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).

Statistic Info

The mental health crisis in the United States is continuing to rise in the youth generation. In order to help aid in this growing issue, The American Rescue Plan Act has provided federal funding for the services needed in the mental healthcare industry.

Author: Health Payer Intelligence

More Related Stats

Mental & Behavioral Health

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

77% of executives are concerned with the lack of funding for addressing behavioral health and addiction issues

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

More 2021 Stats

The COVID-19 pandemic and associated disruptions have strained health systems, with 25 million children missing out on vaccination in 2021

63% of adults use telehealth as a preventative service, prescription refill, or routine visit for a chronic illness

One model examining the financial impact of COVID-19 on U.S. primary care practices estimates that $15.1 billion is needed to neutralize revenue losses nationally

The average doctor spends about 15.6 hrs per week on paperwork, EHR documentation, reading clinical articles, & participating in professional associations

Healthcare providers report that many physicians were also affected by COVID-19, with 64% claiming that the pandemic made their burnout worse

IDC predicts that by 2023 nearly 2/3 (or more) of all patients will be able to access healthcare through a digital front end by 2023

More than one-third of patients (36.4 percent) have left a healthcare provider in the last two years

In a 2021 survey, 51% of patients prefer a digital connection for five key interactions

The AMA survey data show 49.1% of patient care physicians worked in physician-owned practices, down from 54% of physicians in the 2018 survey

Between 2021 and 2026, experts predict that the global pharmaceutical industry will grow at a compound annual growth rate of 7.41%