Favorable industry trends promoting increased access to care, better provider training, enhanced reimbursement models, the rise of telehealth, and the continued march towards value-based care are fueling innovation and investor interest in adolescent behavioral health.
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There continues to be an increased urgency to address behavioral health shortfalls in the U.S., and in recent years, attention has meaningfully shifted focus towards the well-being of adolescents (ages 12-17). This demographic now represents a major segment of the broader behavioral health landscape, driven by a surge in mental health issues among today’s youth. According to the American Psychological Association (APA), the demand for adolescent mental health services is only growing – ~50% of psychologists in 2022 reported increases in the number of adolescent patients treated – highlighting the pressing need for more effective solutions.