UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported): February 23, 2018

 

MYND ANALYTICS, INC.

(Exact name of Company as specified in its charter)

 

Delaware   001-35527   87-0419387
(State or other   (Commission File No.)   (I.R.S. Employer
jurisdiction of       Identification No.)
incorporation)        

 

26522 La Alameda, Suite 290

Mission Viejo, CA 92691

(Address of principal executive offices)

 

(949) 420-4400

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging Growth Company                 ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 
 

 

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

On February 23, 2018, MYnd Analytics, Inc. (the "Company") received a letter from The Nasdaq Stock Market ("Nasdaq") indicating that the Company was not compliant with the minimum stockholders' equity requirement under Nasdaq Listing Rule 5550(b)(1) for continued listing on The Nasdaq Capital Market because the Company's stockholders' equity, as reported in the Company's Quarterly Report on Form 10-Q for the period ended December 31, 2017, was below the required minimum of $2.5 million. Further, as of February 22, 2018, the Company did not meet the alternative compliance standards relating to the market value of listed securities or net income from continuing operations. This notice of noncompliance has had no immediate impact on the continued listing or trading of the Company’s common stock on The Nasdaq Capital Market.

 

Under Nasdaq Listing Rule 5810(c)(2), the Company has 45 calendar days, or until April 9, 2018, to submit a plan to regain compliance. If Nasdaq accepts the plan, Nasdaq may grant an extension of up to 180 calendar days from the date of the abovementioned letter, or August 22, 2018, for the Company to provide evidence of compliance. If Nasdaq does not accept the Company’s plan, Nasdaq will notify the Company that its common stock is subject to delisting. The Company will have the opportunity to appeal that decision to a Nasdaq hearings panel.

 

The Company intends to submit a compliance plan to Nasdaq on or before the April 9, 2018 deadline. There can be no assurance that Nasdaq will accept the compliance plan or, if accepted, that the Company will be able to regain compliance with the stockholders’ equity requirement or meet the alternatives of market value of listed securities or net income from continuing operations, or otherwise maintain compliance with the other listing requirements.

 

Item 5.08 Shareholder Director Nominations.

 

2018 Annual Meeting of Stockholders

 

The Company has determined that the Company's 2018 Annual Meeting of Stockholders (the "Annual Meeting") will be held on April 4, 2018. The meeting date disclosed previously in the Company's Form 8-K filed on January 22, 2018 is no longer applicable.

   

Stockholder Proposals and Director Nominations

 

Because the Annual Meeting will be held more than 30 days from the anniversary date of the Company's last annual meeting of stockholders, the deadlines for stockholder proposals and director nominations for consideration at the Annual Meeting set forth in the Company's definitive proxy statement filed with the SEC on July 27, 2017 no longer apply. The deadlines set forth previously in the Company's Form 8-K filed on January 22, 2018 also no longer apply. If a stockholder of the Company intends to nominate a person for election to the Board of Directors of the Company or to propose other business for consideration at the Annual Meeting, including any proposal made pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, as amended, the deadline for submitting the notice of such nomination or stockholder proposal, including any notice on Schedule 14N, is the close of business on March 1, 2018. Any notice should be delivered to 26522 La Alameda, Suite 290, Mission Viejo, CA 92691, Attention: Corporate Secretary. Any stockholder proposal or director nomination received after March 1, 2018 will be considered untimely and will not be included in the Company's proxy materials for the Annual Meeting nor will it be considered at the Annual Meeting. Any stockholder proposal or director nomination must also comply with the requirements of Delaware law, the rules and regulations promulgated by the Securities and Exchange Commission and the Company's By-Laws, as applicable.

 

 

Item 7.01 Regulation FD Disclosure.

 

The Company has updated its investor presentation (the “Presentation”), which its senior management intends to use from time to time when interacting with investors and analysts, among others. The Company has posted the Presentation to its website. The Presentation may be accessed by going to the Company’s investor relations website at https://ir.myndanalytics.com/presentations and clicking on “Investor Presentation”. The Presentation is also attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

The information in this report is being furnished, not filed, pursuant to Regulation FD. Accordingly, the information in Items 7.01 and 9.01 of this report will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference. The furnishing of the information in this report is not intended to, and does not, constitute a determination or admission by the Company that the information in this report is material or complete, or that investors should consider this information before making an investment decision with respect to any security of the Company or any of its affiliates.

