Here's an alarming stat about mental health readmission rates from a 2022 study from the International Journal of Mental Health Nursing: Unplanned hospital readmission rate is up to 43% in mental health settings. The average readmission rate across general hospital settings? 14%, according to a 2018 study from the Agency for Healthcare Research and Quality. That's a 3:1 higher occurrence of readmission for mental health patients than the general hospital population. Enter Brave Health, a virtual-first behavioral health provider focused on serving Medicaid populations, that now serves over 65 million covered lives in 18 states. With the percentage of psychiatrists accepting Medicaid lessening each year, and 1/4 of Americans using Medicaid, this is a huge opportunity space, both in terms of clinical need and system disruption. (April 2024)