Currently, more than 21% of young Americans battle a mental or behavioral health disorder, according to a Rock Health report. Challenges like systemic racism, social media and the Covid-19 pandemic exacerbated issues. And the kids aren’t the only ones affected: 53% of working parents say they’ve missed work at least once a month due to their child’s mental health. Investors are taking notice. In the past, youth mental health was underinvested in — less than 5% of digital health investment went to pediatric digital health between 2011 and 2023, according to Rock Health. But funding is growing, with digital youth mental health companies like BeMe Health, InStride Health and Backpack announcing major funding rounds in 2024.
Read the full article: Funding in Youth Mental Health Is Growing. Where Are the Opportunities? //
Source: https://medcitynews.com/2024/10/funding-youth-mental-health/