The field of mental health may encounter a drastic development that will aid in cognitive assessment due to Mindstrong Health. Mindstrong Health is a startup that is utilizing smartphones to assess and aid in the diagnosis and treatment of neuropsychiatric disorders. Mindstrong Health attempts to find a more objective approach to mental health practice. Whereas, mental health has been limited to subjectivity in a clinical setting other medical fields have had the access of objective reports. Mindstrong Health is working to eliminate issues of subjectivity in mental health by observing patient’s pattern of scrolling and typing to assessing brain function. The results will be indicative of mood and cognition. Mindstrong Health will be able to assess speed, memory, and function using smartphones.
Recently Mindstrong Health has secured $14 million in Series- A funding. Investors include: Optum Ventures, One Mind Brain Health Impact Fund, ARCH Venture Partners, and Foresite Capital. See, http://www.massdevice.com/neuropsych-treatment-diagnosis-platform-dev-mindstrong-health-raises-14m-series/.
The release of clinical results will occur in a few months. According to Market Wired, the success of Mindstrong Health will stimulate ample growth in the mental health field.
Mindstrong Health is invested by Foresite Capital which is strongly led by founding CEO, Jim Tananbaum, reveals ideamensch.com. Jim Tananbaum has held many high-esteem professional positions. Jim’s resume includes supervisory positions at GelTex Pharmaceuticals and Theravance. He also has invested in over 21 successful companies.
Dr. Tananbaum has a prominent educational background. He received his M.D. from Harvard Medical School. He also received an M.B.A. from Harvard Business School. Additionally, he received his B.S. and B.S.E.E from Yale University. Dr. Jim Tananbaum continues his involvement with both Harvard and Yale by serving as a board member of the Harvard- MIT HST program and the Yale’s President Advisory Counsel.
Dr. Jim Tananbaum appears to continue his professional success through his investment in Mindstrong Health.