Mood for growth: Mental health startup ready for untapped market

Armed with a cutting-edge mental health treatment, Tampa-based NeuroSpa TMS believes it’s set to capitalize on a wave of demand about to crest. Getting the word out is a principal challenge.


  • By Brian Hartz
  • | 6:00 a.m. September 4, 2020
  • | 0 Free Articles Remaining!
Courtesy. TMS therapy is delivered via a machine that costs between $50,000 and $100,000.
Courtesy. TMS therapy is delivered via a machine that costs between $50,000 and $100,000.
  • Health Care
  • Share

Pandemic-based stay-at-home orders and social distancing of the COVID-19 era exposed a somewhat hidden need in society: greater access to a wider variety of mental health services. 

With many people in self-imposed isolation, depression and anxiety are on the rise like never before. According to a recent Pew Research Center survey, 33% of all Americans experienced some sort of psychological distress in March and April. By late June, as the pandemic wore on, that number increased to 40%, according to the Centers for Disease Control and Prevention. 

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content