Wrap-Around Services, New Funding Models Hold Promise for Improving SMI Treatment
Behavioral Health Business December 6, 2023
The behavioral health industry often falls short when caring for underserved communities with serious mental illness and substance use disorders.
Despite the infusion of capital that poured into the mental health industry over the last few years, the bulk of that investment has been centered around low-acuity patients with commercial health plans. However, many are now looking to use innovative models to serve high-need patients with SMI and SUD that may have social determinants of health risk factors.
In 2021, venture capital poured more than $5 billion into the mental health industry, according to Rock Health.