Mental Health & Substance Abuse Clinics in the US
Public appreciation has risen for the economic, personal and societal benefits of treatment for mental illness and substance abuse. Amid a treatment shift from inpatient to outpatient settings, a growing opioid epidemic and increased health insurance coverage, demand for the Mental Health and Substance Abuse Clinics industry has grown. The federal expansion of Medicaid as part of the Patient Protection and Affordable Care Act (PPACA) during the period has contributed significantly to an increase in the number of people with coverage. In addition, rising disposable income has made services more affordable for the small proportion of individuals who pay for them out of pocket. Unfortunately, demand for industry services has risen faster than the supply of labor, resulting in a shortage of psychiatrists, especially in low-income and rural areas. During the outlook period, this employment shortage is expected to limit industry growth, while the growing drug epidemic is expected to continue rapidly increasing demand.
This industry includes establishments with medical staff who primarily provide outpatient services related to the diagnosis and treatment of substance abuse and other mental health disorders. The industry excludes facilities or hospitals that treat inpatients. It also excludes establishments that primarily use medical treatment to care for mental health patients.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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