Imoni’s Commentary:
Mental health and wellness companies raised $321 million across 26 deals, in the second quarter of 2019. That compares to $227 million invested in mental health startups during the same quarter in 2018.
In the future, smartphones will be used as health hubs where people will be able to easily track their health, communicate with doctors, and improve their overall well-being.
Mental health is certain to be one of the most exciting areas in healthcare that will be taken over by the smartphone. It’s one of the few areas where diagnosis and treatment can be delivered virtually.
I imagine a future where health professionals will focus more on integrating smartphones into their practices as both an extension of existing patient therapy and communication. As a first step in this direction, therapeutic routines practiced on a smartphone may be helpful in addressing certain disorders.
Macro Thesis:
In the future, no one will have to wait to receive mental healthcare. People will access care through their smartphones at affordable prices, and/or use their existing insurance. Online therapy is growing rapidly, and people will want online mental healthcare as well. Therapists will have virtual offices where they can see many more patients.
Market Sizing:
Mental healthcare costs over $200-300 billion annually in the U.S., but less than 40% of the population receives treatment.
Product of Service:
So here’s what my company will provide: Several forms of therapy that will be customized to each individual. Our clients will range from individuals, families, organizations, and health plans.
Why should I back this project?
Many individuals and families don’t take advantage of it do to transportation issues, lack of resources, lack of trust, and simply no motivation. I would like to provide everyone an ease of access to therapy so that they can get the help they deserve. Therapy is so important for each and everyone. It provides a safe space to talk about the things that are going on in your life. No judgement! No gossip! Just a safe place to clear your mind. So what if your an individual or a family that just don’t know where to start? Maybe all of the places you’ve contacted don’t take MediCal, maybe you have no insurance coverage, Or maybe you’re working two jobs and have limited availability? Well, this service would definitely be for you! What if you’re tired of talking to someone who doesn’t look like you or hasn’t experienced the things you have been through? Well, this is the service you have been wanting! What if you simply just don’t want to travel every week to an office? Well, guess what? This is the service for you! If you care about your community, friends, family, and/or humanity please donate whatever you can. This is open to everyone. Insurance, MediCal or no insurance… I want to help us ALL heal regardless of race, gender, sexuality, or income. I promise you this is going to make this world much better. Impacting lives and healing minds, bodies, spirits, and souls.
Peace and Blessings!
Sensor handling Interaction with other devices Native and Hybrid Application Software & Hardware Compatibility Security Testing Power Consumption