The behavioral healthcare industry constantly evolves, with new players entering the market and larger organizations attempting to consolidate through acquisition. Navigating this landscape is tricky, even for an experienced behavioral healthcare professional, which is why it is essential to have a healthcare business consulting firm helping you forge a path forward.
Legal and regulatory changes are the most common impacts on the behavioral healthcare industry. However, operational issues related to insurance, billing, organizational structure, and regulatory compliance are just a few industry components that extend to the individual treatment center and are critically important to running an efficient business.
Jordan and Associates Consulting can help you make the right business decisions and overcome operational challenges. Let us be your trusted advisor and partner in behavioral healthcare. Call us today at 888.556.0725.
Jordan and Associates Consulting Provides Comprehensive Consulting Services
The behavioral healthcare industry is growing in the United States. The National Institute of Mental Health states that 1 in 5 adults in America suffers from some form of behavioral health issue. And these individuals are seeking treatment and services, which is driving demand and industry growth. Additionally, the increased willingness of patients to use telehealth services is expanding access to behavioral healthcare services.
According to Fortune Business Insights, the U.S. behavioral health market is projected to grow from $77.62 billion in 2021 to $99.40 billion in 2028 at a compound annual growth rate of 3.6%. There are many moving parts, which is why an experienced professional in healthcare business consulting is an essential part of any team.
Business Effects of COVID-19 Pandemic
The coronavirus disease or COVID-19 outbreak of 2019 significantly impacted worldwide healthcare. According to a McKinsey and Company report, due to the COVID-19 pandemic, there has been a 50% increase in the prevalence of behavioral health conditions.
The pandemic led to a drastic increase in the use of virtual modalities (i.e., telehealth) for healthcare-related services, including health treatment for behavioral disorders, such as:
- Mental disorders
- Substance abuse
Many companies offering virtual healthcare services witnessed strong growth in their sales.
Whether you are a start-up treatment center just entering the industry that needs a trusted advisor, or a seasoned professional who needs help to gain operational efficiencies, Jordan and Associates Consulting offers the consulting services you need to grow and thrive in the behavioral healthcare industry.
Why Jordan and Associates Consulting for Healthcare Business Consulting?
Driven by his personal recovery and desire to help others, Jordan Young, C.E.O. of Jordan and Associates Consulting, began his career in behavioral health in 2010 after a successful career in corporate B2B sales.
With over a decade of working in behavioral healthcare, we’ve learned from and formed relationships with thousands of trusted contacts that serve treatment centers in all facets. Our mission is to turn your points of pain and angst into the most successful parts of your business that never cause you another sleepless night.
We help behavioral healthcare companies get it right every time. From the right people and connections to the right improvements and business decisions, Jordan and Associates Consulting helps companies function at the highest level.
Reach Out to Jordan and Associates Consulting Today
Our expert team is ready to jump in and guide your behavioral healthcare company to new heights. We want to use our knowledge and connections to help you achieve and exceed your goals.
We will work with you to develop a customized, strategic plan that prioritizes and address your business concerns. With our experience and extensive network of contacts, we are prepared for almost any challenge or obstacle your treatment facility might face. The behavioral healthcare industry is growing at an accelerated rate, and managing the change and growth requires a knowledgeable partner guiding you through the ups and downs of industry impacts.
For more information about Jordan and Associates Consulting, or to set up a consultation, simply give us a call at 888.556.0725.