Ara Chackerian Talks About Investing in TMS

Businessman Ara Chackerian is known by many names. Some people call him an angel investor, others call him a serial entrepreneur, and Chackerian himself would probably say he’s a healthcare advocate. In his very successful career, Ara Chackerian has invested in numerous start-ups, all of them falling within the healthcare market. Start-ups such as PipelineRx, BMC Diagnostics, and Embion/Provider Links. Chackerian’s most notable investment to date is TMS Health Solutions, which currently has 7 locations throughout the San Francisco Bay area. In a recent interview, Ara Chackerian sat down to discuss TMS Health Solutions and why he chose to invest in it.

TMS stands for Transcranial Magnetic Stimulation. It is a device-led treatment originally designed to combat clinical depression. The treatment involves using an apparatus to stimulate the brain with electromagnetic waves. TMS was greenlit by the FDA back in 2006 but has been tangled in red tape ever since. Many, including Chackerian, believe Transcranial Magnetic Stimulation as the forefront of psychiatric care with the potential to treat a variety of mental illnesses. Ara Chackerian himself has called it a possible future pillar of psychiatric care. However, because of problems with insurance coverage as well as the medical community’s reticence to utilize an “experimental” treatment, TMS has never garnered the attention it deserves. Chackerian hopes he can change this.

“We were first turned on to TMS through a mutual partner,” Chackerian stated, “When we looked further into the treatment, we realized its potential.” Chackerian and his partner were surprised that TMS was not garnering more attention, and as they looked further into the innovative treatment, they happened upon a chance encounter. They ran into a doctor who was using TMS in his own practice. Dr. Richard Bermudas had used TMS since the FDA signed off of it, but always with a long list of limitations. “Rich’s passion led us to believe that TMS could be a viable solution,” Chackerian said, “We realized our role could be to let Rich be a doctor.”

TMS Health Solution centers offer treatment to a wide variety of insurance companies. This cuts through the red tape so the treatment can be utilized. The centers treat patients for a wide variety of illnesses with most attention paid to depression. Through the centers, Dr. Bermudas and staff are able to test the limitations of TMS as well as its boundaries.

Ara Chackerian Is Making Changes To The Mental Health Industry

The tech industry may be introducing innovations, but there is also a mental health problem growing in the field that many people, including Ara Chackerian, believes needs to be addressed. As someone who has been involved in the healthcare and tech industries for a great deal of his career, he has seen the impact that stress can have on people involved in it and he wants to see changes. The entrepreneur is based in San Francisco and is well-known for engaging in different philanthropical acts in order to benefit his community and the world in general.

One of the suggestions that Ara Chackerian has for the growing problem of mental health is to provide a place for your employees to be able to address the concerns that they are having in a safe space. It is becoming more common for companies to provide training for their team that can help them address the stress that they may face in their careers and personal lives. By making mental health something that is regularly discussed, Ara Chackerian believes that it can help tech employees feel more comfortable addressing the problems that they are facing. There may be a long way to go for the industry, but it’s important that action is taken.

Aside from his career in healthcare with companies such as TMS Health Solutions, a company that uses transcranial magnetic stimulation to treat mental health disorders on an outpatient basis, he is also involved with Limonapa Teak, a sustainable farm that produces teak while providing jobs for people in its community that pay well. He believes that this form of treatment may end up being the third pillar of mental healthcare along with talk therapy and medication. Research has shown that the form of treatment is particularly effective at treating major depressive disorders. Read more about Ara Chackerian: https://chronicleweek.com/2018/06/ara-chackerian-behind-bliss-motherhood-lies-largely-undiagnosed-mental-health-issue/