In This Post:
Presenters:
Dr. Anita Lungu
VP of Clinical Product and Research
Kate Siano
Regional Director of Strategic Alliances
Mental health in the workplace is more critical than ever and investing in comprehensive mental health solutions can drive tangible value. How to assess ROI for such mental health solutions? How to achieve more for members in need of mental health care with limited resources? What’s “real” when it comes to ROI? Many studies are available on ROI in mental health care, but we frequently wonder what is truly accurate regarding ROI. Understanding this topic is increasingly important given organizations’ escalating cost of care and budget constraints. When every dollar is significant, it’s essential to ensure you’re investing in solutions that yield the best ROI.
Lyra Health, a leader in workforce mental health solutions, recently hosted a webinar on the “Real ROI: The Truths of Mental Health Economics,” exploring the cost benefits of mental health investments and the measurable impacts on healthcare spending. Dr. Anita Lungu, VP of Clinical Product and Research at Lyra, and Kate Siano, Regional Director of Strategic Alliances at Lyra, guided us in unraveling the complexities of these studies to help us make more informed decisions.
About Lyra Health
Lyra Health leads with science and innovation. They are committed to delivering strong clinical and ROI outcomes and using data to support MH strategies. Their mission is powered by the belief that everyone deserves quick, easy access to high-quality mental healthcare. Because of its network and consistent oversight of provider quality and capacity, Lyra can connect members to high quality care in less than one day.
Lyra is transforming Workforce Mental Health by partnering with organizations across the globe. Together they promote mental wellbeing by offering training and development programs for managers and teams to notice and respond to mental health needs in the workplace and break the stigma of seeking mental health support.
The Need for High-Quality Mental Health Care
Lyra Health’s mission centers on accessible, effective mental health care. Their model integrates preventive and complex care, offering coaching, therapy, medication, and courses on resilience, mindfulness, and stress management. This all-encompassing approach is proven to improve clinical outcomes, reduce healthcare costs, and sustain benefits over the long term.
Mental health care is a multifaceted area, both regarding the needs of individuals and the options for treatment.
Some of the key decisions made at Lyra are positively impacting clinical results as well as delivering cost savings and ROI for employers. A fundamental high-level choice Lyra has made as a company, right from Lyra’s inception, is to adhere to scientific principles in its methods with a strong emphasis on achieving results for its members and Customers. Adhering to scientific principles has consistently been one of Lyra’s core values that guide them in critical decisions and approaches across the organization.
Data-Driven Outcomes: The Science Behind Lyra’s Approach
At the heart of Lyra’s program is a commitment to clinical science and quality, with three core pillars:
- Premium Provider Network. Lyra holds a very high quality bar in building and maintaining a network of providers that practices only evidence based practices to maximize clinical efficacy and effectiveness.
- Measurement-Based Care. Lyra pays special attention to working with providers and clients to collect clinical outcomes for the care delivered. Lyra collects outcomes from the vast majority of their clients. That information is then shared with providers and members, and inserted back into care to make care even better.
- Guided Practice Sessions. Lyra has innovated in the clinical space by building technology that helps clients and providers extend the effect of therapy to the space and time outside of 1:1 sessions in traditional care.
These elements enable Lyra to provide care with proven clinical effectiveness. Research shows that:
- 90% of users with moderate anxiety or depression improved or recovered.
- 73% of users with initial suicidal ideation reported none at follow-up.
Such outcomes are supported by rigorous scientific research across Lyra’s services, with nearly two million therapy sessions completed and multiple publications highlighting the program’s impact.
Real ROI and Cost Savings
A key focus of the webinar was Lyra’s latest Cost Efficiency Measurement (CEM) Study, conducted independently by AON showing how mental health services drive real, measurable health care savings. Here are some impressive results from the study:
- 26% reduction in total healthcare spending over four years.
- 54% lower health care costs for children and teens aged 1-18.
- Reduced emergency department utilization and inpatient mental health spending.
In addition to these savings, Lyra’s ROI study, independently evaluated by Aon, showed a 3:1 ROI. For every dollar spent on Lyra’s services, employers saved over three dollars in healthcare costs. This study, which included data from a Fortune 500 company with over 100,000 members, demonstrated reductions across categories like substance use disorder spending, emergency department visits, and prescription drug costs.
Why Mental Health Investments Matter
Mental health impacts more than just emotional well-being. There is a strong correlation between mental health conditions and physical health issues like diabetes, COPD, and cardiovascular disease. Studies show that people with both mental and physical health conditions have a 50% increase in healthcare costs compared to those without mental health conditions. By addressing mental health proactively, organizations can reduce these costs while fostering a healthier, more productive workforce.
Get in touch with Lyra Health!
With high clinical and scientific rigor and long-term savings verified through independent studies, Lyra Health continues to set a high standard for mental health solutions. For organizations looking to improve employee well-being and realize a meaningful ROI, mental health benefits are a powerful tool that delivers durable outcomes. As the understanding of mental health economics evolves, investing in comprehensive care that delivers measurable results is a win-win for companies and employees.
Contact Lyra Health’s team today!
Kate Siano – ksiano@lyrahealth.com
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