The Mental Health Minute

Articles and news about mental health issues

Psych facilities’ economic impact touted

List of psychiatric medications
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This article is certainly interesting.  Now we can view our mentally ill as a means to improve the economy.  Hmmmm.

I am glad to see that someone is trying to think “outside the box”  here.  I really am.  However, I shy away from seeing my patients as a money-making entity.  These facilities treat real live people who are in bad places mentally or emotionally.

It is important that we all remember that these facilities are businesses and as such do concern themselves with that almighty “bottom-line”, but we also need to remember that for some people these facilities are the last chance to have a life.  I, for one, do not wish to think that our economy is improving on the backs of these lost souls.


In addition to treating individuals with severe mental and addictive disorders, inpatient psychiatric facilities also contribute to the nation’s economy, says a new report released at the National Association of Psychiatric Health Systems annual meeting in Washington. Conducted by healthcare economics consulting firm Dobson DaVanzo and Associates, the study reports that all inpatient psychiatric facilities—including psychiatric hospitals and residential treatment centers—have combined total expenditures of $20.6 billion and employ about 223,000 people.

Those expenditures translate to about $61.2 billion, meaning that for every dollar spent by inpatient psychiatric facilities, the nation’s economy realizes about $2.97.

“As organizations that serve some of the vulnerable and at-risk populations, we are proud that our work has a ripple effect that extends far beyond the walls of our facilities,” Kevin Sheehan, board chairman of the NAPHS, said in a statement.

Sheehan is president and CEO of Youth and Family Centered Services in Austin, Texas. — Jessica Zigmond

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March 9, 2010 - Posted by | Mental Health | , , , , ,

1 Comment »

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    Comment by Cary Kulhanek | April 4, 2010 | Reply

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