Stephen Hays
Stephen Hays
#40 - Market Update 5/8/20: The Telehealth Revolution + CATASYS Q1 '20 Earnings
#40 - Market Update 5/8/20: The Telehealth Revolution + CATASYS Q1 '20 Earnings
#40 - Market Update 5/8/20: The Telehealth Revolution + CATASYS Q1 '20 Earnings
Friday 8th May 2020
Stephen Hays discusses telehealth's role in mental health care and insights from Catasys Q1 '20 earnings on Stigma Podcast.
12 minutes
Informative
Insightful
Thought-provoking
Educational
Engaging
About this podcast
Author:
Stephen Hays
Overview:
Categories:
Body & Mind
Mindful Recovery
Mindfulness & Technology in Health
Innovative Treatments & Recovery Paths
Sexual Stigmas & Myths
Links:
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Episodes:
91 (View all)
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Get the buttons here!Telehealth's Impact on Mental Health: Insights from Catasys Q1 '20 Earnings
This effort is resulting in another proof point of how important behavioral health care is for our system, our providers and our payers to pay attention to and to treat just as importantly, if not more importantly than physical health care.
Ever wondered how telehealth is reshaping the mental health landscape? In this episode of the Stigma Podcast, Stephen Hays dives into the latest trends and market updates, with a spotlight on Catasys' Q1 '20 earnings. Telehealth has become a game-changer, especially in the wake of COVID-19, and Hays explores how clinicians are increasingly turning to virtual care solutions. He discusses the potential for these innovations to stick around long after the pandemic fades.
Hays also sheds light on how companies in the digital health space can innovate and disrupt traditional mental health care models. One standout topic is Catasys' use of predictive analytics to identify health plan members who aren't receiving adequate behavioral health care. This approach not only improves patient outcomes but also significantly reduces costs for payers—by an impressive $8,000 per year per member. The episode doesn't stop there.
Hays delves into the broader implications for behavioral health startups, discussing market valuations and the growth potential for companies like Catasys. Despite being a public company, Catasys maintains a startup-like agility, focusing on high-growth behavioral solutions that set it apart in the market. This episode is a must-listen for anyone interested in the future of mental health care.
Whether you're a clinician, a startup founder, or someone passionate about mental health, you'll find valuable insights and forward-thinking ideas that could shape the industry for years to come.