Ketamine One (NEO:MEDI.AQN) Capital Ltd announced that it has entered into a telehealth and virtual health partnership with iHealthOX to increase the accessibility of its services to patients.
The Vancouver, British Columbia-based company said that it has launched a patient-facing website to address the needs of patients and incorporate the telehealth strategy across its portfolio of mental health clinics, contract research capabilities, with a focus on digital therapeutics.
The new website allows visitors the ability to find a clinic location, obtain a referral form, and learn more about ketamine, the company’s process, and treatments for various conditions.
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Under the partnership with iHealthOX — a health and wellness benefits company using data and advanced technologies to make healthcare services affordable —, Ketamine One patients will have an option to be virtually assessed by a physician and a clinical health provider to determine their suitability to undergo ketamine therapy and ketamine-enhanced psychotherapy.
The mental wellness company said that a patient care plan also includes access to proven cognitive behavioral therapy techniques and coursework, a personal care coach who will create an individual care plan that will teach patients the skills they need to build resilience and healthy routines.
“This arrangement with iHealthOX is groundbreaking for ketamine and emerging therapies. Patients will have support available on a 24/7 basis and will also have direct access to licensed therapists and other tools purposely designed to address their individual needs,” said Adam Deffett, Interim CEO of Ketamine One.
He added: “This agreement also allows Ketamine One to engage primary care teams throughout the treatment process, while at the same time providing emergency support. I believe this opens up a new treatment model that is more approachable and can reach more people in need of help.”
iHealthOX also provides live therapist and coach-led group sessions that help participants collectively learn, share, and heal around topics critical to their mental well-being. Participants will also be able to choose from a number of condition-specific virtual programs including, managing depression, controlling anxiety, reducing stress, mindfulness, and meditation, and improving sleep.
“There is a growing need for mental health care services across North America,” said Matthew Segal, co-Founder of iHealthOX. “Through our virtual care model, we can play a key role in helping Ketamine One provide more personalized and integrated health care experiences for their growing number of patients across North America.”
Ketamine One said it is accelerating the rebranding and realignment of its clinic portfolio with a focus on breakthrough mental healthcare and veteran-focused clinics, as virtual care becomes a prominent part of its services.
Currently, there are nine clinics operated by Ketamine One that are serving patients in-person, with the remainder of the locations continuing to serve patients virtually. The company is actively seeking new locations that are well suited to offer both mental health treatments, and be utilized for research.
Ketamine One is focused on consolidating medical clinics and becoming a North American leader in mental health treatments. It is working to provide the critical infrastructure needed to develop and deliver breakthrough mental health treatments. Ketamine One has a network of clinics across North America, with plans to further consolidate the highly fragmented industry.
Contact Ritika at ritika@proactiveinvestors.com