Behavioral Health Business November 7, 2023
Outpatient mental health finds itself in a tricky position.
On the one hand, society holds these providers up as essential to facing the mental health crisis, and investors have poured billions into the space. On the other, it is increasingly encroached upon by newcomers, which have potent business advantages.
To make matters worse, outpatient mental health providers are powerless to respond. Upstarts and newcomers fold mental health into broader service offerings. This, in turn, allows them to offer even more comprehensive services, personalized experiences and specialized care.
In some cases, these offerings have nothing to do with health care, creating a hedge against the challenges of the mental health industry. In others, health companies put a fence around their patients...
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