There is an enormous increase in interest, activity and progress within the field of mental health and the purpose of the Augmented Mental Health interview series is to explore the ways in which enablers from the mental health ecosystem are helping and what they are aiming towards. It is crucial to understand how Augmented Mental Health solutions can benefit people and how these solutions are shaping the future of mental healthcare. By looking into the current situation of mental healthcare from the perspective of industry leaders, insurance companies, therapists, pharma, technologists, employers and patients, we can begin to understand how we can improve mental health.
We recently sat down with Julie Capistron and Jamie Price, Co-founders at Stop, Breathe & Think, to hear their views on what the future of mental health care looks like.
The zero suicide initiative is no pipe dream.
Targeting the overwhelming majority of those that commit suicide—people suffering from mental illness—millions of dollars are being invested in new advanced suicide prevention systems and technologies, including new cutting-edge augmented mental health innovations.
In this article, we introduce the smart arm of the zero suicide initiative, stemming from the budding augmented mental health industry, touching on the exciting new digital technology innovations actualizing zero suicide in the present day!
Insurtech innovations targeting mental health present a lucrative gateway to establishing a strong share of 2020’s estimated $1.6 trillion global health insurance market.
Its mental health history in the making: As augmented mental health systems hit the market, the power to objectively monitor emotional and behavioral health is in the hands of mental health professionals for the very first time—the benefits are numerous and priceless. But how does employing such new technology impact the therapeutic relationship, an integral tool for transformation in modern forms of therapy?
Augmented Mental Health as part of the Internet of Things (IoT) is kindly bringing about the death of psychotherapy as we know it in providing personalized, real-time data-informed therapy like never before. When FortiGuard Labs reports that healthcare is now experiencing twice the number of cyber attacks than other industries and IoT devices are becoming a bigger target, how are data privacy and security measures evolving to protect some of THE richest and most personal data out there?
Could New Mental Health Tech Tackle Gun Violence?
Construing and ignoring the evidence-based link between gun violence and mental health is costing lives—although the connection may not be what you are thinking. New mobile mental health tech can meet the high demand for gun prevention research in the development of data-driven policies and gun violence prevention strategies, be a key instrument in driving down currently devastating gun violence statistics, and as a population-level solution, could save 1000s of US lives every year.
The invention of cutting-edge emotion recognition technology is spearheading the rapidly emerging field of Augmented Mental Health—with potential to radically revolutionize the mental health care industry. Combining increasingly affordable smart mental health monitoring technologies with the real-time provision of evidence-based therapy to treat mental disorders and improve well-being, Augmented Mental Health systems allow for previously unobtainable levels of personalized, smart, efficacious, and on-time care.
Mental health care policies and practices failing to meet demands is placing an immense economic and social burden on the planet, costing trillions each year, where the incremental indirect costs of untreated depression in terms of lost productivity is the biggest offender.
The latest solution, Augmented Mental Health with advanced mental health monitoring and therapeutic intervention, has the capacity to yield unmatched, cost-effective improvements for the currently extortionate direct and indirect costs of untreated depression that cripples lives and communities world over.
--by George Eleftheriou, CEO, Sentio Solutions
When Haris and I started our startup journey a few years ago, we had both recently struggled with our Mental Health. I was recovering from a depressive burnout after overworking myself, and he was having panic attacks out of the blue. Both of us, decided to start psychotherapy, and quickly realized that psychotherapy -although extremely helpful, and probably the best investment we’ve done in our lives- was happening in an outdated way and needed to be modernized.
We also realized that we were not alone in this. Mental health disorders are on the rise. The numbers speak for themselves. According to the World Health Organization, close to half a billion people globally suffer for some sort of mental health illness. One in five people in the US today are dealing with an illness that impacts their mental state. To put it in context, this statistic outnumbers the entire population of California. Today depression is affecting 300 million people worldwide. What’s worse is that the National Institute of Mental Health estimates that by 2030, depression is expected to be the leading cause of disease burden globally.
While mental health disorders are on the rise, so is the demand for mental health care services. But, the current healthcare system can not keep up. Mental health disorders cost $467 billion annually to the US economy. On top of that, behavioral health issues are a key predictor of high costs. Among the population suffering from chronic disease, those with a mental illness cost between to 2 and 3 times more than those without. Care providers have not yet adequately responded to the burden of mental health disorders while poor quality of care continues to be a problem for many patients who receive treatment. What are the culprits you might ask? Several reasons.
Thanks to technological advances in emotion recognition, augmented mental health systems that objectively monitor and improve mental health and wellbeing, represent the ultimate multi hit tool to maximize employee and organization productivity, generating substantial savings by targeting mental health, occupational stress, and burnout.
An Interview With Stop, Breathe & Think
Zero Suicide? New Scientific Tools to Turn Fantasy into Reality
Smart Mental Health Insurance—The Key to Insurtech Industry Dominations?
Can New Mental Health Tech Enhance the Therapeutic Relationship?
Data Privacy & Security in the Era of Augmented Mental Health
The Death of Psychotherapy As We Know It
Mental Health Insurance Crisis: Can mHealth Help?
Plug the Employee Productivity Drain with Augmented Mental Health
A Global Access Solution to the Trillion Dollar Mental Health Crisis