Field Trip Health & Wellness Ltd. (TSX-V: FTHW) ("Field Trip"
or the “Company”), a global leader in the delivery of psychedelic
therapies, today launched Field Trip Online Therapy, a unique
approach to psychotherapy that leverages contemporary talk therapy,
integrative wellness tools and insights derived from being one of
the largest global providers of psychedelic-assisted therapies.
The new offering marks a milestone as the first
of Field Trip’s services to be accepted by major insurance
providers and is covered by Aetna, Cigna, Blue Cross Blue Shield,
Oxford, United Healthcare, and Oscar Health.
Field Trip Online Therapy will provide a new
level of care, not only for anyone seeking therapeutic support to
heal their mind, body, and spirit but also for people looking to
integrate insights and learnings from ketamine infusions or other
psychedelic experiences.
Each session will be 53 minutes long and will
include talk therapy and additional holistic wellness practices
including breathwork, somatic release, visualization, and
meditation. Every therapist providing therapy through the program
will have completed a proprietary psychotherapy training program
developed by Field Trip that leverages knowledge and learnings
derived from its network of psychedelic-assisted therapy
clinics.
“We are delivering unparalleled mental health
results for people who complete our ketamine-assisted therapy,”
said Ronan Levy, Chairman and CEO of Field Trip. “At the same time,
we know that ketamine therapies are not for everyone. That is why
I’m thrilled to introduce our Field Trip Online Therapy program. It
brings the unique insights our team has learned from providing
psychedelic therapies and translates them into an offering that
reaches a wider audience of people, at a time when they need it
most.”
The program comes at a time when the increased
need for mental health care is putting a strain on psychologists
nationwide. In a recent study conducted by the American
Psychological Association, six in 10 practitioners reported that
they no longer have openings for new patients, nearly half (46
percent) said they have been unable to meet the demand for
treatment and nearly three-quarters (72 percent) have longer
waitlists than before the pandemic.
“Our therapists are holistic and integrative and
trained in psychedelically-supportive practices and they approach
care in an open, compassionate, connected, and non-judgemental
manner,” added Sabina Pillai, Director of Psychotherapy Services at
Field Trip.
Field Trip Online Therapy is now available in
New York with plans to roll out to additional states throughout
2023. Clients will have access to easy self-scheduling through the
Field Trip Platform. For more information, visit
https://www.fieldtriphealth.com/.
About Field Trip Health & Wellness Ltd.
With a large global community of
psychedelic-interested people, proprietary psychedelic therapies
that generate transformative results for people in the treatment of
mental health conditions and a brand and share of voice that is
reaching millions of people, Field Trip is a center of gravity for
the psychedelic renaissance.
Learn more at https://www.meetfieldtrip.com,
https://www.fieldtriphealth.com and
https://www.fieldtriphealth.nl.
Follow us on Twitter and Instagram:
@fieldtriphealth
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Download Field Trip’s app here.
Cautionary Note Regarding Forward-Looking
Information.
This release includes forward-looking
information (within the meaning of Canadian securities laws)
regarding the Company and its business. Often but not always,
forward-looking information can be identified by the use of words
such as "expect", "intends", "anticipated", "believes" or
variations (including negative variations) of such words and
phrases, or state that certain actions, events or results "may",
"could", "would" or "will" be taken, occur or be achieved. Such
statements are based on the current expectations and views of
future events of the management of the Company and are based on
assumptions and subject to risks and uncertainties. Although
management believes that the assumptions underlying these
statements are reasonable, they may prove to be incorrect. The
forward-looking events and circumstances discussed in this release
may not occur and could differ materially as a result of known and
unknown risk factors and uncertainties affecting the companies,
including sign-ups, downloads, engagement, reviews, ability of
Field Trip to realize its business plan, grow its client base or
app user base, use of the Field Trip application by users, uptake
in existing or new programs by clinicians or patients, if any,
acceptance of psychedelic treatments by clinicians, patients, and
regulators, ability or effect of any clinical restructuring, future
changes in regulatory regimes which govern Field Trip’s business,
and/or the ability of Field Trip to realize on its business plan
for broadened, holistic approach to mental health and wellbeing.
Although the Company has attempted to identify important factors
that could cause actual actions, events or results to differ
materially from those described in forward-looking statements,
there may be other factors that cause actions, events or results to
differ from those anticipated, estimated or intended. Accordingly,
readers should not place undue reliance on any forward-looking
statements or information. No forward-looking statement can be
guaranteed. Except as required by applicable securities laws,
forward-looking statements speak only as of the date on which they
are made and the Company does not undertake any obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future events, or otherwise.
Additional information relating to the Company, can be located on
the SEDAR website at www.sedar.com .
This press release does not constitute an offer to sell or the
solicitation of an offer to buy securities.
Neither the TSX Venture Exchange nor its Regulation Services
Provider, have approved the contents of this release or accept
responsibility for the adequacy or accuracy of this release.
CONTACTS:
Field Trip Health & Wellness:
Ronan LevyChairman & CEO (416)
505-0929ronan@fieldtriphealth.com
Media contacts:
Isabella MorrealeAutumn Communications(862)
579-7944press@fieldtriphealth.com
Investor contacts:
Phil Carlson / Sophia Bashford (646) 573-0776 / (929)
246-7307KCSA Strategic CommunicationsfieldtripIR@kcsa.com
SOURCE Field Trip Health & Wellness Ltd.
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