Behavioral Health Business March 14, 2024
With the growing senior population and rising mental health and substance use issues among this demographic, the Centers for Medicare and Medicaid (CMS) are looking for new approaches to address behavioral health concerns.
Roughly 20% of people over the age of 55 have experienced a behavioral health issue, according to the CDC. In order to combat this issue, CMS has rolled out several initiatives to help expand the behavioral health workforce, offer more services and move toward value-based care.
“Mental health and substance use disorder in elderly and disabled populations is well understood and is also a growing need, while at the same time, we continue to have workforce shortages,” Dr. Katherine Hobbs, founder and CEO of Author Health, said...