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MYnd Analytics And Carolina Partners To Launch Personalized Mental Health Program



11/17/2016 7:20:50 AM

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RALEIGH and DURHAM, N.C., Nov. 17, 2016 (GLOBE NEWSWIRE) -- MYnd Analytics, Inc. ("MYnd") (OTCQB:MYAN), and Carolina Partners in Mental Healthcare PLLC are teaming up to provide personalized care to veterans and civilians seeking quality evidence based mental health care. Carolina Partners, a 25 clinic outpatient psychiatry group practice based in Durham, N.C., is the first non-governmental site to launch the SMART-MD protocol for Veterans. This randomized, double-blind, multi-site clinical study will enroll patients—including veterans, active service members and their families—with a primary diagnosis of Depression.

Carolina Partners executed a PEER Services agreement which provides access to PEER for clinicians in all of its locations.

“At Carolina Partners, we empower our providers with information,” said Stan Monroe, Carolina Partners CEO. “Utilizing PEER and participating in the SMART-MD trial keeps our doctors on the cutting edge of evidence-based care and brings our patients the best quality care.”

“Our mission is to assist physicians in selecting the best targeted treatment for each patient, and with Carolina Partners, we're teaming up with a leader in evidence-based care," said George Carpenter, MYnd Analytics CEO.

PEER is a predictive medicine technology developed by MYND which combines an EEG scan of brain function with the largest registry of long-term outcomes in the world to assist physicians in selecting the medication which is most likely to work on a specific patient’s brain. A recently released military trial showed a reduction in suicidality by over 75% when physicians followed PEER recommendations, 2.5 times greater adherence to PEER-recommended therapy by patients, and three times higher medication efficacy than physicians treating as usual without the benefit of PEER.

“Studies continue to confirm the value of PEER information, and we look forward to working with Carolina Partners and rolling the technology out to more providers in the US and Canada,” said Carpenter.

About MYnd Analytics, Inc.

MYnd Analytics, Inc. (www.myndanalytics.com) provides a unique set of reference data and analytic tools for clinicians and researchers in psychiatry. While treatment for mental disorders has doubled in the last 20 years, it is estimated that 17 million Americans have failed two or more medication therapies for their mental disorders. The Company’s Psychiatric EEG Evaluation Registry, or PEER Online®, is a registry and reporting platform that allows medical professionals to exchange treatment outcome data for patients referenced to objective neurophysiology data obtained through a standard electroencephalogram (EEG). Based on the Company’s original physician-developed database, there are now more than 38,000 outcomes for over 10,000 unique patients in the PEER registry. The goal of PEER Online is to provide objective, personalized data to assist physicians in the selection of appropriate medications.

To read more about the benefits of this patented technology for patients, physicians and payers, please visit www.myndanalytics.com.

About Carolina Partners in Mental Healthcare PLLC

Carolina Partners was established in 1994 by siblings Yvonne, Steven, and Stan Monroe. Driven by the desire to provide North Carolina with better mental health services, the family opened 2 offices in Henderson, NC and Chapel Hill, NC. Now 22 years later, the family business has grown to 25 locations throughout North Carolina and has become the largest private mental health practice in North Carolina. At Carolina Partners, the community drives every decision we make. We understand that our clients need accessible, comfortable, safe places to seek care. We also understand that each person's needs are unique. We provide access to over 90 professional associates with diverse areas of mental health care expertise who can work together, which allows us to provide our clients with the best possible, comprehensive care available. Our unique model of practice that we call, “Doctors Without Bosses,” blends comprehensive support, real equity ownership, and unlimited opportunity for our clinical partners. We have comfortable, state-of-the-art workplaces that promote excellence and allow our providers to do their best work.

To read more about Carolina Partners in Mental Healthcare, please visit www.carolinapartners.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

Except for the historical information contained herein, the matters discussed are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements involve risks and uncertainties as set forth in the Company's filings with the Securities and Exchange Commission. These risks and uncertainties could cause actual results to differ materially from any forward-looking statements made herein.

Media Contact: Lauren Jenkins ScoutComms (202) 596-5669

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