorder). Behavioral health services and treatments can include a combination of counseling, medication, therapy sessions, and other treatment options.
Introduction:
As per the latest research report published by Allied Market Research, the global behavioral health market is estimated to cite the notable CAGR throughout the forecast timeframe. The market’s growth is driven by rise in awareness about an importance of mental health and treatment of mental health issues, increasing geriatric population, advancements in telemedicine and digital health solutions, surging investments by governments in mental health programs and behavioral health services.
Recent Developments in the Global Behavioral Health Industry:
- ‘Calm Health’, a clinical mental health service, launched by ‘Calm': The subscription-based smartphone application, Calm, declared its first step into behavioral health services in October 2022. Calm Health primarily offers condition-specific therapies that reduce the gap between physical and mental wellness. By utilizing Ripple’s technology, Calm health links consumers with various healthcare alternatives, starting with assistance for individuals suffering from depression or anxiety and conducting programs in between sessions.
- Zoom Collaborated with Osmind EHR for psychiatric telehealth: Osmind, from San Francisco, declared that its EHR system for behavioral health professionals has incorporated Zoom online visits into its digital platform as a feature of its ISV partner initiative. As per the firm's announcement, the integration of virtual visits allows mental health professionals to extend treatment choices for patients with high risk, especially those with moderate to severe mental health issues where patients may be unable to leave their homes.
- Sevita Hospitals and Healthcare of Boston, Massachusetts, announced the acquisition of various supportive living and day center services in October 2021. In April 2022, a cloud-based healthcare technology business, NextGen Healthcare, announced the launch of a new behavioral health technology suite based on the company's practice management system and EHR (Electronic Health Record). The suite highlights the company's commitment to enhancing individual health and reducing healthcare inequities by bringing together information on multi-specialty care from diverse community health providers on a single platform.
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