There’s a new focus on tech-based mental health treatments for young people

Since the start of the COVID-19 pandemic, there's been an increased focus on mental health, especially among young people. 1 out of every 6 children age 6 to 17 experience a mental health disorder every year, and now a new investment company wants to use technology to make them easier to treat.

And if Telosity is successful, in the near future, kids and teens might be meeting their mental health counselors in cyberspace, which the company wants to use as a jumping off point to meet young people in the space where they're most comfortable. "We can use that as a place for resources,", says Srivastava,"whether its educational types of capabilities, self learning mental health, being able to provide tele-therapy solutions, et cetera.

And it's not just scheduling apps and telemedicine; new advancements in virtual reality could make it much easier for doctors to examine - and also treat patients - in an online setting. Telosity has been seeing a growing market interest in augmented and virtual reality , and much of it focuses on mental health assessment tools for providers.

It's also good news for businesses. Telosity released a report last month showing youth mental health solutions will be a $26,000,000,000 market by 2027, and the company calls that an unprecedented opportunity for businesses to beef up their bottom line, while also providing help to millions of the most vulnerable Americans. Srivasta says that could be a major selling point for investors in the mental health space.

Source: News Formal (newsformal.com)

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kat Timpf: People take ayahuasca to benefit their mental healthKat Timpf discussed with Greg Gutfeld and other guests how people are using ayahuasca as a benefit to their mental health on 'Gutfeld!'
Source: FoxNews - 🏆 9. / 87 Read more »

A shrinking workforce is holding back Anchorage’s economic recovery after COVID-19, report findsPeople — especially young people — leaving Alaska to work elsewhere is a major contributor to a severe labor shortage that’s holding back the city’s economic recovery, according to a new report. I wonder how the Industry 4.0 & general automation will impact Alaska’s brain drain problem.
Source: adndotcom - 🏆 293. / 63 Read more »

New York health care workers could be eligible for up to $3K bonus under new programThe Health Care and Mental Hygiene Worker Bonus program includes $1.3 billion in funding.
Source: ABC7NY - 🏆 592. / 51 Read more »

Walters: California taxpayers will subsidize new A’s ballparkThe $279.5 million may not technically be a gift of public funds to a private developer, but it certainly smells like one. 🤡
Source: OakTribNews - 🏆 597. / 51 Read more »

New Studies Show Growing Number of Trans, Nonbinary Youth in USTwo new reports indicate that more young people in the US under age 25 self-identify as trans and nonbinary than older individuals. 🤦🏻‍♀️ Won't end well. Who feel free to.
Source: Medscape - 🏆 386. / 55 Read more »

Why Did Kim Kardashian Just Tell Us Her Body Fat Percentage?In the immortal words of her sister, Kourtney: 'Kim, there’s people that are dying.' Because privacy was murdered by attention? Only fat people seem to have a problem with this. Why anything about her?
Source: Jezebel - 🏆 153. / 63 Read more »