ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Health Officials Still Focused on COVID, Despite Rise in Opiod Epidemic

By: NewsUSA

By Brad Bauer, Senior Vice President, Bamboo Health

(MWW) - While COVID rightly remains a high priority for healthcare professionals, public officials, and the media, the pandemic has drawn attention away from the opioid epidemic. The Centers for Disease Control and Prevention (CDC) report that more than 100,000 people died of drug overdoses from April 2020 to April 2021, up almost 30% from the 78,000 deaths in the prior year.

Of those deaths, more than two-thirds involved opioids. This astounding number exceeds the overdose death toll in any year since the opioid epidemic began in the 1990s and is the largest annual percentage increase since 1999, according to The Commonwealth Fund.

It's clear that healthcare providers, behavioral health professionals, and federal and state governments collectively must renew their focus on opioids. Not only does opioid addiction devastate communities and families, but it also exacts a huge toll on our economy.

First, treatment services for substance use disorders such as opioid addiction need to be made more accessible and affordable to those who need it. Accessibility starts with helping to fund financially imperiled and resource-strapped treatment organizations to keep their doors open and services available. To that end, the Biden Administration in August announced $10.7 million in federal grants to enable state and regional networks of pediatric mental healthcare providers to integrate telehealth services into behavioral healthcare programs and substance abuse treatment. While that's a start, more government investment in opioid treatment is critical.

Second, we need to upgrade and expand crisis services to make these easily accessible to all in need. In July, the 988 initiative launches, establishing a new nationwide 3-digit number for people in crisis to connect with a mental health professionals and suicide prevention counselors. Beyond infrastructure needed to support this, such as mobile crisis teams, states must also invest in digital infrastructure necessary to ensure people can access care once they've contacted a crisis line.

Third, we must integrate new treatment models such as telemedicine into care plans. This may require relaxing regulations governing the delivery of remote care. We know from our experience during the pandemic that telemedicine is effective, so it makes sense to permanently waive remote care restrictions so more people can get help to overcome mental health challenges and addiction.

Finally, we must continue to use the powerful technologies already at our disposal to monitor the dispensing of prescribed opioids. State prescription drug monitoring programs (PDMPs) allow physicians and pharmacists to see a patient's recent prescription history and make more informed decisions to keep patients safe. Providers are more aware of prescriptions and changes in prescription history to help reduce negative drug interactions, prevent opioid misuse, and reduce the risk of opioid-related harm.

Bamboo Health's NarxCare is a clinical decision support tool and care management technology application currently used in more than 30 states and jurisdictions. The platform helps prescribers and dispensers analyze controlled substance data from PDMPs to make more informed prescription-care decisions. NarxCare automatically analyzes PDMP data and then it provides an interactive visualization of prescription drug usage patterns along with use scores and an overdose risk score.

NarxCare is designed to provide physicians and pharmacists with a tool to ensure highly addictive pain medication is prescribed accurately to those who need it, while also helping to identify patients who may need intervening steps.

The opioid epidemic isn't going away by itself. We must all focus on reducing the death and destruction caused by insidious and persistent addiction. It will take caring, commitment, cooperation, and the right tools and resources. It will be a tough fight, but it's one we can win.

 

Recent Quotes

View More
Symbol Price Change (%)
AMZN  233.22
+4.06 (1.77%)
AAPL  278.85
+1.30 (0.47%)
AMD  217.53
+3.29 (1.54%)
BAC  53.65
+0.66 (1.25%)
GOOG  320.12
-0.16 (-0.05%)
META  647.95
+14.34 (2.26%)
MSFT  492.01
+6.51 (1.34%)
NVDA  177.00
-3.26 (-1.81%)
ORCL  201.95
-3.01 (-1.47%)
TSLA  430.17
+3.59 (0.84%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.