A study published today in Jama Psychiatry finds that mental health care ties with cancer for the third highest medical expense in the United States, after heart disease and trauma. The study, from Yale, Columbia, the New York Medical College and New York State Psychiatric Institute reports that “While medical professionals at large have begun to consider potential solutions for addressing high costs and low-value care, psychiatrists have been relatively insulated from the discussion for 2 reasons: their infrequent use of the costliest medical procedures and the diffusion of their highest cost factor, psychiatric medications, across a wide number of medical specialists.”
Barkii-Oteo, A., Stern, D., Arbuckle, M.; Addressing the Cost of Health Care From the Front Lines of Psychiatry. Jama Psychiatry. June 2014, 71(6) 619-620. doi:10.1001/jamapsychiatry.2014.121.