 

Item 9.01 Financial Statements and Exhibits.

 

  (d) Exhibits.

 

 

99.1 Investor Presentation

 

 
 

 

 

SIGNATURES

 

Pursuant to the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  MYnd Analytics, Inc.
   
  By: /s/ Donald D'Ambrosio
February 23, 2018   Donald D'Ambrosio
    Chief Financial Officer

 

 

 

Exhibit 99.1

GREATER ACCESS TO MORE EFFECTIVE TREATMENTS REDUCES TOTAL COST OF CARE February 2018 Investor Presentation NASDAQ: MYND

 

 

Investor Presentation DISCLAIMER This presentation contains “forward - looking statements” pursuant to the safe - harbor provisions of the Private Securities Litigation Reform Act of 1995 that include information relating to future events, future financial performance, strategies, expectations, competitive environment, regulation and availability of resources . These forward - looking statements include, without limitation, statements regarding proposed new products or services ; statements concerning projections, predictions, expectations, estimates or forecasts for our business, financial and operating results and future economic performance ; statements of management’s goals and objectives ; trends affecting our financial condition, results of operations or future prospects ; our financing plans or growth strategies ; and other similar expressions concerning matters that are not historical facts . Words such as “may,” “will,” “should,” “could,” “would,” “predicts,” “potential,” “continue,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes” and “estimates,” and similar expressions, as well as statements in future tense, identify forward - looking statements . Forward - looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved . Forward - looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties described in our filings with the U . S . Securities and Exchange Commission, including our most recent reports on Forms 10 - K, 10 - Q and 8 - K, that could cause actual performance or results to differ materially from those expressed in or suggested by the forward - looking statements . Forward - looking statements speak only as of the date they are made . You should not put undue reliance on any forward - looking statements . We assume no obligation to update forward - looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward - looking information, except to the extent required by applicable securities laws . If we do update one or more forward - looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward - looking statements . 2

 

 

Investor Presentation 3 MYND ANALYTICS (NASDAQ:MYND) Telemedicine Data Analytics/ Machine Learning Unique first mover in treating mental health conditions through the combination of telemedicine and data analytics/ artificial (augmented) intelligence to improve health care delivery and reduce costs.

 

 

Investor Presentation 4 INVESTMENT HIGHLIGHTS x Initial focus is the $147 billion underserved mental health market 1 o Highest worldwide disease burden and single largest reason for work disability o Over $6k additional yearly health care costs for individuals not adequately treated for co - morbid behavioral health diagnosis x Arcadian Telepsychiatry subsidiary specializes in the delivery of mental health services through a network of licensed clinicians in over 42 states and growing o Improves access to care for the 60% of individuals who do not currently receive care x Technology platform that utilizes machine learning to analyze EEGs and inform therapeutic regimens, thereby improving patient outcomes and reducing healthcare costs x Expanding partnerships with provider groups and managed care companies x Broad patents (20 issued, 8 pending) and strong clinical validation (100 peer - reviewed studies) x Increasing reimbursement due to new government mandates x Solid balance sheet and clean capital structure (1) National Institute of Mental Health: https://www.nimh.nih.gov/about/directors/thomas - insel/blog/2015/mental - health - awareness - month - by - the - numbers.shtml

 

 

