Adoption Of Technology-Based Therapeutic Tools To Fuel Behavioral & Mental Health Software Solution Usage

The global behavioral and mental health software market is expected to demonstrate significant boom over the projected timeframe. The market is driven by the booming health IT infrastructure. It encompasses an array of technologies ranging from electronic health records (EHR) to patient portals, health information exchange, and telehealth modalities. EHR is a digital version of patient health information charts, which are available to both patients and medical professionals in real-time. These patient-centric records are securely made available on demand to authorized users. It collectively contains all medical and therapeutic histories, which goes beyond the clinical standard at the provider’s office to provide an all-inclusive view of patientcare. 

The market is driven by technological advances like the integrated care systems which are delivering affordable solutions in a more systematic and accountable approach. It also provides bi-directional communication between behavioral health experts and primary care. Furthermore, the Health Information Exchange (HIE) program allows doctors, patients, and other medical providers to securely share vital patient information electronically. E-prescribing tools can generate doctor prescriptions which uses telecommunication technologies to promote and support long-distance medical care. Video conferencing, streaming media, store-and-forward imaging, and terrestrial & wireless communications are some of the technologies used for professional health education, administration, and public health. 

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Regulatory bodies are keen on updating their strategies to reduce the clinical and administrative burden on the EHR system. In February 2020, the U.S. Department of Health and Human Services (HHS) announced the comprehensive strategies being updated and released that will satisfy the quality reporting and billing requirements. Furthermore, effective from January 2021, medical professionals will be able to make efficient time usage and strengthen their relationship with patients by spending more time assisting them and less time documenting their visits. 

Electronic systems can handle panelist marked under Alcohol and Drug Abuse Patient Records regulations or 42 CFR Part 2. It includes the Clinical Decision Support (CDS) that uses behavioral & mental health settings and to provide behavioral & mental health care in primary care settings.  Strong and robust patient-provider interaction has been associated with retention of patient information and enhanced patient comprehension, which has in turn fueled patient satisfaction, reduced anxiety, increased compliance, and improved treatment outcomes.

The market has been primarily segmented based on component, delivery model, end-users, and function type. The end use market has been further categorized into payers, providers, and patients. Geographically, the market has been segmented into North America, Asia Pacific, Europe, Latin America and the Middle East & Africa. 

Some of the key players operating in the market are Core solutions, Inc.; Cerner Corporation; Epic; Welligent, Inc.; Netsmart Technologies; and others. Stakeholders urged ONC to collaborate with other federal agencies to use health IT to facilitate the streamlining and standardization of duplicate reporting. The current standards can be a launch point for standardizing data collection by federal and state agencies.