Digitally-Enabled Solutions for Serious Mental Illness
The Crisis of Serious Mental Illness
Serious mental illness, including schizophrenia and bipolar disorder, are devastating diseases that affect over 60 million people worldwide. Many have comorbid substance use disorders and other medical conditions exacerbated by the underlying psychiatric conditions. In the United States alone, the cost of treating these conditions is over US$350B, with less than 30,000 practicing psychiatrists for nearly 8 million patients.
The “digital health” revolution has largely bypassed these patients. Digital apps, telehealth, and care coordination all have a role to play in treating mental health conditions, but these products don’t meet the unique needs of people suffering serious mental illness, and the physicians, family members, and other providers that care for them.
Digitally Enabled Specialty Healthcare for Serious Mental Illness
Altimate Health was founded by a team of experienced healthcare executives who realized that the methods of artificial intelligence and precision medicine that were transforming other areas of medicine could also transform the treatment of conditions like schizophrenia and bipolar disorder. But the team also realized that transformation could only happen alongside increased access to care, especially among the most vulnerable patients. Working with others including collaborators at Massachusetts General Hospital, we envisioned a future where all patients with these conditions have access to the best available care.
High Impact Solutions That Make a Difference
Altimate Health is building unique data-driven solutions addressing the three largest drivers of poor health and excess costs in patients with serious mental illness.
• Medication selection and polypharmacy management is still largely trial-and-error, compounded by the need to address other co-morbid mental health conditions including depression, anxiety, and substance use disorders.
• Rate of medication non-adherence are estimated at up to 70%, which makes it even more difficult for patients to manage their overall health and leads to emergency room visits and psychiatric hospitalizations.
• Cardiac and pulmonary conditions requiring hospitalization are exceptionally high due to the high rate of tobacco smoking. Up to 70% of patients with bipolar disorder and 90% of patients with schizophrenia are chronic cigarette smokers.
We Would Love to Hear From You
We can always make time to talk with healthcare providers, other caregivers, and public and private health insurance companies. We are also always looking for fellow team members and investors who share our passion for better psychiatric care. Our contact information can be found HERE.