Investor Presentation 5 MENTAL HEALTH - INCIDENCE & COST • Globally, an estimated 3 0 0 million people suffer from depression and 60 million have Bipolar affective disorder . (1) • Anxiety disorders are the most common mental illness in the U.S. affecting 40 million adults. (2) • It is estimated that 129 million children globally have Attention - deficit/hyperactivity disorder (ADHD) , representing 7.2% of the world’s child population. (3) • Eating disorders affect up to 24 million people in the U.S. ( 6.5 million U.S. adults suffer from binge eating) and 70 million people globally . (4) (1) World Health Organization: http://www.who.int/mediacentre/factsheets/fs396/en/ (2) Anxiety and Depression Association of America: https://www.adaa.org/about - adaa/press - room/facts - statistics (3) CHADD: The National Resource on ADHD: http://www.chadd.org/Understanding - ADHD/About - ADHD/Data - and - Statistics/General - Prevalence. aspx (4) The Renfrew Center Foundation for Eating Disorders, "Eating Disorders 101 Guide: A Summary of Issues, Statistics and Resource s," published September 2002, revised October 2003: https://www.ndsu.edu/fileadmin/counseling/Eating_Disorder_Statistics.pdf (5) Eating Disorder HOPE: https://www.eatingdisorderhope.com/information/statistics - studies (6) National Institute of Mental Health: https://www.nimh.nih.gov/about/directors/thomas - insel/blog/2015/mental - health - awareness - mon th - by - the - numbers.shtml Mental disorders, including substance abuse, have the highest estimated annual health spending in the U.S. $147 billion is spent in the U.S. treating mental health, while $2.5 trillion is spent globally, with nearly 2/3 in indirect costs. The global cost is expected to increase to $6 trillion by 2030. (5)(6)

 

 

Investor Presentation Source: Melek S., Norris D., Paulus J.: Economic Impact of Integrated Medical - Behavioral Healthcare: Implications for Psychiatry. Prepared for APA; 2014, pp.1 - 39. 6 ECONOMIC IMPACT (IN 2012) Population % with Behavioral Health (BH) Diagnosis Per - member per - month (PMPM) cost without BH Diagnosis PMPM with BH Diagnosis Increase in Total PMPM with BH Diagnosis Commercial 15% $340 $941 276% Medicare 9% $582 $1429 245% Medicaid 20% $381 $1301 341% All Insurers 14% $397 $1085 273% An estimated $8,500 in excess annual health care costs incurred by a patient not properly medicated​

 

 

Investor Presentation 7 Thomas R. Insel, MD 2009 - 2010 “ Current medications are not sufficient for most patients... We still do not know who will respond to a specific treatment. Even for the fraction of patients who ultimately respond, clinicians often must resort to trial and error before finding a regimen that works, subjecting patients to potentially life - threatening delays, ineffective treatment, or adverse side effects. " TRIAL AND ERROR PHARMACOTHERAPY Millions of Americans have failed two or more therapeutics for mental illness and are considered resistant to treatment

 

 

Investor Presentation Problem Looming crisis in access to care: • Psychiatrist shortage • Waiting lists are high • 70% of mental health is treated by PCPs • Low attendance and adherence to treatment (avg = 2 visits) Clinicians often rely on trial and error prescribing for depression, anxiety, PTSD and other mental health conditions Impact: • Over half of patients never seek treatment • Treatments themselves are marked by low efficacy, low adherence Solution x Telepsychiatry : Deploying multistate networks for large insurers where access is diminished • Patient access to clinicians from the convenience of home • Increased adherence x Data Analytics : clinically validated technology platform • Patented technology utilizes complex algorithms to analyze EEGs • Informs therapeutic regimens, thereby improving patient outcomes and reducing healthcare costs. 8 SERVICE LINES

 

 

Investor Presentation 9 TELEPSYCHIATRY • Telepsychiatry involves the use of video conferencing and telecommunication equipment to conduct real time mental health consultation between a clinician and patient • Ideal for individuals living in underserved areas or those with limited access to services, and patients seeking access to care in the privacy of their own home • Payors are paying tele - health companies ongoing fees for network access, in addition to the actual provision of services • Telemedicine is one of the fastest growing areas of healthcare services today • The global telemedicine market is expected to reach USD $113.1 billion by 2025 and grow at over an 18% CAGR , according to Grand View Research, Inc. 1 • Shortage of mental health providers is driving strong demand for telepsychiatry services o Over eighty - nine million Americans live in federally designated Mental Health Professional Shortage Areas o Two - thirds of US primary care physicians report not having adequate access to psychiatric care for their patients The Market The Process

