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In era of pills, fewer psychiatrists doing talk therapy

ABC News, August 7, 2008
A new study finds a significant decline in psychotherapy practiced by U.S. psychiatrists. The expanded use of pills and insurance policies that favor short office visits are among the reasons, said researchers from Johns Hopkins Bloomberg School of Public Health in Baltimore. Today's psychiatrists get reimbursed by insurance companies at a lower rate for a 45-minute psychotherapy visit than for three 15-minute medication visits, researchers noted.