Patient Daily news on 25th June 2017 announced a major step in healthcare services. One of the health care tech firms, the Mindstrong Health, is working on developing a device that will use mobile phones to treat mental disorders. Mind strong health is researching on the use of Smartphone to diagnose and treat neuropsychiatric disorders. The organization is founded by among others, Dr. Jim Tananbaum a renowned researcher, who is also known as Jim. Together with a team of researchers, they are out to improve the outcome of people with mental illnesses to be at par with the other chronic diseases like heart diseases or diabetes patients.
According to Market Wired, the technology applies in Mindstrong is developing the patients’ pattern of scrolling and typing on Smartphone to gauge the brain function. The platform is using the information about the frame of mind like the processing speed, the memory and the function of the mind to determine the state of mind. The research is funded by among others, the Foresite Capital which was founded by Dr. Jim Taunanbaum. Dr. Jim Tananbaum says that those who are funding the project understand the challenges encountered by the community while caring for the patients with cognitive health disorders.
Dr. Jim Tananbaum is also the CEO of Foresite Capital. The firm has been helping emerging healthcare leaders to access essential services important for their growth. The firm has its Headquarters at San Francisco with an office in New York. Jim has been leading in the healthcare industry for the last twenty-five years. His main focus is in strategizing in operational and financial opportunities in healthcare businesses. In his career in the healthcare industry, Jim has founded and assisted many healthcare related firms. He has partnered in founding the Geltex Pharmaceuticals, the Theravence and the Prospect Venture Partners II and III. Dr. Tananbaum has been a director in five main Organizations. These are, California life science association, Mindstrong Inc., patient care Inc, Sequenta Inc., and Shaklee Global group Inc. Visit LinkedIn to know more.
Dr. Tananbaum did his studies at Yale University where he graduated with BS/BSEE degrees. He later earned his masters and doctorate degrees from the Harvard University. In 2017, Dr. Jim is for the third year among the list of Forbes Midas lit of the best doctors.