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✍ 🧠 Ian Chiang (Partner, Flare Capital Partners) and Alexa Morse (Flare Scholar, Class of 2022) teamed up to share their thoughts with Slice of Healthcare in a recent article, "The Next Phase Of Behavioral Health Evolution: Rise Of Behavioral Health-Focused Infrastructure-As-A-Service Innovators" It's no mystery the behavioral health space is rampant with unmet care needs across many underserved populations. Whether you know that from a first-hand experience as a patient finding it difficult to access care or by following the abundance of research & data that's been shared on the space, we have collectively seen the challenges this sector continues to face. Speaking of the data, let's look at a few stats pulled from the report: 1️⃣ Nearly 20% of US adults reported experiencing a mental illness in 2022, with over half of those adults not receiving treatment. Even among youth in the US, about 15% have reported at least one major depressive episode in the past year, with 60% not receiving any treatment. 2️⃣ According to HRSA, there are over 6,400 designated mental healthcare professional shortage areas across the United States, and nearly 8,000 mental health practitioners are needed to remove these designations. 3️⃣ Mental and behavioral health has ranked as the #1 clinical indication by venture funding between 2018 and Q1 – Q3 2023, according to Rock Health. In this article, Ian and Alexa unpack the landscape of emerging innovators tackling these issues across the Behavioral Health-Focused Infrastructure-as-a-Service (IaaS) market — from provider staffing platforms to novel biomarkers & monitoring tools to patient engagement & outreach startups. Check out the full article below to read Ian and Alexa's thoughts on how they expect these categories to evolve in the future. Thank you, Slice of Healthcare, for the publication! P.S. A special shoutout to our Flare Capital colleagues, Ben Hall (SVP of Product & Technology, Author Health), Danish M. (Founding Partner, GreyMatter), Katherine Hobbs, MD MPH (CEO, Author Health), Nicoletta “Nicki” Tessler, Psy.D., M.B.A. (CEO & Co-Founder, BeMe Health) for their contributions to the article! 🌟 👉 Read the full article here: https://lnkd.in/gKtw_JcD

The Next Phase of Behavioral Health Evolution: Rise of Behavioral Health-focused Infrastructure-as-a-Service Innovators

The Next Phase of Behavioral Health Evolution: Rise of Behavioral Health-focused Infrastructure-as-a-Service Innovators

https://sliceofhealthcare.com

Mike Morgan

Vice President, Sales (Medical and Behavioral Health) & Payor Programs

2w

Great group of thought leaders and great read!

Becka Ross

BeMe Health | LCSW | Passionate about innovation that bridges the gap between quality and scale in mental healthcare | Board member | Advisor

2w

Great read!! Thanks for sharing!

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