Source: Accenture’s Breakthrough Behavioral Health Access Report

The Signal: Back in April, we wrote about how employers were embracing mental health, with 95% of those surveyed planning to offer virtual mental health services to employees by 2022. We pointed to several opportunities, including PTSD treatment apps, employee assistance programs, and infrastructure for virtual mental health providers.

Source: CB Insights Healthcare Report Q4 2019

Since Then: Severe economic uncertainty and widespread social unrest have compounded the stress of the global pandemic. The UN released a dossier on COVID-19’s impact on mental health worldwide, and research from Accenture claimed that by 2025 the US alone will be facing a shortage of 250k mental health practitioners.