 

 

Investor Presentation 10 ARCADIAN • Arcadian specializes in the delivery of mental health services through a network of social workers, therapists and psychiatrists throughout the United States • Offers a suite of services including telepsychiatry, teletherapy, digital patient screening, curbside consultation, on - demand services, and scheduled encounters • Services for all age groups and flexibility in scheduling appointments 7 days a week • Arcadian serves consumers in over 42 states through its network of licensed clinicians • Customer base includes: o Government and non - profit agencies o Hospital networks o Private insurers including managed care organizations o Physicians and patients

 

 

Investor Presentation HEALTHCARE AI MARKET • According to Accenture, when combined, key clinical health artificial intelligence (AI) applications can potentially create $150 billion in annual savings for the United States healthcare economy by 2026 1 • In just the next five years, the health AI market is expected to grow more than 10x 2 • Growth is already accelerating, as the number of deals to healthcare - focused AI start - ups went up from less than 20 in 2012, to nearly 70 by mid - 2016 3 (1) Accenture, https://www.accenture.com/us - en/insight - artificial - intelligence - healthcare . (2) Frost & Sullivan, http://ww2.frost.com/news/press - release/600 - m - 6 - billion - artificial - intelligence - systems - poised - dramatic - market - expansion - healthc are (3) CB Insights, https://www.cbinsights.com/blog/artificial - intelligence - startups - healthcare/ (4) F rost & Sullivan, http://corpcom.frost.com/forms/NA_PR_KBelcher_NFFE_18Dec15 “The AI solutions market in healthcare industry is expected to gain wider adoption as a result of easier integration with hospital workflows and patient - centric treatment plans leading to excellent patient outcomes, elimination of unnecessary hospital procedures and reduced treatment costs.” - Frost & Sullivan 4 11

 

 

Investor Presentation 12 HOW IT WORKS • An electroencephalogram (EEG) is a completely painless, non - invasive test that records your brain’s electrical activity and provides a basis for comparison against others within the Psychiatric Electroencephalography Evaluation Registry (“PEER”) database • MYnd utilizes AI , machine learning and data analytics in order to inform therapeutic regimens , thereby improving patient outcomes and reducing healthcare costs o MYnd’s PEER Report uses data from EEG tests, outcomes and machine learning to identify endophenotypic markers of drug response o This Big Data approach has allowed MYnd to generate a large clinical registry and database of predictive algorithms: 11,000+ patients & 39,000+ outcomes Proven results with 144% improvement in depression scores and 75% reduction in suicidality

 

 

Investor Presentation 5 2 Peer Followed Standard of Care 144% 75% 75% 139% Depression SuicidalityGlobal Improvement PTS P e r c e n t 13 INTERIM FINDINGS FROM THE 4 TH CLINICAL TRIAL – WALTER REED PEER TRIAL Patients whose physicians followed PEER had more statistically significant improvement than physicians who followed standard of care treatment based on VA/DOD Treatment Guidelines. Neuropsychiatric Disease and Treatment, August 2016 . (1) VA/DOD Clinical Practice Guideline for Management of Major Depressive Disorder Improvement Over Standard of Care (1) Median Treatment Visits Over 6 Month Trial • 144% more improvement in QIDS - SR16 depression scores • 75% greater improvement in CHRT - 7S scores for suicidal ideation • 139% greater improvement in PCL scores for PTSD • Patients had a median of 5 visits compared to 2 visits for patients whose physicians used PEER as compared to those that did not follow PEER

 

 

Investor Presentation 14 INDEPENDENT VALIDATION From a rapidly growing research base, 100 peer - reviewed studies* of Quantitative EEG (QEEG) neurometrics (n = 6,025) have demonstrated the utility of these markers, including: • 12 randomized controlled trials of QEEG neurometrics for predicting medication response (n = 2,087) • 88 observational cohort studies (n = 3,938) *Source: Clinical dossier prepared by Cedar Associates, LLC, a Stanford Health Policy Adjunct Affiliate

 

 

