Increased mental health funding saves lives, study shows
A new study indicates that an additional $7.30 per adult annually in mental health funding could prevent over 300 suicides per year. This investment would also reduce hospitalizations and emergency room visits. The research found a direct correlation between lower Medicare spending on out-of-hospital mental health services and poorer mental health outcomes, including higher suicide rates. This disparity is largely due to a shortage of mental health providers in certain areas. The study suggests that increased funding should be targeted towards rural and low-income regions to improve access to mental health specialists. The authors recommend workforce expansion, funding model reforms, and improved digital mental health services.