Mental health software (MHS) is custom built software that enables psychologists to understand the behavior patterns of patient/s and suggest them best treatment plan to deal against stress, anxiety, addiction, depression etc.MHS is widely used software by various professionals. It has the ability to retrieve pharmacy, laboratory and radiology data observations on the patients been treated.
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The software beholds various features for better operations that display patient demographics in concurrence with the admission facility of the hospital i.e. the application records patient demographics as well as displays availability of bed/s and current census. The software further provides the ability to have a customized report to address patient individual needs. Simply put, a mental health software also acts as an ERP that helps healthcare professionals run mental practices, and proving effective for administration management, patient records, workflow, care delivery, billing and coding.
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Improved health reforms, encouraging government initiatives, rising number of people looking for behavioral health support pose are favorable factors and continue to boost the market growth. However, data privacy issues, shortage of skilled psychiatrists, healthcare IT professionals and lower approach to behavioral health EHRs are some of the market restraints.
On the basis of component, the global mental health care software market is bifurcated into support services and software. Software is further bifurcated into integrated component and standalone component.
On the basis of delivery model, the mental health care software market is segmented into ownership model and subscription model. The subscription model dominates the segment owing to data centralization capacities, higher level of interoperability, software auto-upgrades and ease of customization. In addition, it offers cost-effectiveness as it eliminates the cost of software and hardware.
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