MHEALTH

Learn more about the use of mHealth technology
in the mental health space

mHealth -scalable and cost-effective mental healthcare

mHealth -scalable and cost-effective mental healthcare

mHealth provides the opportunity to offer scalable and cost-effective mental healthcare. One of the greatest challenges the healthcare systems face is the long-term care of individuals with severe mental disorders. Fortunately, some of these issues can be partially solved with the use of mHealth technology.

Can mHealth technology be used to save costs ?

Can mHealth technology be used to save costs ?

According to an article published on Harvard Business Review, digital health tools have the potential to provide effective, low-cost ways to prevent and treat chronic illnesses. The article states that these technology-based solutions that have a clinical impact on disease comparable to that of a drug, and they use consumer-grade technology such as mobile devices and big data analytics that can be deployed in real-time and at scale, which is critical for the management of chronic diseases.

MHealth, a scalable and cost-efficient solution for mental healthcare

MHealth, a scalable and cost-efficient solution for mental healthcare

Preventive measures such as mental health promotion and early intervention are the most cost-effective way to tackle mental illness on a global scale. Mobile health (mHealth technology) provides doctors, researchers and the general population with new ways to monitor a patient’s progress, access self-help tools, and increase understanding of mental well-being.

MHealth, a cost-efficient solution for insurance companies

MHealth, a cost-efficient solution for insurance companies

Technology start-ups are disrupting many existing business models, including the insurance industry. Most of the current trends in the insurance industry have technology as a driver. By 2020, the global Internet of Things market is expected to reach 1.7 trillion USD, and the number of connected devices is expected to reach 29.5 billion.