The Metro: A clinician’s perspective on why therapy is so inaccessible
For the first time in decades, more people are seeking talk therapy over medication.
The good news is there’s less stigma preventing people from accessing care. The bad news: A lot of people struggle to access therapy. Some clinicians argue that one of the big issues is private equity.
Private equity investments in health care have grown to over $750 billion over the past decade.
Linda Michaels says that’s had devastating consequences for both clients and clinicians. People are less likely to get the therapy they need. And therapists are in a worse position to offer it.
That’s the premise of Michaels’ talk this Sunday at a local fundraiser for a metro Detroit clinic. She is a psychologist in private practice in Chicago and a co-founder of the Psychotherapy Action Network. She spoke with The Metro‘s Robyn Vincent.
The Metro reached out to two big health insurance providers, United Behavioral Health and Cigna. We wanted their perspective on how their administrative systems have complicated work for therapists, and made getting therapy harder. We did the same for several private equity groups. None of them offered a comment.
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