Article Title: Ara Chackerian Breaks Through Healthcare and Tech

Article Text:

Ara Chackerian is a renowned entrepreneur living in San Francisco, California. He is currently the general partner at Limoapa Teak, the Director at TMS Health Solutions, and sits on the Board of Directors at PipelineRx. Ara went to Florida State University, acquiring a Bachelor of Arts in Marketing.

Bridging healthcare and tech

The philanthropic entrepreneur is actively involved in transforming healthcare services through technological interventions. He invests in healthcare start-ups that envision the revolution of the sector. Transcranial stimulation is Ara Chackerian’s innovation. The technique aims at easing various mental health disorders.

Ara is passionate about the youth and the environment. He looks forward to an era in which most health solutions are eco-friendly and provide vast employment opportunities for young adults and youths. A typical venture that caters for both of these concerns is his Limoapa Teak farm in Nicaragua. A good number of youths are employed there. Then again, the farm uses agricultural techniques that protect rather than degrade the natural environment.

The Idea behind TMS Health Solutions

Ara states that the organization stems from a spirited effort to provide efficient solutions in the psychiatric sector. While exploring other areas to build experience in, a long-term partner suggested treating depression. Transcranial magnetic stimulation was the first device they chose to explore hence the birth of TMS.

Sufficient market research suggested that transcranial magnetic stimulation would perhaps rise into the three pillars in psychiatric care, joining talk therapy and medication. The treatment delivered great results especially for patients with great depressive disorder, at least for a start.TMS had been approved by the FDA in 2008, but there was little awareness of the treatment. Some of the challenges the technique faced in its inception are:

  • The scarcity of skilled personnel makes it hard to hire and retain operational staff
  • Limitations in insurance cover policies
  • Challenges in coordinating the venture

Ara Chackerian intended to create a solution that is patient-centered. This came to life in TMS Health Solutions.

The Home of Vijay Eswaran

Vijay Eswaran, the current Executive Chairman of QI Group, was born in Malaysia in 1960. Throughout his childhood, Vjay’s family moved throughout the country much during his childhood. After high school, he moved to the U.K. where he worked as a cab driver to pay for his university education. He graduated from the London School of Economics with a degree in socioeconomics in 1984, immediately taking a break for a full year to tour Europe. During this time he spent an entire month in a Franciscan monastery taking a vow of silence.

After finally returning to the U.K., he spent time learning binary system marketing and obtained his professional qualification from Chartered Institute of Management Accountants. In 1986 he moved to the U.S. and earned an MBA from the Southern Illinois University. During this same time, he became involved in multilevel marketing for the first time. In 1998 he returned home to Malaysia and founded Qi Group. The Qi Group of Companies includes businesses in education, hospitality, direct selling, financial services, and retail.

Qi Group is currently based in Hong Kong and maintains offices in Singapore, Thailand, and Malaysia. In addition, they maintain some sort of presence in ten countries. Today, Qi has a revenue of more than $1 billion every year. During his years in this role, he has also founded the RYTHM Foundation and the Vijayaratnam Foundation. He serves as Chairman of the Council of the Quest International University. This is a university which Qi Group started in 2008. Today it remains owned and run by the State Government of Perak and Qi Group.

He has also written and published a number of books. Eswaran is an active philanthropist, frequently giving money and time to projects involving private and public medical services. He occasionally gives to other philanthropic projects.