Wellbeing Digital Sciences (NEO:MEDI.AQN, OTCQB:KONEF) Inc has revealed that its subsidiary, IRP Health Limited has recently had its innovative Reactivation therapy program formally approved by Veterans Affairs Canada (VAC) as an interdisciplinary clinic outpatient program at three locations.
IRP currently has four clinic locations across Canada and is among the first operators to meet VAC's new criteria that is aimed at providing high-quality programs for veterans.
The Vancouver, British Columbia-based wellness company focused on ketamine assisted therapy, digital therapeutics, and psychedelic medicines, said it expects IRP's location in Ottawa, Ontario to also be approved to offer the Therapy program by VAC imminently.
According to the company, Reactivation is a 12-week, physician-supervised, interdisciplinary pain management program that help veterans with chronic musculoskeletal injuries and pain.
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Reactivation combines psychiatry, psychology, occupational therapy, physiotherapy, kinesiology, and dietetics to provide an interdisciplinary approach and advanced treatment. The goals of Reactivation are to decrease distressing symptoms, increase engagement in the community and increase the ability to complete daily tasks.
Meanwhile, the Therapy program aims to help veterans return to behaviour consistent with being well, rather than “behaviours that are consistent with suffering,” said the company. The therapy program also strives to reduce patient disability, while giving veterans better control and understanding of their pain and health challenges.
"VAC's approval of the Reactivation program is a significant milestone for Wellbeing and for the physical and mental health of veterans. This brings us one step closer to achieving our goal of a Canadian wide network of purpose-built programs for veterans and first responders who desperately need access to care," Wellbeing interim CEO Adam Deffett said in a statement.
"I am very proud of IRP's achievements, and we are fully committed to expanding their work. These are the moments that fuel Wellbeing's growth and the achievement of its goals to positively impact the mental health realm," he added.
Founded in 2016, IRP began as a rehabilitation and performance centre offering exercise therapy and rehabilitation programs in Victoria, British Columbia. Building on the success of over 15,000 treatments in its flagship Victoria location, IRP is now adding new locations and programs.
VAC is a government organization for current and former members of the Canadian Armed Forces, Royal Canadian Mounted Police, or their family members. It provides services and benefits intended to improve the well-being of veterans and their family with the estimated total number of veterans in Canada pegged at 617,800.
Of these veterans, it is estimated that more than 24% of them have a mental illness, such as Post-traumatic stress disorder (PTSD), triggered by a terrifying event and 95% of those veterans have been diagnosed with a chronic physical health condition.
Contact the author Uttara Choudhury at uttara@proactiveinvestors.com
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