Over 70 % of state Medicaid programs reported at least one strategy to incentivize provider participation in Medicaid, helping to alleviate the behavioral health workforce shortage

Statistic Info

Ultimately, these strategies have helped address workforce shortages and provide more comprehensive care for individuals dealing with mental illness or substance use disorders. In turn, this will help reduce long-term healthcare costs associated with inadequate treatment.

Author: HealthPayerIntelligence

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Mental & Behavioral Health

Over 70 % of state Medicaid programs reported at least one strategy to incentivize provider participation in Medicaid, helping to alleviate the behavioral health workforce shortage

Having one or more Outpatient Behavioral Health Treatment visits was associated with lower medical & pharmacy costs during 15 & 27-month follow-up periods

Behavioral Health Inequities Have Cost the US Health Care System Over $278B

67% of U.S. employers plan to make employee mental health & emotional well-being programs & solutions one of their top three health priorities

19.86% of adults are experiencing a mental illness

The American Rescue Plan Act, introduced in January 2021, put $12 billion toward mental healthcare & substance abuse care in Medicaid home & community-based services (HCBS).

Mental health visits are five times more likely to be out of network than primary or specialty care

Mental health visits are 5x more likely to be out of network than primary or specialty care

Paid medical collection debt will no longer be included on consumer credit reports

More 2023 Stats

Nearly 75% of patients turn to online reviews as the first step when searching for a new physician

Physicians treating Medicare patients will receive a 2% pay cut in 2023

The healthcare industry could save almost $25 billion, or 41%, by fully automating administrative transactions

Telehealth use continues at levels 38x higher than before the pandemic

53% of patients say that access is a top factor when selecting a new provider

93% of customer service teams say customers have higher expectations than ever before, & a medical practitioner’s digital prowess is now a reflection of their medical expertise & business awareness

47% of physicians are 55 or older

Over 70 % of state Medicaid programs reported at least one strategy to incentivize provider participation in Medicaid, helping to alleviate the behavioral health workforce shortage

Nearly 2/3 of uninsured individuals thought the monthly cost of health insurance would be between $50 & $500, indicating how high perceived healthcare costs limit access to coverage

Smaller party annual revenues exceeded $1 billion in more than 15% of last year’s transactions, coming in just below the previous year’s historic high of 16.3%