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

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The prevalence of mental illness is about equal among beneficiaries enrolled in traditional Medicare (31%) and those in Medicare Advantage plans (28%)

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

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

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74% of Hospitals Use Some Revenue Cycle Automation

Nearly half of physicians are equally excited and concerned about the use of AI in their field

ChatGPT Gives Wrong or Incomplete Answers Regarding Medication About 75% of the Time

Fewer Than 1 in 3 Consumers Pay Medical Bills Immediately

Medicare Advantage Denials Jump 56%, Commercial Denials 20%, from Jan. 2022 to July 2023

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In 2023 there was a 13% revenue growth in Q2 due to rising enrollment

Only a little more than a third of the insured respondents agreed that insurance facilitates affordable access to care for all