NEW YORK, Feb. 21, 2017 (GLOBE NEWSWIRE) -- MYnd Analytics, Inc. (OTCQB:MYAN), a predictive medicine company which brings objective physical findings to psychiatric treatment in order to reduce trial and error treatment in mental health, announced that Dr. Robin Smith, Chairman of the Board of MYnd Analytics, Inc. will give the Company’s presentation at the Small Cap Nation Family Office and Life Science Symposium at the NASDAQ market site at Times Square at 3:55pm today. Dr. Smith will be discussing the emergence of new technologies and the Company’s predictive analytic tool that can assists physicians in reducing trial and error prescribing of medications in mental health.
The latest clinical results showed patients of physicians that utilized the MYnd recommendations to make treatment decisions had a 144% improvement in depression scores and a 75% greater reduction in suicidality. Finally, treatments which followed the MYnd recommendations resulted in 2.5 time’s greater adherence to therapy.
MYnd has been designated an Emerging Technology by United Healthcare, permitting limited reimbursement, and has recently received CMS approval in California so that it can bill Medicare and Medicaid as a jump start to commercializing its product in California. The Company is in discussions with large healthcare systems and physician to utilize its tool to improve care, increase compliance, and lower overall healthcare costs.
The company is well positioned to launch its technology globally and is excited to make a huge impact on society https://youtu.be/eWA9XF5nL7I .
About MYnd Analytics, Inc.
MYnd Analytics, Inc. ( www.myndanalytics.com ) provides a unique set of reference data and analytic tools for clinicians and researchers in psychiatry. While treatment for mental disorders has doubled in the last 20 years, it is estimated that 17 million Americans have failed two or more medication therapies for their mental disorders. The Company’s Psychiatric EEG Evaluation Registry, or PEER Online, is a registry and reporting platform that allows medical professionals to exchange treatment outcome data for patients referenced to objective neurophysiology data obtained through a standard electroencephalogram (EEG). Based on the Company’s original physician-developed database, there are now more than 38,000 outcomes for over 10,000 unique patients in the PEER registry. The goal of PEER Online is to provide objective, personalized data to assist physicians in the selection of appropriate medications.
To read more about the benefits of this patented technology for patients, physicians and payers, please visit www.myndanalytics.com .
About The Family Office Investment Symposium
The Family Office Investment Symposium is an ongoing series that identifies superior transition-stage private and public biotech, life science, healthcare and medical technology companies. These highlighted companies are focused on the latest disruptive technologies and relevant industry trends. The SCN symposiums are designed to connect a curated group of highly vetted companies with a carefully selected group of sophisticated investors.
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Contact Paul Buck, CFO MYnd Analytics 949-420-4402 Work 866-867-4446 Fax PBuck@MYndAnalytics.com
