09/09/2024 | News release | Distributed by Public on 09/09/2024 14:27
In a recent survey conducted by Morning Consult, 73% of Americans have struggled with mental health in the past year, disproportionately affecting Gen Z and millennials. Despite nearly three-quarters of Americans struggling with mental health conditions, only 37% of those with worsening mental health struggles sought professional care.
With behavioral healthcare needs at an all-time high, rarely have we seen an industry where the need for innovation, increased access to care, and demand for services has grown as rapidly and urgently as in the behavioral healthcare space.
In the 35th edition of his quarterly Healthcare Mosaic report, William Blair's Ryan Daniels, CFA, partner, and group head of healthcare technology and services, takes a deeper dive into the behavioral healthcare market in the U.S., discussing:
To Daniels, technological initiatives may be one of the most critical next steps to improving access to and coordination of mental health treatments.
"Perhaps the most promising area of advancement in the behavioral healthcare space has been the influx of new capital that providers are using to create myriad solutions to improve care delivery, enhance care coordination and reporting, balance supply and demand, and improve workforce productivity."
To request a copy of the full-length Healthcare Mosaic report, or for more information on the companies from Ryan Daniels' coverage list, please contact us or your William Blair representative.