Mental health is a growing issue for employers, and the broader healthcare industry as a whole. The rising costs tied to untreated mental health concerns are hard to ignore; employees with unaddressed symptoms can have up to 3.5 times higher healthcare costs. As organizations turn to high-quality mental health solutions for their employees, it’s essential to understand how different levels of care influence both clinical outcomes and overall cost – often referred to as a return of investment (ROI).
The aim of this ROI study was to understand the financial impact of this adaptive approach on healthcare spending. Modern Health partnered with a third-party actuarial firm, Accorded, to examine how engagement with different care types and improvements in mental health symptoms can influence total cost of care.
Study findings include:
- Investment in quality mental health programs pay off.
- Focusing only on the most clinically severe leaves money on the table.
- Therapy alone will not drive ROI.
Read more about the ROI Study by clicking this link.