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Health Enables Wealth

March 8, 2017

What do you think when you look at your paycheck and the amount going towards taxes continues to increase? How do you feel when you look at the annual spending for different categories and notice that healthcare is becoming an ever-increasing segment of his equation? When is the last time that you sat in amazement at the high quality of life that you and your neighbors have, as well as how healthy everyone is when you look at them on the streets?

America is facing a national crisis: nearly twenty cents of every dollar is spent on healthcare currently with almost no end in the near-term. The amount is increasing at levels that are not seen in other areas of the economy, while the outcomes for the actual citizens is staying relatively flat or going down as compared to other nations.

How could a country with so much technological innovation in every other facet of the economy forget to embrace technology for quite possibly the most important thing- our health? While we have the IPO of a message-disappearing service Snap surpassing $30 billion, the ability to order a private car on-demand, and food delivered whenever through an app, there is still an immense void in healthcare, particularly behavioral healthcare.

The estimated shortage of behavioral health doctors in America is nearly 20,000: there simply are not enough doctors for the demand generated when nearly one in four Americans are battling a mental health condition in each year. On top of the shortage, many people find themselves in locations, such as rural settings, where the nearest doctor could be hundreds of miles away.

Is technology part of the solution?

Perhaps a better method to ponder the existing problem is to consider if technology isn’t part of the solution?

  • How do we ensure that people who are facing immense bouts of depression, anxiety, panic attacks, stress, substance abuse, and a whole host of other conditions related to our behavior receive timely care without technology?
  • How do we ensure that the care that these people are receiving is efficacious, ties to transparent black-white data, and are improving?
  • How do ensure that the health, as well as indirect societal costs, are minimized as much as possible?

With these pressing issues, technology must be harnessed.

Through a five-year validation process with the Department of Veterans Affairs, Prevail has developed, tested, and is scaling said solution. The affordable technology could be placed in front of a large population and increase the amount of people who are receiving some form of behavioral health treatment through its anonymous peer to peer chat coupled with its interactive program, while at the same time drive down overall costs.

Interested to support the cause to provide access to needed care by signing here, or to find out more about Prevail click here.

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