(Source: https://medcitynews.com/ ) Since the start of the pandemic, more companies have adopted digital tools to give people access to mental healthcare. Investors poured a record amount into these tools, roughly $2 billion in equity funding, according to data from CBInsights. Startups got a boost when the Food and Drug Administration waived regulatory requirements that “computerized behavioral therapy devices” submit a 510(k) premarket notification.
Despite these changes, digital mental health tools still face significant challenges to adoption in the U.S. The lack of reimbursement or evidence standards are two big barriers to uptake.
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