Paying Psychiatrists More Could Be the Cheapest Fix for America’s Mental Health Crisis
Higher Medicaid reimbursement for psychiatrists was associated with lower utilization and lower costs among patients with serious mental illness. NEW YORK, NY, UNITED STATES, June 16, 2026 /EINPresswire.com/ -- Medicaid covers approximately 26% of American adults living with serious mental illness, yet pays the psychiatrists who treat them less than almost any other specialty in medicine — and less than Medicare pays for the same services. A landmark new study published in The American Journal of Managed …