Mental Health & Substance Abuse Services - Quarterly Update 6/28/2021

Brief Excerpt from Industry Overview Chapter: Companies in this industry provide outpatient and residential care and treatment for individuals with mental health and substance abuse illnesses. Major companies include Acadia Healthcare, Hazelden Betty Ford Foundation, and Spectrum Health Systems (all...

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Bibliographic Details
Published in:First Research Industry Profiles
Format: Report
Language:English
Published: Fort Mill, South Carolina Mergent 28.06.2021
Subjects:
Industry profiles
Industrywide conditions
Mental health care
Mental institutions
Outpatient care facilities
Statistical data
Substance abuse treatment
Trends
United States > US
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Summary:Brief Excerpt from Industry Overview Chapter: Companies in this industry provide outpatient and residential care and treatment for individuals with mental health and substance abuse illnesses. Major companies include Acadia Healthcare, Hazelden Betty Ford Foundation, and Spectrum Health Systems (all based in the US), along with the Centre for Addiction and Mental Health (Canada), and the Crossroads Centre (Antigua). Globally, resources for mental health services vary by region and by country. Spending on mental health services is between 5% and 18% of total health expenditures by countries that are part of Organisation for Economic Co-Operation and Development, a group of industrialized nations. The US mental health and substance abuse services industry includes about 12,100 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $38 billion.