The Mental Health Field is Growing Fast, here are three companies to watch out for

Discover promising mental health companies leading the charge. Learn about Lifebulb, Modern Health, and Brightline in our comprehensive overview.

Introduction

In 2023, 37% of people had a mental illness, a 5-point increase from 2020, and that percentage is expected to rise. Although we have seen a decline in mental health, there has also been a boom in mental health employment; the field is expected to grow by 18% in the next decade. 

We seem to be at a crossroads with our mental health: We have the professionals and treatments we need to get better, but the right method can get lost under all the misinformation. Who can you trust to turn to about your mental health? 

We’ve done the research and identified three emerging mental healthcare companies that can address these challenges. All of these companies have started in the last 5 years and are exploding in growth. Their services are rooted in science and effective therapy methods, so you can rest assured you’re receiving the best possible care. 

Here are three mental health companies that are rapidly rising to the challenge of our declining mental health and are worth checking out.

Best for Individual Mental Health: Lifebulb Counseling and Therapy

First on our list is Lifebulb, a telehealth company that provides convenient, effective, and affordable therapy to their clients by taking care of their therapists. They focus on improving mental health by helping clients heal past wounds, mend relationships, and prepare for a brighter future. Since opening in 2022, Lifebulb has expanded into 8 different states and has over 100 employees, touching the lives of over 1500 clients. 

Their provider-centric approach makes them stand out. While other companies make therapists do their own marketing and run their own business, or aren’t able to provide financial security, Lifebulb prioritizes making a secure, comfortable place to work so their therapists can focus on what really matters: their clients.  

If you’re looking for online therapy from licensed professionals, Lifebulb is a great option to consider.

Best for Employee Mental Health: Modern Health 

It’s been well-documented that healthier and happier employees are more productive and produce higher-quality work. Also, people who are happy at their jobs are less likely to leave, and mental health at work can have a huge impact on an individual’s mental health at home. All in all, it’s vital for companies to create a strong culture of mental health in their workspace. Modern Health is helping with that by offering companies a unique mental health benefits package that focuses on improving workplace culture and is designed to enhance employee well-being. Their approach prioritizes personalized care, cost-effectiveness, and academic research to create a happier, healthier, and more productive workforce. 

If you’re looking to improve your workplace’s mental health culture, Modern Health is the company you need to consider.

Best for Children and Teenagers: Brightline

Adolescents are one of the most at-risk groups for mental health issues. Most psychiatric conditions start before people are 25, and 1 in 7 children aged 10-19 will experience a mental disorder (most commonly anxiety or depression). 

Children and teenagers often benefit from specialized care. The same therapeutic techniques used for adults can work for children, but it can help to have a personalized plan that takes into account their life, age, and experiences. For example, a teenager may need extra support after a bad grade on a test, but a full anxiety treatment may be too much. Knowing how to connect with and help treat teeangers and children is a specialty not all mental health professionals have. Brightline is a mental health care company focused on providing support for children and teenagers experiencing mental health issues. Their services take a collaborative approach, working with young people and their families to create personalized care plans. If your child needs extra support, Brightline is definitely worth checking out.

When to Reach Out for Mental Health Support

Taking the first step to seek mental health support can be tough, but it’s crucial for your well-being. If you experience any of the following warning signs, reaching out for therapy could greatly benefit you. Remember, there’s no shame in asking for help—it’s a sign of strength and self-care.

Here are some warning signs that may indicate the need for mental health support:

• Persistent feelings of sadness, emptiness, or hopelessness

• Intense mood swings or emotional outbursts that impact your daily life

• Constant worry, anxiety, or racing thoughts that interfere with your daily functioning

• Difficulty concentrating or making decisions, experiencing memory problems

• Increased irritability, anger, or agitation without apparent cause

• Social withdrawal and isolation, avoiding activities and people you used to enjoy

• Changes in sleep patterns, such as insomnia or excessive sleeping

• Significant weight changes or disturbances in appetite

• Loss of interest in activities you once found pleasurable

• Thoughts of self-harm, suicide, or excessive preoccupation with death

This list is not exhaustive, and everyone’s experiences are unique. If any of these warning signs resonate with you, it’s a good indication that seeking therapy could be beneficial.

Taking the courageous step towards therapy can lead to brighter days and a more fulfilling life. You are not alone, and there is hope. Together, we can light up the path to your well-being.

Conclusion 

In conclusion, the growing demand for mental health care is generating growth and innovation in the mental health industry. From telehealth to workplace benefits to specialized children’s care, these three standout mental health companies are keeping up with the times and making mental health care more accessible, affordable, and effective. They’re worth keeping an eye on as we strive to address the growing need for mental health care in the years to come, and to try out for yourself if you find yourself in need of extra support and care.