McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
And I would say, even though I emphasize the medical and employee assistance programs, all of that, because they're all very important, I believe the spiritual element is at the core of successful treatment for people suffering from these illnesses.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
When we passed parity and we did the ACA, we set into motion a whole series of chain reactions.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
Among those chain reactions is this desire to create value-based purchasing and underwriting, which really starts to put providers into a whole new mode of thinking about how to keep their patients healthy.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
as opposed to just checking the box every time they come in and they need sick care.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
And that's so helpful because frankly, with mental health, that's the secret sauce for overall total cost of care.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
Management is addressing something that's never been touched, which is underlying comorbidities of depression, anxiety.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
So I would say that that's very, very exciting and is happening now.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
I think that
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
The real goal for us is pay for what gives us the biggest punch.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
Investing in social determinants, investing in mental health and total well-being,
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
That's going to keep people independent and leading a higher quality of life and reducing the number of times they go to the ER, keeping them more compliant with all of their healthcare needs.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
So there'll be much more adherence to other medical protocols.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
I mean, it is just positive all the way through.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
And rather than me saying you've got to cover mental health, which is what we did through the parity law,
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
it's a lot more effective if payers say, we'll make more money if we reduce total cost of care.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
And guess what?
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
Mental health is the key to doing it.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
That's a nice thing that we're seeing how the market forces are aligning to make our message salient.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
We've been advocating, advocating, advocating, but there's nothing like that.
McKinsey on Healthcare
Changing views on mental and substance use disorders: An interview with Patrick Kennedy
interest in the payer world, in the provider world to start focusing on this as the new frontier of our time.