Emyria Limited announced a strategic Board transition to bolster its clinical service growth in mental health, welcoming Dr. Mohit Kaushal as a Non-Executive Director. This change facilitates the transition of Matthew Callahan from a director of the Company to a unpaid advisory role where he will continue to provide strategic support for Emyria. Dr. Kaushal's appointment underscores Emyria's commitment to transforming mental health care by integrating state-of-the-art, multidisciplinary clinics alongside proprietary therapy development. As the global demand for mental health services rises, innovative new approaches - like psychedelic-assisted therapy - are gaining interest. The recent landmark decision by Australia to legalise the use of MDMA and psilocybin for PTSD and treatment-resistant depression, effective from July 1st, 2023 2 has created a unique opportunity for Emyria to harness its strengths in clinical service delivery, Real-World Data collection, and therapy development. Dr
Kaushal's track record in scaling tech-integrated clinical services directly supports Emyria'. mission to lead the delivery and development of promising mental health interventions, globally. Dr. Mohit Kaushal's noteworthy affiliations encompass roles at Humedica (acquired by Optum Health), Rxante (acquired by Millennium), Change Healthcare (acquired by Emdeon), Universal American (NYSE:UAM) acquired by WellCare (NYSE:WCG), CitiusTech (acquired by Baring), Gravie, Insight Psychiatry, Wellframe (acquired by HealthEdge), Elation Health, The Oncology Institute (NASDAQ:TOI) and Oak Street Health. Oak Street Health, under Dr. Kaushal's stewardship culminated in a $10.6 Billion acquisition by CVS Health in 2023. Oak Street's technology-empowered, personalised care framework resonates with Emyria's vision for mental health. During his time in the Obama administration, Dr. Kaushal was a member of the White House Health IT task force; a cross agency team implementing the technology aspects of the Accountable Care Act (ACA) and testified to Congress on the application of technology and payment reform to the Medicare population. Dr. Kaushal also built and led the first dedicated health care team at the Federal Communications Commission, where his team initiated collaboration with the Food and Drug Administration (FDA) for the regulatory streamlining of converged telecommunications, data analytics and medical devices leading to the release of the mobile medical applications guidance by the FDA. In addition, his team reformed the Rural Healthcare fund to create the Healthcare Connect Fund, which aligned the funding mechanism with wider health care payment policy and technology reform. In addition, Dr. Kaushal is an Adjunct Professor at Stanford University within the Biomedical Data Science Department. Dr. Kaushal continues to be active within public policy and is a
Scholar in Residence at the Duke Margolis Center for Health Policy. He was previously a Visiting Scholar at the Brookings Institution. He has also been appointed to the FDASIA Workgroup of the Health IT Policy Committee and to the National Committee on Vital and Health Statistics, advising HHS on Data Access and Use. An ER physician by training, Dr. Kaushal also holds an MBA from Stanford and an MD with distinction as well as a BSc from Imperial College, London.