6/22/2023 0 Comments Foresight company“It’s really a wide spectrum of tools that our providers have in their toolbox.”ĭuring the care journey, patients are given wearable technology to measure their sleep and exercise patterns, which subsequently generates data that is used to adjust care as needed. “That care plan could range from various things like lifestyle changes, diet and exercise,” Hapeman said. ![]() Would-be patients then are guided through an intake process to gather more information, after which they are directed to an appropriate care specialist with a tailored care plan. Individuals seeking assistance from Foresight begin through a process where they are steered to services either by their own selection or from that of the company. “We ended up taking the technology we were working on, bringing it in house and hiring our own psychiatrists and therapists in the Berkeley area,” Hapeman said. Foresight pivots to become a providerįrom its early days and challenges of distributing software, Foresight would pivot to its current incarnation in late 2018 as a full-service, tech-driven mental health provider, with local college students serving as its initial customer base. From there, the groundwork was laid for Foresight’s new direction through the help of entrepreneurship programs and incubators in and around Berkeley. “We originally started Foresight as a software company and tried to solve some of those problems as an engineer would with software, but found a lot of challenges with distributing software,” Milford said.Īlthough the software failed to get a sufficient number of providers on board, the idea of tech-driven health care still struck a chord with the two. “We really started discussing some of the challenges that we had seen in that industry, particularly around the prescribing decision making process,” Hapeman told BHB.īy their estimates, the two would consult with around 100 psychiatrists to learn more about mental health care practices and would also work on a software program to track patient outcomes, which was the genesis of Foresight. “Seeing those challenges in the existing system was what really motivated me personally, and made me quite interested in solving some of the challenges in mental health care.”īack in Berkeley, both Milford and Hapeman started thinking of how they could draw on technology to make the mental health care experience more seamless. “Even if they were able to get in, a low-tech, outdated experience, and a lot of people weren’t even tracking outcomes,” he said. “It was seeing them trying to find a provider, being placed on a waitlist and paying hundreds of dollars out of pocket because no one wants to take any insurance,” he said.ĭrawing upon his own tech studies, Milford felt that even when friends were able to overcome issues of stigma to see a provider, the care they were receiving was insufficient. In the aftermath of the attacks, Milford said that he witnessed a number of his study-abroad friends dealing with conditions like stress, depression, anxiety and PTSD. While Hapeman was dealing with prescription access issues, Milford was studying in Paris on Novemwhen coordinated terrorist attacks in the city killed 130 people. The roots of Foresight go back to personal experiences that Milford and Hapeman – both of whom met while studying engineering at the University of California-Berkeley – had with mental health challenges. Most recently, the company purchased Psychiatric Addictive Curative Therapies (PACT) Atlanta LLC, a Decatur, Georgia-based multidisciplinary mental health practice that operates 14 clinics in the Atlanta area.īoth Milford and Foresight Co-Founder Doug Hapeman – who function as the company’s co-CEOs – have ambitious growth plans to build one of the industry’s first truly tech-enabled outpatient mental health providers. Like a number of tech-driven behavioral health companies, Foresight has managed to attract the outside attention of investors who last year supplied the company with a reported $25 million in Series B funding. “Having the technology and the providers in-house makes Foresight well positioned for that transition.” ![]() “It’s certainly where the industry is going,” Foresight Co-Founder Matt Milford told Behavioral Health Business. The company’s data-intensive focus also reflects its goal of delivering value-based care to patients, which is the direction health care has been moving more towards. Foresight’s service model is especially tech-driven – from the genetic profiles it creates of patients prior to receiving services to the use of wearables to gather data and track patient health.
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