The Telemental Health Report: How telehealth can help US hospitals and health systems manage the $238 billion mental health crisis

Executive Summary

Mental health cases are spiking in the US, and they're overburdening emergency rooms, spreading a shrinking supply of mental health specialists thin, and racking up $238billion in costs annually. To make mental health services more accessible, a growing number of US health systems are deploying telemental health services and telepsychiatry to cut down on ER wait times and improve care access for mental health patients.

Three Questions This Report Will Answer:

• What underlying factors are leading healthcare providers to boost mental health care? What gaps are these digital solutions filling?
• What are some first-mover health systems implementing telemental health services and what results have they seen so far?
• What's next for telemental health?

WHAT’S IN THIS REPORT? In this report, Business Insider Intelligence explores how the onus of the US' mental health crisis falls on health systems and hospitals, and how they can navigate the costly dilemma via telemental health. We first dive into the challenges providers are presented with amid the crisis and how traditional mental health strategies are falling short in addressing them. We then examine how early moving health systems developed telehealth strategies to address their hospitals' unique issues and outline some of the potential barriers to adoption.