Ara Chackerian on His New Healthcare Venture

Healthcare is an exciting industry because it stands at the crossroads of a number of technological innovations. Ara Chackerian is Managing Partner at ASC Capital Holdings, which invests in growing healthcare organizations. In addition to his work with ASC Capital, he serves on the boards of several healthcare companies in the San Francisco Bay Area. He is also the CEO of Limonapa Teak, a sustainable teak farm in Nicaragua. He sat down with for an interview about his successes and future plans.

One of Chackerian’s newest ventures is TMS Health Solutions, which seeks to capitalize on the entrepreneur’s expertise in outpatient diagnostics. He seeks to use the knowledge he gained in the industry and apply it to building a network of outpatient psychiatry centers. These facilities specialize in providing transcranial magnetic stimulation, a procedure whereby a magnetic field generator is used to stimulate the brain. Chackerian believes the new treatment will eventually become as widespread as medication and therapy as a treatment for depression.

The last few years have seen rapid change in both healthcare and technology, and Chackerian believes that digital healthcare and telemedicine are maturing, with a number of applications in mental and behavioral health. His experience in the mental health segment has given Chackerian an appreciation of how serious the present crisis in this area of medical care. In fact, he recently published a post on on Mental Health Month, which has been around since 1949, despite only recently gaining greater recognition.

For the businessman and investor, one of the keys is to avoid stigmatizing mental health issues. Recognizing and fighting against this stigma goes hand in hand with sharing ones personal experiences. According to Chackerian, as long as people ignore, avoid, and criticize people struggling with these challenges, progress will be far more difficult to achieve.