Investor Presentation 15 WHAT DOCTORS SAY “Why are we treating an organ, the brain, without measuring the effect of our treatment on the organ? There are over 100 medications available for the treatment of behavioral disorders. The core problem is not that we need three more, the problem is that we need to know how to use the 100 we have...” - - Steve Suffin , M.D., Chief of Clinical Pathology, Quest Diagnostics, CNS Response Co - founder "This could revolutionize prescribing practice in terms of helping people get the right treatment sooner. Psychiatry doesn't really have a predictive model for which disorders will respond best to which medications." - Col. John Bradley, MD, US Army (Retired) "We all respond differently to medications. I like to see my patients feel better faster without trial and error. The PEER Report™ shows what medications worked or didn't work for people with similar brains. I'm pleased to have trained military doctors who also use the PEER Report." - Dr. Michael Anderson, Psychiatrist (Private Practice) “ Predicting non - responders with an easy, relatively inexpensive, predictive, objective office procedure that builds upon clinical judgment to guide antidepressant choice.” - Charles DeBattista , MD, Stanford University School of Medicine

 

 

Investor Presentation 16 TARGET BUSINESS MODEL: PAYORS VA/Military Where suicide rates are high and need for innovative and effective mental health care is high Managed Care Payers and health systems seeking to improve clinical outcomes and lower health care costs Case study : Horizon Healthcare Services, Inc . , New Jersey’s oldest and largest health insurer, is running 600 - patient pilot to explore how the use of PEER Online® may reduce trial and error medication management and total costs of care . With over 3 . 8 M patients in its network, Horizon alone represents a $ 48 M potential annual market, in one state alone . The cost of PEER results in a 4.7 - fold return in cost offsets* *Source: Clinical dossier/economic analysis prepared by Cedar Associates, LLC, a Stanford Health Policy Adjunct Affiliate

 

 

Investor Presentation 17 TARGET BUSINESS MODEL Provider Direct Multi - practitioner provider groups seeking to provide value - based care and cutting edge objective measurement tools that are reimbursed Multi - Practice Groups Over 15% of patients have mental health concerns but expertise not present to address in practice Patient Direct 60% of individuals do not receive care in mental health Expanding coverage • New government mandates have helped drive reimbursement for solutions that improve outcomes and reduce costs o Federal Mental Health Parity Act (2008) o Expansion Benefits for Medicare (2008) o Affordable care Act further coverage expansion (2010) o 21st Century Cures (2016) • Coverage for mental health continues to expand and CPT codes exist for reimbursement Collaborative Care Model ( CoCM ) • Under the CoCM , a consulting psychiatrist provides the primary care practice with specialized expertise through regular case review and recommendations for therapeutic and pharmacological treatment, medication adjustments, and additional specialty care. • Medicare now provides coverage and reimbursement for "Psychiatric Collaborative Care Management Services" Billing CPT Codes: 95816, 95957, 99090 Billing CPT Codes: 99492 - 4, 99484

 

 

Investor Presentation EXPERIENCED LEADERSHIP Board of Directors George C. Carpenter, IV – President & CEO • Over 25 years of experience in healthcare technology and business development • MBA in Finance from the University of Chicago, BA from Dartmouth College Brian MacDonald – Chief Technology Officer • Responsible for machine learning algorithms that form the core of the PEER reports • MBA from the University of Pennsylvania, BS from the University of Alabama Don D’Ambrosio – Chief Financial Officer • Over 25 years of C - level experience , including at a public company • BA from Temple University Robert Plotkin, CEO of Arcadian • Founded Arcadian Telepsychiatry in 2013 • Previously founded Social Work prn of Philadelphia, a behavioral health staffing company Robin L. Smith, MD, MBA – Chairman • Former CEO of Neostem (now Caladrius ) Geoffrey E. Harris • Portfolio manager at c7 Advisors John Pappajohn • Served as Director of 40+ companies in healthcare industry Michal Votruba • Director of the Gradus/RSJ Life Sciences Fund Peter Unanue • Over 25 years of senior business experience . Executive Vice President of Goya Foods, Inc. Management Team 18

 

 

