Mental health is a serious concern all over society including for kids, youngsters, and citizens.
Everybody goes through a mental illness like anxiety or depression once in their life. But the case of senior citizens is very critical.
According to the CDC, it is estimated that 20% of people aged 55 years or older have some type of mental illness.” The number does not stop here. Men aged 85 years or older have a suicide rate of 45.53% per 100000.” And many other facts on the list.
Considering these concerns, start-ups like Rippl have taken the initiative to solve these issues and support senior citizens.
“By 2030, all baby boomers will be at least 65 years old, and our mental health care system isn’t ready to care for them”- said the company.
Rippl was launched with $32 million in funding. The round was led by Arch Venture Partners and General Catalyst, in participation, from GV, F-prime
capital and Mass General Brigham.
In addition, the funds will be used in recruiting the staff and training its clinicians. Meanwhile, they are looking to build technology and open a Washington-based clinical support center.
The company is all set to go with its vision and bring new changes into mental health care.
Rippl’s on a mission to fix the mental health care issues for seniors
Right now, the mental health care experience for seniors is an annoyance. People do not get a good environment for their care. ER(emergency rooms) rooms of hospitals frustrated people. Especially, seniors who need treatment in their comfort zone at home.
What are they currently offering for senior care?
The company has prepared its base and moved toward the next stage. Meanwhile, focusing on training its clinicians.
Initially, they came up with different care facilities like…
- Specialized 24/7 behavioral health care support
- Care navigation and coordination
- Therapy for all the members: patients, family, and caregivers
- Comprehensive medication management
- Access to support groups, education, and tools to improve quality of life
- At-home monitoring facilities to predict better needs
“We’re committed to getting the right care to seniors, wherever and whenever they need it, whether it’s through a phone call, online, or in their living room”-said the company.
The company is also looking to build an experienced team of clinicians and a culture that will empower them.
In an announcement, the company said that they are working with clinicians institutions to design an academy that will be focused on training and upskilling its team.
Mental health is a silent disaster going on
We need more start-ups like Rippl to counter the situation, which we are going through right now. Mental health is facing a serious issue in care delivery and a silent disaster going on in the backend.
Rippl has taken a step to underline the current scenario. And, technology can be a helping hand in removing this.
There are still many problems in mental health that need to be addressed. For instance, A new study came out by Harvard business, highlighting “The new era for mental health at work.”
They found that almost seventy-six percent of employees working in organizations reported at least one symptom of mental health condition in the past year.
As a result, If we use the true potential of technological solutions like medical practice software development, healthcare app development, dentist practice management software, and telemedicine then it eventually supports start-ups like Rippl to bring change to healthcare and solve the current problems.
Even though, “the market size for mental health is expected to grow from $383.31 billion in 2020 to $537.97 billion by 2030 with a compound annual growth rate of 3.5%”, according to Alliedmarketresearch.
It’s the right time to enter the market with problem-solving solutions and a creative mindset as Rippl did. The future players of mental health care are going to play in billions.
Final words
Although, mental health with the advancement in technology can be the future of mental health care.
“Mental health problems do not define who you are. They are something you experience or feel. You walk in the rain and you feel the rain, but you are not the rain.” – Matt Haig.