Investor Presentation 19 MILESTONES: 12 MONTH GOALS 1 Establish 2 nd paid pilot program(s) with managed care companies and health systems seeking to improve clinical outcomes and lower health care costs 2 Publish pharmacoeconomic benefits when providers use the PEER report on - line tool 3 Penetrate VA and Military where suicide rates are high and need for innovative, improved access and effective mental health care is high 4 Grow patient direct sales through digital media buys continuing to scale and roll out PEER products in the United States 5 Continue to enroll patients in Canadian military trial providing value - based care and cutting edge objective measurement tools in single payer system

 

 

Investor Presentation 20 CAPITALIZATION & BALANCE SHEET Common Stock Issued and Outstanding* 4,360,561 Total Shares of Common Stock Underlying Issued Options* 579,059 Total Shares of Common Stock Underlying Issued Warrants* 4,567,672 Fully Diluted* 9,507,292 Cash (12/31/2017)* $ 2,658,300 * As of Dec 31, 2017

 

 

Investor Presentation 21 SUMMARY With telemedicine, we can deliver mental health services where and when the patient needs them including the privacy of one’s own home. With artificial intelligence, machine learning and data analytics, we can analyze massive quantities of data to recognize patterns, predict outcomes and personalize medicine. Now Then Experience and instinct to avoid traffic Real - time data analytics MYnd’s patents and first mover advantage place it ahead of the curve, as major players such as Google, Amazon, Oracle and others enter the market… Trial & error prescribing MYnd PEER Report

 

 

Investor Presentation 22 CONTACT Robin L. Smith, MD, MBA Chairman of the Board tel : 917 - 691 - 7409 email: robin@robinlsmith.com George C. Carpenter IV, President and Chief Executive Officer tel: 949 - 697 - 2161 email: gcarpenter@myndanalytics.com Don D’Ambrosio, Chief Financial Officer tel :      email: dambrosio@myndanalytics.com

 

 

Investor Presentation DIGITAL HEALTH CARE: INVESTMENTS MYND is in one of the hottest areas of AI/digital health care 23 1/16 - 8/16

 

 

Investor Presentation Source: RockHealth, 2016 https:// rockhealth.com /reports/digital - health - exits - 2016 - ytd - 112 - digital - health - acquisitions - and - two - ipos/. DIGITAL HEALTH CARE In 2016 the 10 largest acquisitions brought in over $11B for shareholders 24 Target Acquired By Acquisition Amount Change Healthcare McKesson $3.0B Truven Analytics IBM $2.6B eResearchTechnology Nordic Capital $1.8B Netsmart Technologies Allscripts $950M Brightree Resmed $800M Imprivata Thoma Bravo $544M Assurex Myriad Genetics $410M Cardon Outreach MedData $400M Sequenom Laboratory Corp $371M Valence Health Evolent Health $219M

 

 

Investor Presentation 25 MENTAL HEALTH - TODAY Problem : • There is a shortage of psychiatrists so most treatment for non - psychotic mental health disorders is delivered by non - psychiatrists. 2 • Clinicians often rely on trial and error prescribing for depression, anxiety, PTSD and other mental health conditions before finding a therapeutic regimen that works. 2/3 of individuals with mental illness never seek medical care, and of those who do millions fail to respond to current medication therapies 1 (1) Integrated Behavioral Health Care Jürgen Unützer , MD, MPH, MA Chair, Psychiatry & Behavioral Sciences Director, AIMS Center University of Washington National Alliance Mental Health Summit, Denver, CO April 2 5, 2017 (2) Psychiatry and Clinical Neuroscience, Charles Zorumski and Eugene Rubin, https://books.google.pl/books?id=x2hpAgAAQBAJ&printsec=frontcover&hl=pl Solution • Through Arcadian, MYnd is improving access to care through its telemedicine platform • MYnd has developed a clinically validated technology platform that utilizes complex algorithms to analyze EEGs o MYnd’s patented platform technology informs therapeutic regimens, thereby improving patient outcomes and reducing healthcare costs. o Addresses depression, anxiety, bipolar disorder, PTSD and other non - psychotic disorders